Siemens Acquires Scottsdale-Based ZONA Technology

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With the global drive toward climate-neutral aviation gaining pace and the rebirth of interest in supersonic travel, innovations in aircraft configurations require careful and diligent use of aerodynamic and structural design optimization. Siemens Digital Industries Software  announces that it entered into an agreement to acquire ZONA Technology, Inc., a renowned specialist in … [More]

Phoenix Office Pipeline Picks Up the Pace

by Adriana Marinescu

Nearly 1.8 million square feet of office space was underway in Phoenix as of May, representing 1.3 percent of stock, according to CommercialEdge data. The office pipeline exceeded the one recorded a year ago, when total space reached a little over 1.5 million square feet. The national office pipeline, amounting to more than 151 million square feet as of May, represented 2.2 … [More]

MicroAge Expands its Cybersecurity and Infrastructure Expertise with the Acquisition of cStor

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MicroAge, The Digital Transformation Experts®, announced the acquisition of cStor, a leading provider of cybersecurity, modern infrastructure, and digital transformation solutions. The acquisition will expand MicroAge's robust digital transformation service offerings to provide enhanced solutions and services for its clients, including a mature cybersecurity practice as well as … [More]

Single-Family Build-to-Rent Properties Expanding in a Number of Markets

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Northmarq, a capital markets leader, released its Single-Family Build-to-Rent Properties report. The special report highlights how the market continues to gain momentum, with the pace of deliveries and construction starts accelerating, and operating performance at existing properties strengthening. More capital is flowing into single-family build-to-rent properties. During … [More]

Intel Arizona’s Water Funded Projects Achieve Net Positive Water Use

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Intel announced this week that their operations in the United States, Costa Rica, and India are officially net positive on water use, meaning Intel restores more freshwater than they take in. In Arizona, fifteen Intel-funded projects helped restore 890 million gallons to the watershed in 2021. In Arizona, an Intel-funded project incentivized farmers near the Verde River to … [More]

Tempe Credit Union Introduces Free Credit Monitoring and Education Tool

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TruWest Credit Union has launched a new tool through its partnership with SavvyMoney, a comprehensive credit score program which allows customers to monitor, improve and be in control of their credit. The platform provides an in-depth analysis and report of credit scores with free ongoing access, an understanding of key factors that impact credit, and recommendations on how to … [More]

Tempe Distributor Introduces Quality and Regulatory Consultancy Service

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BioCare Inc., a leading specialty distributor of life-saving therapies, today announced the launch of QRCare, a quality and regulatory consultancy service that provides BioCare's partners with the support needed to develop and maintain strategic quality and regulatory efforts. Leveraging the expertise of a highly skilled team, QRCare offers assistance to customers throughout … [More]

Foreclosures Up Nationally, Lake Havasu Bucks Trend

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ATTOM, a leading curator of real estate data nationwide for land and property data, has released its Midyear 2022 U.S. Foreclosure Market Report, which shows there were a total of 164,581 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2022. That figure is up 153 percent from the same time period … [More]

Phoenix Pool Care Company Expands National Retail Footprint

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Leslie's, Inc., the nation's most trusted brand in the pool and spa care industry, today announced that it opened 11 new stores in Summer 2022, expanding its retail presence across the U.S., including new store locations in markets where Leslie's has not previously operated: Kalamazoo, MI; Camillus, NY; Brookfield, WI; and Greendale, WI. These new stores bring Leslie's total … [More]

New Mobile Shopping Experiences at Arizona Stores

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Swiftly®, the leading technology solutions provider for retailers, is teaming up with 99 Cents Only Stores LLC for its 382 stores across California, Texas, Arizona, and Nevada. The collaboration will provide customers with enhanced mobile shopping experiences and generate new advertising revenue for the extreme-value retailer. Swiftly technology is powering the 99's new, … [More]

Insight Cuts Ribbon on New Global Headquarters in Chandler

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Insight Enterprises, a Fortune 500 solutions integrator helping organizations accelerate their digital journey, welcomed local innovation leaders to the grand opening of Insight Way, Insight’s new global headquarters based in Chandler, Arizona, designed as a modern workplace for the hybrid, anywhere worker. The more than 200,000-square-foot innovation hub, located at 2701 E. … [More]

Desert Ridge Positioned for Additional Development

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ScanlanKemperBard (SKB), announced that it has successfully recapitalized its High Street project at 5415 East High Street, Phoenix, Arizona. Since its original construction in 2008, visitors and locals alike have flocked to the mixed-use project, which is located on a 24.9-acre parcel of land near the Loop 101 in North Phoenix. The entertainment complex features an urban, … [More]

20,000-Seat Cricket Stadium Coming to Buckeye

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The Mangat Group, a Glendale-based land development group, announced today plans to build a world-class cricket stadium to serve the international cricket community in Buckeye, Ariz. The 20,000-seat stadium, known as MG Cricket Stadium, will sit on 30 acres located north of the I-10 freeway on Miller Road.  “Although cricket has been played for many years in other countries, … [More]

New Independent Living Communities Set to Open in Scottsdale

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Award-wining interior design firm, Private Label International, was selected by Revel Communities, a division of The Wolff Company, to design the company’s two new independent living communities in Scottsdale, AZ. Revel Scottsdale and Revel Legacy are scheduled to open this summer. Revel Scottsdale, located on Indian Bend Rd. and Hayden Rd. in Scottsdale, offers a … [More]

New Fitness Franchise Plans for 35 Arizona Locations over Three Years

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Ohm Fitness, the nation’s first fitness franchise to use EMS (electro muscle stimulation) technology wirelessly and in a small group setting, announced today that two seasoned entrepreneurs and marketing executives have purchased the area developer rights to Arizona and are actively selling franchise licenses to open up to 35 locations across the state over the next three … [More]

Construction Loan Finalized for Phoenix Central Station Development

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CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $204 million construction loan to Medistar Corporation, GMH Communities, and a fund sponsored by CBRE Investment Management to finance the development of Central Station, a one million-square-foot mixed-use transportation hub … [More]

Local Charter Schools Approve Large Pay Raise for Arizona Teachers

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Legacy Traditional Schools believes outstanding, supported teachers are at the heart of students’ success. Legacy says that's why they have announced the approval of across-the-board teacher pay increases for the 2022-23 school year. Average pay for over 700 teachers across the Legacy network of 21 Arizona schools, as well as Legacy Online Academy, will increase by an average … [More]

Premier Southern Brunch Restaurant Announces Expansion

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SugarJam The Southern Kitchen, a Southern brunch restaurant and bakery located in North Scottsdale, is excited to announce that it will be expanding its restaurant with a new gift shop full of curated finds from local and national vendors. In addition, to the gift shop SugarJam is launching their ice cream trailer serving Southern flavors. The Market by SugarJam and the … [More]

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