Marketing Firm Turns 20 as Founder Celebrates 40 Years of Senior Living Leadership

inbusinessPHX.com

May marked a significant milestone for Angell Marketing, as the agency celebrated its 20th anniversary of supporting the lives of older adults and their families, and the 40-year career of Founder and CEO Wynne Angell. From her start as a senior living sales representative to becoming an aging advocate and founder of an award-winning senior living marketing agency in Phoenix, … [More]

WEBINAR – July 7: Build a Championship Team: Overcome the Five Dysfunctions

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! Build a Championship Team: Overcome the Five Dysfunctions 07/09/2024 | 9:00 AM In today's fast-paced and competitive business environment, effective teamwork is more critical than ever. However, many teams struggle due to underlying dysfunctions that impede their performance. REGISTER … [More]

World’s First Direct Air Capture Manufacturing Facility Coming to Mesa, Will Support Up to 400 New Jobs by 2029

inbusinessPHX.com

CarbonCapture Inc. a leading U.S. direct air capture (DAC) system company that builds modular systems that can be mass produced, signed a lease for an 83,000-square-foot high-volume manufacturing facility in Mesa, Arizona, for its first manufacturing plant. At full capacity, the facility is projected to manufacture 4,000 modules per year-equal to 2 megatons of removal … [More]

Phoenix Children’s Names New Chief Operating Officer

inbusinessPHX.com

Phoenix Children's announced Justin Bradshaw, FACHE, will join its leadership team as executive vice president and chief operating officer. With more than two decades' experience in health system operations, Bradshaw will play an integral role in ensuring consistent, high-quality, integrated care across all sites of service as Phoenix Children's continues its expansion across … [More]

Office Space Absorption Predicted over the Next Two Years, but Contraction to Slow in 2025

inbusinessPHX.com

Absorption of office space – the amount that is leased or occupied less the amount that is vacated or put on the market – is expected to remain negative through 2024 and 2025, though the rate of negative absorption is expected to slow to a near halt by the second half of 2025, according to the NAIOP Research Foundation’s Office Space Demand Forecast. “The office market … [More]

Monthly U.S. Home Price Gains Dip Below Seasonal Average

inbusinessPHX.com

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index and HPI Forecast for April 2024. Annual U.S. home price appreciation remained above 5% in April, with three states posting double-digit gains. By next spring, national price gains are projected to slow to 3.4%, with only a few states … [More]

CVS Health Invests $22.6M in a New Affordable Housing Development in Arizona

inbusinessPHX.com

CVS Health representatives will be joined by Governor Katie Hobbs, dignitaries, and the project developer La Frontera to announce the company’s equity investment in the development of West Point II Apartments, providing 85 new affordable housing units for persons 55 years and older, including units for individuals with disabilities. The development, which recently started … [More]

Construction Co. Celebrates 50 Years of Building Excellence

Rick McCartney

For five decades, Agate Construction has remained a cornerstone of excellence in the construction industry. Since its humble beginnings as an agricultural construction company, Agate has grown into a respected leader, maintaining an unrivaled reputation for high-quality construction projects and a devoted commitment to innovation, safety and customer satisfaction. As a … [More]

Trinity Capital Exits Its Equity Position in Core Scientific

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Trinity Capital Inc., a leading provider of diversified financial solutions to growth-stage companies, announced that as of June 4, 2024, it has completed the liquidation of the shares of common stock of Core Scientific that it received in satisfaction of its claim in Core's Chapter 11 bankruptcy. Trinity provided $30 million in equipment financing to Core in 2021. Core … [More]

Flinn Foundation Names New Leaders as Longtime Executive Retires

inbusinessPHX.com

Brad Halvorsen joined the Flinn Foundation in 1989 as its first communications employee. After 35 years of service to the foundation and Arizona, including nearly a decade as executive vice president, Halvorsen retires June 14. Halvorsen’s departure prompts two other executive leadership changes. Vice President, Communications Matt Ellsworth has been promoted to chief … [More]

First Sprouts Store to Far North Phoenix and Greater Anthem Opening

inbusinessPHX.com

A new Sprouts Farmers Market in North Phoenix is ready for customers, announced Diversified Partners, the leading Scottsdale real estate brokerage and development company.  The new location took over a 28,000-square-foot space formerly occupied by Bed Bath & Beyond in Tramonto Marketplace, near I-17 and Carefree Highway. The grocery chain will provide the community with a … [More]

Their Take: Merit Selection – A Respected Arizona System of Judge Selection Worth Preserving

by Timothy Berg and Paul Eckstein

Fed up with a system that featured campaigns for judicial office that included yard signs and bumper stickers, that forced judges to seek campaign contributions from lawyers and parties who would be appearing before them, and that produced judges who occasionally delegated decision-making to their judicial assistants, Arizona voters decided nearly a half century ago to choose a … [More]

Conducting a Mid-Year Financial Health Checkup

by Rachel Caballero

As we find ourselves midway through the year, it's a great moment to take stock of our financial journey so far and recalibrate for the months ahead. This is the time when many of us pause to review our progress, tweak our plans, and realign our aspirations to ensure a successful year's end. Take a moment to acknowledge your achievements thus far, rectify any missteps, and … [More]

Developer Completes First Piece of $500M, 88-Acre Peoria Industrial Master Plan

inbusinessPHX.com

Greystar, a global leader in the investment, development, and management of institutional-quality commercial real estate, joined with officials from the City of Peoria and project partners to celebrate the completion of Caliber by Greystar, a three-building, Class A industrial development in Peoria, Arizona. Caliber marks the first development piece to deliver within … [More]

Hard Rock Music-Themed Hospitality Experience Coming to Scottsdale in 2026

inbusinessPHX.com

Hard Rock International announced development plans for REVERB by Hard Rock Scottsdale, a music-themed hospitality experience featuring entertainment and outdoor spaces, 195 hotel rooms, an outdoor pool, a rooftop bar and more. The $60 million project in partnership with ERES Capital is expected to open in late spring / early summer 2026, anchoring The Sydney, a mixed-use … [More]

Median Price per Square Foot Experiences Monumental Rise, Growing 52.7% Since 2019

inbusinessPHX.com

According to the Realtor.com May housing data, median list prices have increased 37.5% since May 2019, and while prices grew in that time frame, inventory is down 34.2% compared with typical 2017 to 2019 levels pointing to the market being in seller-friendly territory. "In addition to higher median list prices and fewer homes for sale versus 2019, the increase in median … [More]

The Best States to Work from Home Are Tallied, See Where Arizona Ranks

inbusinessPHX.com

New research has revealed the best states to work from home, with Virginia coming out on top and Arizona taking the third spot on the list. The study by ergonomic furniture brand Desky analyzed data on internet speeds, electricity costs per kilowatt-hour, and remote job vacancies in each US state to determine which states are best for working from home. It found … [More]

See Where Arizona Ranks for States Most Worried About Their Finances 

inbusinessPHX.com

New data reveals the states that are the most stressed about their finances, with Arizona coming fifth. Online lender CreditNinja analyzed average monthly search volumes over the past 12 months to discover the states searching the most for terms related to money and financial issues. The study examined over 200 search terms, including ‘money help’, ‘debt relief’, and … [More]

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