Arizona economic development efforts continued to set a new standard of excellence and build on the state’s economic momentum in Fiscal Year 2024 (FY 24). In the 12-month fiscal period that ended on June 30, 2024, the Arizona Commerce Authority (ACA) and local economic development agencies successfully worked with companies that committed to creating a projected 24,251 new … [More]
268-Home Luxury Community Opens, Creates Ideal Connectivity throughout Phoenix Metro
Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, today announced the start of leasing at Harwood, a luxury community ideally located in North Phoenix. Harwood includes 268 upscale apartment homes that offer the ultimate in comfort and convenience. Its spacious, well-appointed … [More]
Aircraft Parts Supplier Upgrades, Expands into Tempe Industrial Building with $27.5 M Purchase
Setna iO/Setnix purchased a prime 112,300-square-foot industrial property located at 1345 S. 52nd St. in Tempe, Arizona for $27,500,000, marking a significant local expansion for the global organizations. They specialize in aftermarket aircraft parts supply and high-tech airplane parts machining and repair. The newly renovated facility features a 32’ clear ceiling height, … [More]
Athletic Talent from Arizona Public Universities on Display at 2024 Paris Olympic Games
Arizona public universities will be well-represented at the 2024 Paris Summer Olympic Games. The games will include 45 athletes or coaches with ties to Arizona’s three public universities. The group will compete for 27 different countries, highlighted by eight members of Team USA, and span 13 different sports. Arizona State University will have 24 current and former … [More]
Scottsdale-Based Retirement Tech Co. Names New CEO
ARS, a prominent lifetime income design and technology company, has appointed Dave Paulsen as its Chief Executive Officer. With over 30 years of extensive experience in retirement plans, asset management, and insurance solutions, Paulsen is poised to drive innovation and growth at ARS. In the last 12 months, ARS has seen impressive adoption of its products, including … [More]
Healthcare Real Estate Investment Co. Acquires Dignity Health Micro-Hospital in Phoenix
HPA Exchange LLC, a healthcare real estate investment sponsor created by the executive team of Healthcare Property Advisors, a vertically integrated healthcare real estate owner and operator, announced today the acquisition of a micro-hospital with emergency room and imaging center that is 100% leased to Dignity Health in Phoenix. Located at 7171 S. 51st Drive. "We are … [More]
Phoenix-Based Trucking Giant Acquires Regional LTL Carrier
Knight-Swift Transportation Holdings Inc. acquired the operating assets and assumed certain liabilities of the non-union regional less-than-truckload division of Dependable Highway Express, Inc., based in Los Angeles, California. The acquisition is expected to be immediately accretive to Knight-Swift’s earnings per share. Knight-Swift CEO, Adam Miller, commented, “We are … [More]
