Home Flips Increase But Profits Decline across U.S. in 2021

inbusinessPHX.com

ATTOM, a leading curator of real estate data nationwide for land and property data, today released its year-end 2021 U.S. Home Flipping Report, which shows that 323,465 single-family homes and condos in the United States were flipped in 2021. That was up 26 percent from 2020, to the highest point since 2006. The report reveals that the number of home flips in … [More]

Equal Employment Opportunity Commission to Add Nonbinary Gender Option

U.S. Equal Employment Opportunity Commission

The U.S. Equal Employment Opportunity Commission (EEOC) announced today that it will promote greater equity and inclusion for members of the LGBTQI+ community by giving individuals the option to select a nonbinary “X” gender marker during the voluntary self-identification questions that are part of the intake process for filing a charge of discrimination. This announcement … [More]

Study Looks at Attitudes Toward Plastic, Sustainability and Climate Change

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Footprint, a global materials science technology company focused on creating a healthy planet, today released the results of a multi-country research study examining consumer attitudes toward single-use plastics and the expectations they have of brands and retailers to provide more sustainable options. The study, which was conducted by Wunderman Thompson Intelligence on behalf … [More]

Arizona Couple Donates Collaborative Research Building to Mayo Clinic

by Jim McVeigh

Thomas R. and Ruth Ann Hornaday of Paradise Valley, Arizona, have donated the Collaborative Research Building to Mayo Clinic. The 110,000-square-foot biomedical research facility, which opened on Mayo Clinic's Scottsdale campus in 2005, is valued at $64.4 million. The Collaborative Research Building houses laboratory-based research activity at Mayo Clinic in Arizona. Mayo … [More]

PowerPhotonic Inc. Signs Lease with Town of Sahuarita for Its First U.S. Headquarters and Manufacturing Facility

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PowerPhotonic, a leader in design & manufacture of wafer scale optics for advanced lasers and optical systems and headquartered in Dalgety Bay, Scotland, UK, as part of its continued expansion into North America, has announced that its U.S. subsidiary has signed a long-term lease for manufacturing facilities and U.S. headquarters in the Sahuarita Advanced Manufacturing and … [More]

Film Shot at GCU Nears Distribution, Indie Production Chooses Arizona as Key Location

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The Boylan Sisters, in partnership with producers Ben Howard and Erin Mae Miller, recently wrapped production on their latest feature film, IDENTITY CRISIS. Filmed on the campus of Grand Canyon University in Phoenix, this teen comedy for the entire family is a beautiful story about the value of every person. The story was written by Andrea Polnaszek and … [More]

5 MarTech Trends for Your Business for 2022

by Jordan Buning

The words MarTech, SalesTech and AdTech can sound like giving a Lamborghini to a person that lives on a two-track: All the power in the world could become a wonderful machine that never leaves the garage. Before you go crazy ― or drive yourself there ― start with a plan. Think about your organization’s strategy and goals. By thinking in terms of what you want to accomplish, … [More]

Intel, Maricopa Community College District Launch First-of-its-Kind AI Lab

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Intel and Arizona’s Maricopa County Community College District (MCCCD) today announced a new artificial intelligence (AI) incubator lab for students aspiring to land jobs in areas ranging from business to nursing to healthcare — and other professions that increasingly draw on AI technology. The new AI incubator lab in Arizona, and the associate degree program it supports, is … [More]

Scottsdale Luxury Hotel Construction is Underway, Opens Mid 2024

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Construction is currently underway for the highly anticipated Caesars Republic Scottsdale luxury brand hotel. The 11-story, 265-room hotel is on schedule to open in Q1 2024. Prior to its opening, Caesars Republic Scottsdale is now accepting reservations for its indoor/outdoor event spaces that offer a one-of-a-kind experience unlike any other hotel in the Valley of the Sun … [More]

Two Well-Known Farms Merge to Keep Up with Demand for Melon Supply 

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Martori Farms, the premier grower and shipper of melons nationwide, recently announced their acquisition of Santa Rosa Produce. The merging of the two well-known farms will increase the supply for high-demand melons and create more than 500 additional jobs at Martori Farms. Martori Farms, located throughout Ariz. and Calif., currently produces domestically from May until … [More]

New Restaurant and Lounge to Overlook Tempe Town Lake

inbusinessPHX.com

Three Thirty Three  has signed a lease for the last remaining retail vacancy at Watermark Tempe, a premier mixed-use development totaling 1.9 million square feet at the Scottsdale Rd & SWC Loop 202 in Tempe, Arizona. The project was built in 2020, and its 44,000-sf retail component and 265,000-sf Class A office tower are now 100% leased. Three Thirty Three will be … [More]

Ready-to-Eat Bakery Brand Expands Product Lineup with Bundt Cakes

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Café Valley®, leading ready-to-eat bakery brand, is expanding its Bundt cake line with three new 16-ounce Decadent Swirled Bundt Cakes. Beginning in mid-March, the cakes will be available in grocers nationwide. "We are thrilled to announce the addition of these new decadent cakes to our existing lineup and our team has spent a significant amount of time … [More]

Nikola Signs On Commercial Finance Co. to Provide Financing for Zero-Emission Semi-Truck Sales

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Nikola Corporation, a global leader in zero-emissions transportation and energy infrastructure solutions, and ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group ("MHC") and a market leading commercial finance company, today announced a signed agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and Nikola Tre hydrogen fuel-cell … [More]

Bank Introduces New ‘Welcome Home Grant’ Down Payment Program for Homebuyers in Phoenix

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With the start of the Spring homebuying season, BMO Harris Bank announced the launch of its new Welcome Home Grant down payment program in Phoenix, which offers grants to eligible borrowers to assist with down payment and closing costs. When paired with other programs offered by BMO, eligible borrowers can receive up to $24,500 in combined assistance.  With the help of these … [More]

Homes Remain More Affordable Than 2006 Housing Boom Peak

inbusinessPHX.com

First American Financial Corporation (NYSE: FAF), the premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the January 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the … [More]

Chandler Pavilions Shows Retail Resilience during Pandemic

inbusinessPHX.com

Evergreen Devco, Inc., a leading retail, multifamily and industrial development company, announced that its Chandler Pavilions, a 163,594 square-foot high-traffic shopping center in Chandler, Arizona is 100% leased with multiple new tenant openings and one anchor tenant expansion. Sportsman’s Warehouse, Lean Feast and Mountain Mike’s Pizza join a complementary mix of … [More]

DE-CIX Phoenix Is Now Live

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DE-CIX, the world’s leading Internet Exchange (IX) operator and home to the largest carrier and data center neutral interconnection ecosystem on the planet, is pleased to announce its fifth North American market, DE-CIX Phoenix, is now live. DE-CIX North America’s multi-service interconnection platform now offers connectivity from the Northeast, Mid-Atlantic, Midwest, and … [More]

Energy Companies Engage Utilicast to Oversee Strategic Improvement Planning

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The Western Markets Exploratory Group (WMEG) announced the hiring of Utilicast, an energy consulting company, to evaluate regional market structures to improve affordability, reliability, and decarbonization opportunities across the West. The WMEG, which is made up of 14 western utilities, plans to explore the potential for a staged approach to new market services … [More]

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