Commercial Real Estate: Building Ourselves Back?

by RaeAnne Marsh

The commercial real estate market was ravaged by the down economy, although it didn’t make disaster headlines like its residential counterpart. There was a day when the metropolitan Phoenix area was tops when it came to building companies expanding and actual construction of commercial projects here in the Valley. Office space, multi-tenant and industrial projects were at … [More]

J. Doug Pruitt, Sundt Companies

from J. Doug Pruitt

After a tumultuous past couple of years, commercial construction is beginning to make a comeback. So let’s look at what drives the construction market locally here in Arizona. The harsh reality we have had to deal with is that local construction starts collapsed from just over $20 billion back in 2006 to averaging less than $10 billion each of the last four years, including … [More]

Architecture: Design Plan Build for the Future

by Kathy A. McDonald

Cautious optimism is the mood today at Greater Phoenix’s leading architecture and design firms. Hard hit by the economic downturn and fallout in formerly readily available financing for commercial projects, firms have found varying ways to come to terms with the economy. Tightening staff numbers, focusing on new kinds of projects and teaming with other architectural businesses … [More]

Drive Business to Success with a Winning Marketing Concept

by Martha Guidry

Behind every successful product, service, or brand is a powerful concept. It is really that simple. Products and services that win in the marketplace are successful in presenting an idea that combines a clear benefit with invisible consumer logic. Whether the business is big or small, just started or in some stage of maturity, it needs a marketing concept. Surprisingly, many … [More]

Hiring Military in the Civilian Work Force

by RaeAnne Marsh

They come into the work force with a strong goal and task orientation, bringing an ethic of hard work, discipline and the ability to lead a team. This, explains Mike Hadley, financial advisor talent acquisition recruiter for Edward Jones, is why his company actively seeks out returning military men and women. “Edward Jones puts the needs of the client first, and where else but … [More]

Commercial Real Estate: Now is Choice Time for Purchase or Lease

by J. Rentilly

In today’s real estate market, there are bountiful reasons for a business to consider purchasing a property over leasing, especially for a stable company with a long-term growth plan. Says Kent Hanson, who fronts the Industrial Group at Cassidy Turley, “Leasing definitely gives you flexibility if you’re not sure what your next couple of years are going to look like, but a lease … [More]

Commercial Real Estate: Lows Make Highs for Investment

by J. Rentilly

The rebound of the Phoenix-area commercial real estate market remains a long, dark night, with sunnier skies forecast over the next three years, according to Mark Stapp of Arizona State University’s W. P. Carey School of Business. “The good news is that it appears the commercial market has reached its bottom and has stabilized,” says Stapp. “The bad news is we don’t know … [More]

Kristin Bloomquist: Harnessing the Power of Relationships

By Lauren Caggiano

To Kristin Bloomquist, general manager of Cramer-Krasselt’s Phoenix office, an advertising career is all about creating relationships. “I got into the work of advertising because I was fascinated by the creativity of it,” she says. “I also loved the business part of it … [the ability] to partner with clients to grow their business.” Examples across a multitude of clients … [More]

Bytes: September 2012

by Mike Hunter

Get a Free Website Google, SCORE, Arizona Small Business Development Centers Network and Intuit are behind the effort to get Arizona’s small businesses online. Free the first year, get a simple website to draw business. According to their website, 56 percent of small businesses in Arizona do not have a website yet 97 percent of Internet users look online for local products … [More]

Education Means Business at Grand Canyon University

by RaeAnne Marsh

Grand Canyon University’s recently completed campus expansion represents a new business model for educational institutions that its president Brian Mueller believes will help solve two challenges: “We’ve got to figure out a way to provide higher education for far less money than we’re asking students to pay without so much burden on the taxpayer.” Key was the university’s … [More]