Video: Super Bowl LVII Small Business Permitting and Licensing Workshop

​Learn about the permits and licenses needed by small businesses for food sales, signs, street and sidewalk vending, public assembly and special events during Super Bowl LVII in 2023. City of Phoenix and Maricopa county staff explain how to apply and when to file the required applications. See workshop video here. Workshop was hosted by … [More]

Tacoma-Based Bank Expands Business Lending Division to Arizona

Columbia Bank, the wholly owned subsidiary of Columbia Banking System, Inc., announced the expansion of its Commercial Lending Division into Arizona with the appointment of veteran Phoenix-area banker Ryan Summers. Summers, with 14 years of commercial banking experience, will build a team dedicated to delivering the full suite of business lending … [More]

Phoenix Industrial Market Remains Strong, Posting Robust Demand and Rent Increases in Q3

The Phoenix industrial real estate market, already one of the strongest in the U.S., closed a very robust Q3 2022, as rent rates continued to increase, more space was added to the construction pipeline, and vacancy remained low, according to new research from Transwestern Real Estate Services (TRS). Transwestern tracks industrial properties in nine critical Phoenix … [More]

SRP Honors Valley Businesses for Outstanding Efforts in Energy Efficiency and Being Green Leaders

For the ninth consecutive year, Salt River Project honors local ‘Champions of Sustainability.’ From San Tan Valley to Tolleson — to cities in between — the 2022 awards recognize SRP commercial customers who participate in Business Solutions programs and lead the charge in sustainability and innovation. SRP’s energy efficiency programs are a major component to the … [More]

EV Fleet Service Provider Signs Purchase Order for 100 Zero-Emission Nikola Tre Battery-Electric Trucks

Nikola Corporation, a global leader in zero-emissions transportation, energy supply and infrastructure solutions, and Zeem Solutions, the innovative zero-emission EV “fleet-as-a-service” provider, announced Zeem has executed a purchase order for 100 Nikola Class 8 Tre battery-electric vehicles (BEVs) to ensure immediate availability of electric trucks for freight and logistics … [More]

2023 Economic Outlook with ASU and National Economists Is Nov. 16

The 2023 economic outlook is perhaps the most complex and challenging exercise in economic forecasting in decades. Economic indicators are in conflict. Inflation has increased to levels not seen in years but appears to be decreasing. Output may be slowing, and there are questions of a possible recession looming. At the same time, employment continues to be strong. Moreover, the … [More]

CRE Firm Brokers $150M Newly Built Luxury Apartment Building in Scottsdale

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. The property sold for $150 million, or $547,445 per unit. “Phoenix will again record one of the highest rates of in-migration in the country this year and Scottsdale … [More]

Florida-Based Community Bank Enters Phoenix Market with SBA Division

American Momentum Bank has entered the Phoenix market by hiring SBA lending veteran Tim Collins to serve as Vice President, Nationwide SBA Business Development Officer III. The hire comes as the community bank continues the national expansion of its Tampa, Fla.-based SBA Lending Division. Collins will serve clients nationally, focusing on Phoenix and the Western U.S. … [More]

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