First Quarter Bankruptcy Filings Dip Dramatically

Arizona recorded a dramatic drop in middle market business bankruptcy and receivership filings during the first quarter of 2022, according to data in the Resolute Index, a bankruptcy report published today by Resolute Commercial Services. The Grand Canyon State recorded only two middle market bankruptcies and one middle market receivership, a 67% decrease in middle market … [More]

Artisan Bakery and Restaurant Opens 16th Valley Location

Wildflower, the 25-year beloved Arizona brand known for its award-winning food and handcrafted artisan breads, announces its newest location in the West Valley. Located in the Park West shopping complex in Peoria, the new restaurant officially opens on Tuesday, May 3 with three days of community events leading up to the grand opening. Wildflower Park West is more than 4,500 … [More]

Industrial Park Breaks Ground in Peoria, Attracts Top Tenants

VanTrust Real Estate, LLC, a full-service commercial real estate development company, broke ground on Phase I of the 150-acre Peoria Logistics Park, which will consist of up to eight buildings. The project represents the largest Class A industrial park to be developed in the Peoria submarket. Peoria Logistics Park is located just two miles east of the Loop 101 at the … [More]

Multifamily Creative Agency Launches New Podcast

Envida Social, the nation’s leading female-founded multifamily marketing agency, has launched The Brick and Market podcast. Airing weekly, the podcast will give the lowdown on leasing up in the multifamily industry by covering tips, trends, and insights from Envida experts, as well as featured guests. “We’re very excited to roll out The Brick and Market and provide … [More]

Health Sciences Center Coming to Phoenix

by Adriana Marinescu

Phoenix will soon harbor a new University of Arizona Health Sciences research facility. Once completed, The Center for Advanced Molecular and Immunological Therapies (CAMI) will serve as a health sciences hub for the study of the immunology of cancers, infectious diseases and autoimmune conditions. CAMI will anchor the 30-acre Phoenix Bioscience Core, the planned 6 … [More]

Inflation Worsens in March, Gas and Rent Costs Rise

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2 percent in March on a seasonally adjusted basis after rising 0.8 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment. Increases in the indexes for gasoline, shelter, and food were the … [More]

BioProcure Announces Office Expansion to Chandler

BioProcure, the premier procurement and accounts payable services company for biotech companies, announced today its expansion to a temporary office in Chandler, Arizona. BioProcure expects the temporary office to be operational in April 2022 with plans to establish a permanent Arizona location by 2023. BioProcure will be located within Workpliciti, which is a flexible office … [More]

Sendoso Invests More Than $40 Million for New Office and Headquarters in Phoenix

Sendoso, the leading sending management platform, today announced its new office at The Grove, in the historic Phoenix neighborhood, and the relocation of its corporate headquarters from San Francisco, California to Arizona effective November 2022. The 58,000-square-foot office space is designed to enhance collaboration to further amplify and inspire connections among … [More]

The Pandemic, Ukraine, And Inflation: How We Got to the New Normal Economy 

by Tom Siomades, CFA

Will we ever get back to normal? Or, are we stuck in the new normal for an extended period? Economically speaking in the U.S., the answer to the first question is “hopefully,” and to the second question, “probably.”  In the wake of the two-year COVID-19 pandemic’s massive effect on the global economy, Russia’s recent invasion of Ukraine has added another seismic shock to … [More]

Buckeye’s Largest Industrial Complex Development Is Underway

The 145-acre project, titled Buckeye I-10 Logistics, is the largest industrial complex under development along Buckeye’s I-10 frontage Freeway, just west of Verrado Way. The industrial park will be constructed with over 2.2 million square feet of industrial space. The 641,000 square foot phase I building has already broken ground with completion expected before the end of 2022. … [More]

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events