Beginning October 1, the City of Phoenix will provide eligible employees up to 480 hours (12 weeks) of paid leave for the birth, adoption or foster care placement of a child during a 12-month period. The new parental leave benefit was unanimously approved by City Council, and solidifies Phoenix as a top employer in the region. 480 hours is among the most generous parental leave … [More]
Phoenix Among Major U.S. Cities to Experience Unusually High Event Volume in July
The July 2022 Event Index reveals 10 cities spanning the USA that are set to experience very high volumes of large events in July. With more than 9,700 events with 3,000+ attendees taking place in July, businesses can tap into the people movement and billions of dollars in demand these drive. This is especially true for the ten cities detailed extensively in the report due to … [More]
Barrett-Jackson Celebrates Fourth of July Weekend With More Than $49.1 Million in Sales, Including World Record $1.65 Million 1970 HEMI Superbird
Barrett-Jackson, The World’s Greatest Collector Car Auctions, delivered the ultimate automotive lifestyle experience during this year’s Las Vegas Auction, June 30-July 2, in the West Hall of the Las Vegas Convention Center. Fittingly, American muscle cars led the way over the Fourth of July holiday weekend, including a 1970 Plymouth HEMI Superbird that sold for a world auction … [More]
Alerus Completes Acquisition of Metro Phoenix Bank
Alerus Financial Corporation announced it has completed the previously announced acquisition of MPB BHC, Inc., the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank headquartered in Phoenix, with approximately $453 million in total assets, $280 million in total loans, and $402 million in total deposits as … [More]
Real Estate Crowdfunding Co. Finds Success with Midtown Complex Investment
In less than a day Arizona-based real estate crowdfunding company Neighborhood Ventures reached 77% of its target fund amount for Venture on 12th Place, a 30-unit contemporary apartment complex in Midtown Phoenix. Since its launch, 130 Arizona locals have invested a total of $1,161,000 into the property, The target hold period for this project is three years, with a targeted … [More]
Employee Benefits Co. Changes Name, Streamlines Operations and Gains Brand Visibility
Cambridge Benefit Solutions is changing its name to Benefit Commerce Group (BCG), an Alera Group Company. This change is effective July 1st. Cambridge has been a division of Benefit Commerce Group since joining Alera Group in April of 2020. “The purpose of this change is to streamline operations and to reflect the greater brand visibility of BCG for all our employee benefits … [More]
Against Backdrop of SCOTUS Ruling on EPA, Americans Are Unified around Protecting Water Resources during Climate Change
The Supreme Court of the United States on Thursday ruled that the Environmental Protection Agency had limited authority to regulate and enforce the Clean Air Act. The ruling could also mean that the federal government's ability to enforce the Clean Water Act is now similarly limited, even as polling shows this is the opposite of what the majority of voters … [More]
97% of Hotels Report Staffing Shortages, Multi-Channel Ad Campaign May Help
Nearly all hotels are experiencing staffing shortages, and half report being severely understaffed, according to a new member survey conducted by the American Hotel & Lodging Association (AHLA). Ninety-seven percent (97%) of survey respondents indicated they are experiencing a staffing shortage, 49% severely so. The most critical staffing need is housekeeping, with 58% … [More]
29 Local Women Graduate from Woman-Centric Leadership Program
Arizona Foundation for Women (AFW), a not-for-profit agency that advocates for women’s causes in Arizona, graduated 29 local women from their second annual woman-centric leadership program, SHE Leads!™. Throughout the past six months, SHE Leads!™ participants raised over $72,000 for non-profits focused on helping Arizona women. The cohort is proud to fund the following … [More]
Arizona-Based Cannabis Co. Launches Summer Products to Meet Market Demands
OGeez! Brands, a leading Arizona-based cannabis infusion company, just released a limited-edition piña colada gummy, its first-ever seasonal flavor. The gummy, which comes in both indica and sativa, hit Arizona dispensaries on June 21, the first day of summer. "Who doesn't love a piña colada?" said OGeez! CEO Bran Noonan. "They just conjure up summertime … [More]
Free, Outdoor Festival Week for Super Bowl LVII Announced
The Arizona Super Bowl Host Committee announced plans to develop a free, multi-day, outdoor festival that will take place the week leading up to Super Bowl LVII at Margaret T. Hance Park in downtown Phoenix. Fans of all ages will enjoy an immersive experience in the heart of the Valley with live music and entertainment, local … [More]
Popular Quick-Service Restaurant Opens First West Valley Location
On Thursday, July 7, popular Arizona-based restaurant brand eegee’s will open the doors to its first West Valley location at 35th Avenue and Peoria Avenue. Those in the area will now be able to conveniently enjoy eegee’s namesake frozen drink—an ice-cold concoction packed with chunks of real fruit—award-winning French fries, signature subs, grinders and more. The … [More]
Leading Sports Brand Commits to One Million Square Feet in Glendale
Cresset Partners announced that it had agreed to a 15-year lease with PUMA, one of the world’s leading sports brands. PUMA will lease a one million square foot building at 303 Crossroads, a logistics development located outside Phoenix, Arizona and developed in partnership with Clarius Partners. 303 Crossroads is the second state-of-the-art warehouse project to be completed … [More]
Investors Collaborate on Servicing Cannabis Real Estate Needs
Zoned Properties®, Inc., a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, announced the Company has invested in Anami Technologies, Inc. (“AnamiTech”), which recently launched its flagship property technology (“PropTech”) platform, GreenSpace. AnamiTech is the brainchild of Mike Wilson, a veteran entrepreneur and … [More]
Contour JV Lands $68M for Large Phoenix-Area Development
Contour and co-developer Miramar Industrial Partners, the industrial arm of Miramar Capital, along with capital partner DWS Group, have obtained financing for Southern Industrial Center, a 1.2 million-square-foot development in Buckeye, Ariz. Bank OZK provided the $67.7 million construction loan, Maricopa County records show. The partnership acquired the 77-acre … [More]
Phoenix a Top Industrial Market to Watch, Says New Report
Phoenix has been named a Top Industrial Market to Watch by Cushman & Wakefield. While major industrial and logistics markets capture most of the headlines, industrial occupiers and investors know that dozens of secondary markets are essential to supply chains in the U.S. Of the 81 industrial markets Cushman & Wakefield tracks, the firm selected five emerging industrial … [More]
Walton Global Sells Land in Industrial Foreign-Trade Zone in Eloy
Walton Global, a real estate investment and land asset management company with US$3.6 billion under management, has sold 92 acres of land in the city of Eloy, Arizona. The property is an industrial zoned project within a partially developed master plan called Sunshine Industrial. “The City of Eloy has experienced rapid growth over the last few years as businesses flock to … [More]
Arizona Cardinals Select New Payment Processing Co., Transforming Fan Experience
The Arizona Cardinals Football Club announced Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, as a proud payment processing partner. Shift4 will process payments for all Cardinals ticketing transactions at State Farm Stadium, including Super Bowl LVII in February 2023, through an integration with SeatGeek. As a leader in integrated … [More]
