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
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
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]
AZ Wealth Management Group Launches In-House Insurance Firm
Wilde Wealth Management Group, an award-winning financial services firm that provides comprehensive retirement, investment, real estate, insurance, legal and tax planning services all under one roof through in-house partners and local affiliated firms, has announced the launch of Wilde Wealth Insurance. The new in-house firm, which will be located conveniently at Wilde’s newly … [More]
Gainey Business Bank Announces Grand Opening
Gainey Business Bank, Inc. announced its Grand Opening on July 11, 2022. A celebration of the opening is being held at the Bank’s location, 8501 N. Scottsdale Road, Suite 110, Scottsdale AZ 85253. With this Grand Opening, Gainey Business Bank is pleased to announce that it is the newest Community Bank to open in the Valley; only the second new community bank opened in the past … [More]
Chandler Entrepreneurs Open Sky Zone, Largest Indoor Entertainment Brand
Sky Zone, creator of the world's first indoor trampoline park and leader in the indoor active entertainment industry, has added entrepreneur Cheryl Farago and multi-unit Kiddie Academy Educational Child Care franchisee Katie Moore to its growing roster of prominent franchisees. Set to open in the first quarter of 2023, the new park will bring Sky Zone's joy-inducing experience … [More]
New Coworking Community Opens in Mesa
CO+HOOTS, a fast-growing coworking community, has opened in downtown Mesa. The occasion was marked by a ribbon-cutting ceremony held this morning at CO+HOOTS’ new workspace at Benedictine University, 225. E. Main St. “CO+HOOTS has emerged as the premier coworking space in the Phoenix-Mesa metro area, and they continue to grow their work in support of small businesses, … [More]
National Firm Acquires Mesa Prosthetics Manufacturer
WillowWood Global LLC, a leading designer, manufacturer, and distributor of prosthetic products, today announced that it has acquired MAKstride Prosthetics. The highly complementary transaction represents WillowWood's first strategic acquisition since partnering with growth-oriented private equity firm Blue Sea Capital LLC in December 2021. Based in Mesa, Arizona, MAKstride … [More]
San Antonio Developer Expands Footprint in Phoenix Area
Embrey, a San Antonio, TX-based vertically integrated real estate investment company, has closed on land in Goodyear, Arizona, the future home to the Senna at Canyon Trails multifamily community. With this development, Embrey is further broadening its footprint in the Phoenix metropolitan area, one of the fastest-growing markets in the country. Senna at Canyon … [More]
Commercial Bank Expands in Arizona, Adds to Local Team
Vantage West is expanding its reach in Arizona with the addition of three commercial banking team members. This move will allow businesses and real estate developers to leverage more resources including financial advice, guidance, and other credit union advantages to help fuel their business growth. Mark Papoccia, Chief Business & Consumer Banking, said, “We are delighted … [More]
Brooklyn Bedding and Helix Sleep Acquire Bear Mattress
Brooklyn Bedding, manufacturer, retailer, and pioneer of the bed-in-a-box mattress, and Helix Sleep, the leading direct-to-consumer custom sleep brand in the country, (collectively, "Brooklyn-Helix") have announced the acquisition of Bear Mattress. Founded in 2015, Bear Mattress has become the premier sleep company for active lifestyles. The brand's mattresses are engineered … [More]
U.S. Engineering Firm Makes Strategic Acquisition of Arizona-Based Firm
Universal Engineering Sciences®, a national leading engineering and consulting company specializing in geotechnical engineering, construction materials testing, building code compliance, threshold inspections and environmental consulting, has acquired Speedie and Associates, an Arizona-based company offering geotechnical, environmental, construction materials testing, and … [More]
On National Fried Chicken Day, How Do Top Chicken Chains Stack Up?
National Fried Chicken Day is this July 7th, and it's the perfect time to reveal America's chicken preferences and how they have transformed the fast food industry in 2022. According to TOP Data's Fried Chicken Index - a study that analyzed aggregated visit data from 12M Americans to fried chicken chains in 2022— there has been a noticeable shift in fried chicken consumption … [More]
Golf Cart Puzzle Relays for Corporate Team Building
Part scavenger hunt, part mobile escape room, Puzzle Rides helps businesses assess their teams’ strengths and weaknesses through team puzzle solving experiences with exciting side adventures via golf carts. Held in locally-owned bars or restaurants, the two hour events mix teams several times while solving puzzles. Uniquely, the experience incorporates historical facts about … [More]
KORE Power Announces Hirings for Senior Team at Buckeye Gigafactory
KORE Power, a leading U.S.-based developer and manufacturer of battery cell technology, has announced the hiring of several members of the team that will run the day-to-day operations at its KOREPlex lithium-ion battery cell production gigafactory. The KOREPlex is expected to begin construction later this year and will employ 3,000 people when it reaches full production. “We … [More]
Arizona Sees Over Half a Billion Wagered in April
April was another strong month of event wagering for Arizona with over half a billion dollars in total money wagered, according to a new report by the Arizona Department of Gaming. “Event wagering levels continue to look strong in Arizona, with over half a billion dollars wagered during April,” said Ted Vogt, Director, ADG. “I am excited to see how the state closes out its … [More]
Tempe-based Sportiqe Announces Roam Grant Program
Comfortwear manufacturer Sportiqe has announced the formation of the Roam Grant Program, designed to help individuals roam far beyond their normal boundaries and to explore places both charted and uncharted. Prospective grant recipients are asked to submit an application outlining their dream adventure, and Sportiqe will make one lucky person's dream a reality with a $2,500 … [More]
City of Phoenix Adds Paid Parental Leave to Employee Benefits
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]
