Workspace Opens as Opportunity Zone Growth Continues in Downtown Mesa

inbusinessPHX.com

Caliber, a fully integrated alternative asset manager and Opportunity Zone investor, and flexible workspace leader Expansive® today announced the opening of Expansive Mesa at Newberry Station at 114 West Main in Mesa, AZ. Opened in partnership, this 20,000 square foot workspace is poised to play a key role at the heart of Mesa's burgeoning Innovation District. Featuring private … [More]

U.S. Mortgage Delinquencies Remain Near Historic Low in September

inbusinessPHX.com

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for September 2022. For the month of September, 2.8% of all mortgages in the U.S. (approximately 1.4 million loans) were in some stage of delinquency (30 days or more past due, including those in foreclosure), … [More]

Semiconductor Chemical Manufacturing Facility Announced for Casa Grande

inbusinessPHX.com

The KPCT Advanced Chemicals, a joint venture between Kanto Group, a leading semiconductor chemical supplier based in Taiwan and Chemtrade Logistics Inc., the leading North American producer of electronic grade sulfuric acid, announced today plans to build an electronic grade sulphuric acid manufacturing plant in Casa Grande, Arizona. The site will occupy 10 acres and is … [More]

Joint Venture Partnership Buys 382-Unit Garden Apartment Building in Phoenix

inbusinessPHX.com

FCP and joint venture partner Avanti Residential announce the $65 million acquisition of Omnia on Thomas, a 382-unit garden apartment community at 1645 E. Thomas Road in Phoenix, AZ. Omnia on Thomas represents FCP's third multifamily investment in Phoenix and the second time partnering with Avanti after an initial joint venture in Colorado earlier this year. "FCP is excited … [More]

New Sky Harbor Airline Offering Lowest Fares Ever on Cyber Monday

inbusinessPHX.com

Breeze Airways, the Seriously Nice™ low-fare airline founded by aviation entrepreneur David Neeleman, will be offering its lowest fares ever, just $25* one way, on Cyber Monday -- for one day only. The $25 fares are available only when booking a new reservation and Guests must purchase flights by 11:59pm ET on Cyber Monday, for travel from January 4 through February … [More]

Changing Perceptions of Cannabis Boost Community Impact of Dispensaries

by Eivan Shahara

Cannabis use in Arizona has come a long way. From the early days when the state legalized medical marijuana use and possession in 2010, to recreational use in 2020, and now looking ahead at upcoming milestones, there has been a drastic change in the way cannabis is perceived. About a decade ago, having a dispensary in the neighborhood was a harrowing thought for some … [More]

The No. 1 Thing Businesses Get Wrong during a Recession

by Jason S. Bradshaw

It seems like the question on most business owners’ minds at the moment is, “Are we headed for a recession?” Regardless of the answer to that question, one true thing is that even in times of recession, there are businesses that continue to grow and ones that barely survive. Unfortunately, during tough times one of the first thing that many businesses start to cut is their … [More]

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