Jobs Report: Labor Shortages Continue to Constrain Small Business Job Growth

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NFIB’s April jobs report found that 34% (seasonally adjusted) of small business owners reported job openings they could not fill in April, down six points from March, the lowest since January 2021. “Small business owners remained open to hire and grow their workforce in April,” said Chief Economist Bill Dunkelberg. “While the percent of open positions decreased a bit, Main … [More]

Salon Suites Franchise Expands with First Phoenix Location

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Sola Salons, the industry leader in supporting independent beauty professionals through private, move-in-ready salon suites, is excited to announce the opening of its newest location in Phoenix, Arizona at 20330 North Cave Creek Road. "We are thrilled to bring the Sola Salons brand to Phoenix," said Scott Thompson, chief development officer of Radiance … [More]

Turmoil Weighs on Tech Jobs Market, Arizona Biggest Month Over Month Increase

Tech hiring intent remains stable at 203,000 new job listings

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Tech hiring activity in April felt the weight of ongoing economic uncertainties and mixed market signals, CompTIA, the leading global provider of vendor-neutral information technology (IT) training and certification products, reported today. Tech sector companies reduced staffing by a net 7,000 positions in April, analysis of U.S. Bureau of Labor Statistics … [More]

$225M Development Brings Safeway, Boutique Restaurants, Retail, Hotel and Multifamily to Gilbert

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Thompson Thrift, a full-service real estate company engaged in multifamily, mixed-use, industrial and commercial projects across the country, hosted a groundbreaking ceremony on April 30 for The Gilmore, a 35-acre mixed-use development in the Phoenix suburb of Gilbert. "The Gilmore's groundbreaking is an exciting milestone that brings our vision one step closer … [More]

Scottsdale Financial Reporting Co. Acquired by Palo Alto-Based Private Equity Group

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Equity Methods, a top-rated provider of valuation, financial reporting, and human resources advisory services related to equity compensation and other complex securities, announced that Palo Alto-based private equity group HGGC has acquired majority ownership of the firm from Montage Partners on April 28, 2025. HGGC, a values-driven, partnership-focused middle-market private … [More]

Infill Industrial Redevelopment Breaks Ground in Tempe, Meeting Demand for High-Efficiency Space

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Creation, a Phoenix-based real estate development and alternative investment firm, and LGE Design Build, a premier Southwest design-build firm, announced today the start of construction on Nexus Commerce Center, a 273,000-square-foot Class-A industrial park located at Elliot Road and Hardy Drive in Tempe. To mark the occasion, the developer held a groundbreaking ceremony … [More]

Redevelopment Transforms Vacant, Back-Office Building into High-Tech Manufacturing Facility

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Phoenix Rising Investments and Willmeng recently completed work on their AMPlify development at 6505 W. Chandler Blvd. in Chandler. The latest AMPlify project transformed a vacant, back-office building into a high-tech manufacturing facility that has a dedicated 50 MW SRP substation for a Fortune 500 corporation. “On behalf of the City of Chandler, I want to thank Phoenix … [More]

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