According to NFIB’s monthly jobs report, the labor shortage continues to be a challenge for small businesses with 51% (seasonally adjusted) of owners reporting job openings they could not fill in the current period, up four points from April and matching the 48-year record high set in September. Twenty-three percent of owners reported labor quality was their top business … [More]
OH Partners Expands to Las Vegas with New Office
OH Partners, one of the fastest growing advertising and digital marketing agencies in the country, announces the opening of its newest office in Las Vegas. The 6,700 square foot office is in the Rainbow Sunset Pavilion located at 6385 South Rainbow Blvd. Suite 100, which is also home to the Hakkasan Group and down the street from UFC Performance Institute. “We are thrilled … [More]
North Scottsdale Mega-Mansion Sells for $28.1M, Setting Record for Most Expensive Home Sold in Arizona
The record for the most expensive home sold in Arizona didn’t stand for long. Fidelity National Title Agency is pleased to announce it helped close on a $28.1 million mansion at 21264 N. 113th Place in Scottsdale. Built by Scottsdale-based Mast Luxury Homes on 4.6 acres, the 21,150 SF residence boasts eight bedrooms, two elevators, 12 full baths and six half baths. … [More]
Game-Changing Phoenix-Based Development Group Purchases First Property, Goal to Better Serve Communities
Thrive Development Group, based out of Phoenix, Arizona, recently purchased The Shops at Apache Junction, located at 185 W. Apache Trail. This is the commercial developer’s first commercial real estate purchase since it started in March of this year. The Shops at Apache Junction, which was built in 1998, was previously owned by War Chest Real Estate, LLC. This retail center … [More]
Inventory Stages a Comeback While Home Prices Soar to All-Time High
New data suggests the U.S. housing market hit a turning point in its supply struggle in May, as active inventory recorded the first year-over-year increase since June 2019, according to the Realtor.com® Monthly Housing Trends Report released today. At the same time, the median national home price soared to an all-time high of $447,000 and buyers snatched up listings a week … [More]
Indianapolis-Based Real Estate Co Buys 68 Acres in Queen Creek for Industrial Development
Thompson Thrift Commercial, a wholly-owned company of Indianapolis-based Thompson Thrift, announced today the acquisition of approximately 68 acres of land zoned for industrial development, just west of the southwest corner of Germann Road and Meridian Road in the Phoenix suburb of Queen Creek. "We are thrilled to grow our presence in the booming Queen Creek area," said … [More]
Opportunity Zone Investor Continues Redevelopment Efforts in Downtown Mesa
Caliber, an Opportunity Zone investor, announced that it has leased two more of its properties in Downtown Mesa as part of the Company’s ongoing redevelopment efforts in the city. Level 1 Arcade Bar will be moving into 48 W. Main Street, bringing a family friendly environment for all ages to enjoy a retro arcade experience with fully restored arcade and pinball machines … [More]
Fairmont Hotels & Resorts Adds Luxury Hotel and Residences in Downtown Phoenix
Fairmont Hotels & Resorts, part of world leading hospitality group Accor, together with Thunderbird Legacy Development, announced the signing of definitive agreements for the development and management of a new Fairmont Hotel and Residences in downtown Phoenix. Scheduled to open in early 2025, Fairmont Phoenix will offer a luxury hotel and residential experience unlike … [More]
