46-Acre Property Closes, Construction of Class A Industrial Park to Start Aug 2022

inbusinessPHX.com

Mohr Capital, a Dallas-based privately held real estate investment firm, acquired 46.26 acres in one of Arizona’s fastest-growing cities to develop Summit Business Park, a Class A industrial business park in the West Valley. Summit Business Park will offer a combined space of 704,472 square feet of leasable industrial space with 453,960 square feet in Building 1 and 250,512 … [More]

SBA Announces Landmark Collaboration with Historically Black Fraternities and Sororities to Address the Wealth Gap Through Black Entrepreneurship

inbusinessPHX.com

The U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, signed a Strategic Alliance Memorandum (SAM)--an authority unique to the SBA among federal agencies--with President Reuben A. Shelton III, Esq., on behalf of the National Pan-Hellenic Council (NPHC)’s Council of Presidents, comprised of nine … [More]

The Palmeraie in Scottsdale Taps Riccardo Vannetti as Chief Brand Officer

inbusinessPHX.com

From the luxury fashion house of Ferragamo, well-regarded international marketing executive Riccardo Vannetti has joined forces with Five Star Development to lead the marketing and branding vision for The Palmeraie, a $2 billion, 122-acre luxury shopping, dining and entertainment destination in the heart of Scottsdale. Vannetti was most recently the chief marketing officer … [More]

Small Business Owners’ Expectations for the Future at 48-Year Low

NFIB

The NFIB Optimism Index fell 0.1 points in May to 93.1, marking the fifth consecutive month below the 48-year average of 98. Owners expecting better business conditions over the next six months decreased four points to a net negative 54%, the lowest level recorded in the 48-year-old survey. Expectations for better business conditions have deteriorated every month since … [More]

Conscious Capital Growth and Main Squeeze Juice Company Partner to Fuel Rapid Expansion of Hot Concept

inbusinessPHX.com

Scottsdale-based Conscious Capital Growth, announced both their partnership with Louisiana-based Main Squeeze Juice Company, the franchise concept that is taking the health and wellness juice category by storm, and the partnership's plans for rapid expansion in the U.S. and eventually worldwide. Conscious Capital Growth, led by franchise veterans, Heather … [More]

Mesa Medical Practice Acquisition to Expand Care in the Phoenix Area

inbusinessPHX.com

VillageMD announced it acquired Velda Rose Medical Center, a primary care practice founded by Mark Goldberg, M.D. Patients in the Mesa and Phoenix area can visit Dr. Goldberg and his care team, including Michael Demko, DO, David Izenberg, DO, Uma Gopakumar, DNP, Leslie Stumpff, LMSW, and Kyle Hunsaker, PA, at Village Medical later this summer. "At … [More]

Four Million Hard-Hit Businesses Approved for Nearly $390B in COVID Economic Injury Disaster Loans

U.S. Small Business Administration

As the country continues to transition from a historic economic recovery to stable, steady growth that works for families and small businesses, Administrator Isabella Casillas Guzman, the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, highlighted the impact of the SBA’s COVID Economic Injury Disaster Loan (EIDL). Through the life of the program, … [More]

Department of Education Grants $2M to Junior Achievement of Arizona

inbusinessPHX.com

The Department of Education has granted $2 million to Junior Achievement of Arizona through the ESSER III Setaside funds, which is now called the AZ ARP School & Community Grant, to expand JA Inspire.  The additional funds will be used to hire 5-7 staff and reach 175,000 Arizona middle and high school students over the next 2.5 years. “JA Inspire is our premier career … [More]

Largest Boutique Yoga Franchise Set for Expansion in Phoenix

inbusinessPHX.com

YogaSix, the fast-growing boutique yoga brand, announced today the signing of a franchise agreement with a local entrepreneur, which will bring three additional YogaSix studios to Phoenix. The new locations, which will nearly double the brand’s presence beyond the four studios currently in the market, are expected to open their doors in the next couple of years. YogaSix has … [More]

What Nonprofits Can Do to Gear Up for Tough Economic Times

inbusinessPHX.com

As concerns rise that the nation could be headed for a recession, leaders of nonprofit organizations may find out just how well they can weather the misery brought about by an economic storm. When the economy goes sour, the demand will become even greater for the services those nonprofits provide. “The people who are hit the hardest by tough times are always those with … [More]

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