Sam Fox was raised in the hospitality industry. Much of his childhood was spent in his parent’s Tucson restaurant, treasure hunting for change under the seats at night and, later, waiting tables and helping out in the kitchen. At 20, he dropped out of the University of Arizona and used his tuition money to open his first restaurant. In 1998, he launched his first FRC restaurant … [More]
Phoenix Apartment Construction Leads Nation
According to RENTCafé by Yardi Matrix, apartment construction remains strong this year with more than 330,000 new rental units expected to be delivered nationwide — comparable to the previous four years of construction boom. And, despite challenges brought forth by the pandemic, eight metros are expected to hit five-year highs of new apartments — among them, the Metro Phoenix … [More]
Construction Technology Lowers Concrete’s Carbon Footprint
Sustainability is increasingly a priority for architects, engineers and developers as they urgently seek solutions that reduce embodied carbon in the built environment, which is generated by the manufacturing of building materials and construction. Coreslab Structures, a premier producer of precast/prestressed concrete products, can utilize a carbon dioxide removal … [More]
Developer Enters Phoenix Market with Glendale Industrial Project
Falcon Park 303 Phase I, a speculative industrial product located along the red-hot Loop 303 corridor in Glendale, broke ground last month. This project marks the entry into the Phoenix market of St. Louis, Missouri-based US Capital Development, which has several active projects on the other side of the Mississippi. Falcon Park 303 Phase I sits on 36.75 acres along … [More]
Development Slated on One of Goodyear’s Last Large Industrial Parcels
In a joint venture partnership, LPC Desert West, the Southwest regional office of Lincoln Property Company, and Scottsdale-based Harvard Investments have purchased 585 acres in Metro Phoenix’s West Valley submarket for a major new Class A industrial development called Goodyear AirPark. Situated next to the Phoenix-Goodyear Airport, it is one of the last large … [More]
Chamberlin + Associates Restoring Al Beadle Building for Its HQ
Chamberlin + Associates Real Estate Management has purchased the 21,000-square-foot office building at 500 E. Thomas Road, originally designed by Phoenix modernist master Al Beadle, to serve as its future corporate headquarters as it continues to grow in Arizona and other Southwestern states. Maintaining the original design of Beadle while bringing an open and inviting … [More]
CapRock’s Infill Project Is Phoenix’s Largest Industrial Spec Development
CapRock Partners, a leading industrial investor, developer and asset manager in the Western U.S., has commenced development of CapRock West 202 Logistics, the largest speculative industrial real estate project in the history of the City of Phoenix. CapRock is transforming one of the largest remaining infill land sites in the Southwest Phoenix submarket into a state-of-the-art, … [More]
Lincoln Property Co. Sells Park303 Phase I for Record-Breaking $186 Million
Within one month of completing the project, leading developer LPC Desert West has sold the fully leased, 1.25-million-square-foot Park303 Phase I in Glendale, Arizona, to BentallGreenOak, a leading global real estate investment management advisor and real estate services provider. At $186 million, the transaction represents the highest single-building industrial sale price in … [More]
Building an Ecosystem That Will Survive and Thrive
With a call to action from an increasing volume of buyers for integrated solutions that deliver improved, measurable results, many companies are demanding solution partners that will drive innovation and enhance value for a larger population of consumers. The primary means of delivering on this “new normal” are business ecosystems, which are now a foundational approach to most … [More]
The Key to Normalcy Lies in COVID-19 Testing
More than 4.44 million lives have been lost since the pandemic began in 2020. Following a quiet period when many relaxed their guard, we’re now seeing spikes on graphs we thought — and hoped — had bottomed out. Despite efforts to put the pandemic behind us, our global population is vulnerable once again as SARS-CoV-2 variants spread. Under these circumstances, even after 1.5 … [More]
Boost Video Views for Business
Video is a main driving force for business marketing success and has continued to grow exponentially. It is important that CEOs and marketing managers dive into this well-known platform to maximize the business’s exposure. According to a recent survey by Wyzowl, 93% of marketers who use video say that it is an important part of their marketing strategy, up from 78% in 2015. … [More]
Tech Enables Car Theft Recovery
As the car shortage continues to escalate, nearly two cars are stolen every minute according to the National Insurance Crime Bureau. Phoenix-based RecovR is an industry-leading service that locates and recovers a car for dealers as well as individual owners. Its 2-in-1, lot-management and theft-recovery solution has been developed by global tech and security leader Kudelski … [More]
Sports Betting’s Impact on Arizona’s Bottom Line
On Sept. 9, sports betting was legalized in Arizona. During an event to celebrate the legalization in partnership with the Arizona Diamondbacks and Caesars Entertainment — who have launched the Caesars Sportsbook app statewide and are in the midst of building a two-story, 20,000-square-foot sportsbook and sports bar adjacent to Chase Field set to open in early 2022 — Governor … [More]
Outsource Document Shredding to Avoid Legal Issues
Outsourcing a company’s document shredding ensures its documents will be destroyed safely and securely. It also ensures compliance with state and federal regulations. For many businesses, these regulations include the Health Insurance Portability and Accountability Act (familiarly known as HIPAA), the Fair and Accurate Credit Transaction Act, the Sarbanes-Oxley Act and the … [More]
Demand Sparks Need for New Construction Management Division
Phoenix-based property management leader Arcadia Management Group, which provides facility management and tenant/capital improvement project management for more than 50 million square feet across the United States, has launched a new Construction Management Division. Industry veteran Mark Zimmerman has been hired to lead the launch and the division during this time of surging … [More]
Looking Good 2021 – October Standouts
Achievements HR Leader Bailey Honored for Making a Difference RETSY Selected to Join Coveted Luxury Real Estate Network Philanthropy Angry Crab Shack Partners with Arizona Housing Coalition … [More]
HR Leader Bailey Honored for Making a Difference
Eric M. Bailey, president of Bailey Strategic Innovation Group, was the 2021 recipient of the Ann Byrnes, SPHR Memorial Award for Professional Excellence at the Arizona Society for Human Resource Management State Conference Awards Luncheon in August. Each year, the Ann Byrnes award recognizes one HR professional who has taken the initiative to grow and support the profession, … [More]
RETSY Selected to Join Coveted Luxury Real Estate Network
Forbes Global Properties, a curated consumer marketplace of luxury homes and an invitation-only membership network of top real estate firms, has selected Scottsdale-based brokerage RETSY to join its exclusive network exposing millions of viewers worldwide to Arizona›s luxury properties. RETSY is a technology-based real estate brokerage comprised of agents boasting more than 300 … [More]
