Chandler Four-Building Class A Industrial Park Sells for $83M

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The $83 million sale of Akimel Gateway in Chandler to EastGroup Properties, Inc. is complete. CBRE National Partners’ Rusty Kennedy and Joe Cesta, along with Cooper Fratt, John Werstler, Tanner Ferrandi and Mike Parker, represented Trammel Crow Company and CBRE IM in the deal. “Akimel Gateway presents a compelling investment opportunity for EastGroup, featuring impeccably … [More]

Chamber Foundation Announces New ElevateEdAZ Vice President

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The Greater Phoenix Chamber Foundation (the Foundation) is proud to welcome Isabel Gonzalez as the new vice president for ElevateEdAZ, the education initiative of the Foundation focused on aligning education to workforce learning pathways with the needs of Arizona’s leading industries. Gonzalez brings more than 20 years of experience to her new role, including a diverse … [More]

Local Food Bank Refreshes Brand Identity

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United Food Bank, a Mesa-based food bank that serves those impacted by food insecurity in the East Valley and eastern Arizona, is excited to start 2025 with a refreshed brand identity. Thanks to a generous grant from the Virginia G. Piper Charitable Trust, this new branding will help highlight the growth of United Food Bank as it continues to expand its reach, grow its funding … [More]

All-You-Can-Eat Buffet Restaurant Opens 7th Arizona Location, Unveiling a Modern Redesign

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Lin’s Grand Buffet, the all-you-can-eat dining destination known for its family-friendly atmosphere and commitment to quality, announced the grand opening of its 17th location in the Southwest. Situated at 10021 N Metro Pkwy E in Phoenix, this new restaurant represents a significant milestone for the brand, unveiling a modern redesign that reflects the evolving tastes of its … [More]

$15M Investment Brings Banner Boswell Medical Center Advanced Radiology Suite

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A transformative endoscopy and interventional radiology suite has officially opened at Banner Boswell Medical Center. This wing is equipped with the most advanced technology for complex biopsies, therapies and endoscopies, thanks to a $15 million investment funded in part by Sun Health, a philanthropic partner of Banner Boswell and Banner Del E. Webb Medical Center. The Banner … [More]

Phoenix Police Reflect on 2024 with Year in Review, Staffing Problems Loom

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The past year has been one full of successes, challenges, and heartbreak for the Phoenix Police Department. As we close out 2024, we are hopeful for a safe and positive 2025 as we continue to serve our community with excellence. This year, the Phoenix Police Department suffered the loss of one of our own. Officer Zane Coolidge, a young officer, husband, father, son, and … [More]

Phoenix-Based Conversational AI Co. Expands Collaboration to 109 Jiffy Lube Locations Nationally, Revolutionizing Customer Experience

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Revmo AI, a leading Phoenix-based conversational AI company, announced the expansion of its collaboration with Stonebriar Auto Services, LLC, a prominent Jiffy Lube franchisee, now encompassing 109 locations across the U.S. This milestone highlights a shared commitment to leveraging cutting-edge AI technology to enhance customer interactions and operational … [More]

Favorable Economic Impact Study Reveals Marketing Agency’s Strong Client ROI

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Televerde, a global agency supporting marketing, sales, and customer success for B2B businesses worldwide, announced the findings of a commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting on behalf of the company. The study reveals that a composite organization representative of interviewed clients partnering with Televerde achieved a 71% return on … [More]

Businesses Ring in the New Year with Renewed Optimism

Inflation and labor constraints remain top concerns

inbusinessPHX.com

There is a renewed sense of optimism among small and midsize business leaders as they consider their business and economic prospects for the year ahead, according to JPMorganChase’s 2025 Business Leaders Outlook survey released today. Compared to a year ago, confidence in the national economy has jumped 12 percentage points to 55% among small business owners, and more than … [More]

New ASU Graduate Business Degree Options Meet Emerging Market Needs

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Following the successful launch of the nation's first graduate program in artificial intelligence in business, the W. P. Carey School of Business at Arizona State University is adding to and enhancing its graduate business program offerings to meet student needs and new business demands. This fall, two new programs — a master's degree in economics and an online master's degree … [More]

Arizona Launch Brings Mobile Device Purchases of Lottery Tickets and Scratchers

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Jackpot.com, the website and app that allows lottery players to safely and securely order official state lottery tickets and Scratchers from their mobile phones, desktops and tablets, announced the launch of its services in Arizona. With this latest offering, Arizonians can now purchase and play their favorite lottery games from anywhere. Lottery players in Arizona can now … [More]

Hospitality Investment Firm Expands Portfolio with Acquisition of Scottsdale Resort

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LionGrove, a leading hospitality investment firm, announces the purchase of ADERO Scottsdale Resort, Autograph Collection, an idyllic resort nestled in the heart of the Sonoran Desert. "The acquisition of ADERO Scottsdale marks an exciting milestone in LionGrove's dedication to building a portfolio of distinctive hospitality properties that create memorable and … [More]

2 Myths That Can Suffocate Nonprofits

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Many nonprofits fail to achieve the lofty goals they seek to achieve. But did you know the root of many nonprofit failures are two myths which permeate and suffocate the sector? What are these myths, and how can nonprofits clear the air, scale, and succeed? I have ,” who can talk about two myths that suffocate the nonprofit sector: “The myth of uniqueness and the overhead … [More]

Housing Affordability Didn’t Worsen in 2024—The First Time in Four Years That Has Happened

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A household making the $83,782 median U.S. income in 2024 would’ve had to spend 41.8% of their earnings on monthly housing costs if they bought the $429,734 median-priced U.S. home, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s a slight improvement from 42.2% in 2023, but is considerably less affordable than the typical … [More]

Phoenix Set to Show Off at CES 2025 in Las Vegas

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To showcase Phoenix as a rising hub for innovative technology, advanced manufacturing, bioscience, and aerospace, Mayor Kate Gallego and the City's Community and Economic Development Department will travel to this year's Consumer Electronics Show (CES) from January 7 to 10 in Las Vegas, Nevada. This will mark the Mayor and City's first time participating in CES, the world's … [More]

WORKSHOP – Feb 3, 10 & 24: Small Business Academy – The ABCs of Starting Your Business

Arizona Commerce Authority

Small Business Academy: The ABCs Of Starting Your Business Unlock the keys to entrepreneurial success with SCORE’s ABCs of Starting a Business—a dynamic three-part workshop series designed to take you from idea to execution with clarity and confidence. This engaging series is perfect for aspiring entrepreneurs at any stage, offering practical … [More]

Florida Investment Firm Acquires 262k SF Industrial Portfolio in Phoenix Metro Area

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TerraCap Management LLC, a privately held investment firm headquartered in Naples, FL, announced today the acquisition of Valley Vista, a 262k square foot three-property industrial portfolio spread across the Phoenix, AZ metropolitan area. The three single-story buildings are located in the dense submarkets of Chandler, Tempe, and south of the Phoenix Sky Harbor Airport. The … [More]

Smead Capital Management Appoints Conor O’Callaghan as Chief Operating Officer

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Smead Capital Management, a Phoenix-based investment management firm and a leader in value investing, announces the appointment of Conor O’Callaghan as Chief Operating Officer. This key addition comes as the firm continues to build on its significant growth, having more than tripled its assets under management over the past four years. With over two decades of … [More]

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