The Arizona Department of Health Services (ADHS) is urging Arizonans to get their COVID-19 booster dose as soon as they can because of the rapid spread nationally of the Omicron variant and the potential for more breakthrough cases among vaccinated people. Those who have yet to be vaccinated also should act now to get the protection offered by safe, free, and highly effective … [More]
54-Acre Industrial Logistics Park Planned in Buckeye, AZ
SVN Desert Commercial Advisors completed the sale of an approximately 54-acre industrial development site in Buckeye at the southeast corner of Southern Ave. and Rainbow Rd. within the Buckeye Rail Corridor. The property was acquired from KWC Motorsports LLC, for $6,525,000 by Buckeye 54 LLC, a Joint Venture formed by Contour Real Estate and Shopoff Realty Investments … [More]
Nikola to Pay $125M Civil Penalty in SEC Dispute
Nikola Corporation, a global leader in zero-emissions transportation and energy infrastructure solutions, today announced a resolution with the U.S. Securities and Exchange Commission. As part of the resolution, Nikola has agreed to pay $125 million to the SEC in five installments over two years. The first installment will be paid by the end of 2021, and the remaining … [More]
Private Equity Firm Acquires Majority Stake in Encora
Encora, a global digital engineering services company specializing in software product development services for fast-growing enterprises and digitally-native companies and Advent International (“Advent”), a leading global private equity firm, today announced that Advent has acquired a majority stake in Encora’s business. As part of the agreement, Warburg Pincus, the existing … [More]
