Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced the sale of , a 324-unit multifamily property in Tempe, Arizona. The asset traded for $100.25 million, or $309,414 per unit. IPA Capital Markets arranged $65.16 millionParc Broadway in acquisition financing. “Parc Broadway is the first mid-rise multifamily asset to be … [More]
Reminder: Holiday Season a Great Time to Get Your Arizona Travel ID
Enhanced identification required at TSA airport checkpoints in 2025
Many things slow down a bit during the holidays, including business at Arizona Department of Transportation Motor Vehicle Division offices. That makes this an ideal time to make an appointment to get your Arizona Travel ID. The federal deadline is May 7, 2025, for those who wish to use their state-issued credential for air travel. Without the Arizona … [More]
Distribution Center Is First 3PL Warehousein Arizona to Receive a Foreign Trade Zone Designation
SKU Distribution, a 3PL warehouse and fulfillment center, is the first such warehouse in Arizona to receive a Foreign Trade Zone (FTZ) designation. This designation underscores SKU Distribution's commitment to excellence and innovation in providing top-tier logistics solutions for its clients. Foreign-Trade Zones (FTZs) provide special customs procedures that … [More]
Upscale Retail Additions Coming to Tempe Marketplace
Vestar, one of the leading privately held shopping center owners and managers in the western United States, is pleased to announce 11 new tenants will join the dynamic roster of retailers at Tempe Marketplace, further elevating the shopping experience for residents and visitors alike. Totaling more than 54,000-square-feet of retail and restaurant space, the addition of these … [More]
New Study on Driverless Cars Explores the Future of Insuring Autonomous Vehicles
A new article published by MarketWatch Guides explores the future of insuring autonomous vehicles (AVs). This is the third piece in their "Future of Car Insurance" series. The article, titled “How Will Self-Driving Cars Be Insured in the Future?” overviews the challenges auto insurers may face as autonomous driving is further adopted. Innovation in AV technology currently … [More]
NICU Expansion Complete at Abrazo Arrowhead Campus
Abrazo Arrowhead Campus held a ribbon cutting today for its new Neonatal Intensive Care Unit, a $14 million expansion of the hospital’s services for preterm babies and high risk pregnancies. Expansion helps the hospital care for West Valley patients with complex maternal and neonatal medical conditions, obstetric and fetal complications, explained Julie Bowman, RN, Chief … [More]
NASCAR Foundation Selects GiGi’s Playhouse as Finalist for Humanitarian Award
GiGi’s Playhouse is thrilled to announce that Jennifer Gage, founder of GiGi’s Playhouse Phoenix, has been selected as a finalist to receive the NASCAR Foundation’s 13th annual Betty Jane France Humanitarian Award. The award recognizes an outstanding champion committed to improving the lives of children in their community. The finalists were announced on Oct. 26 on FOX Sports … [More]
Full-Time Bank On Arizona Fellow Will Lead Coalition in Arizona to Bank the Unbanked
Millions of Americans across the country are outside of the stabilizing financial mainstream, without a safe banking account to manage their money and build towards a stronger financial future. Across the country, Bank On coalitions work to connect residents to safe, affordable accounts, and Dress for Success Phoenix just received a new grant to supercharge these efforts. Dress … [More]
Canadian Healthcare Furniture Co.Grows U.S. Presence Through Acquisition of Arizona-based Plural Studios
Stance Healthcare, a leading furniture manufacturer for healing environments, today announces it has agreed to acquire Plural Studios, a maker of adaptive furniture for healing, business, learning, and hospitality. The two companies will begin working together immediately, with the transaction expected to close on or about January 1, 2024. “The more I got to know Plural … [More]
Valley Coffee Co. Set to Open Four New Locations in Sprouts
PRESS Coffee and Sprouts Farmers Market announced today the two Phoenix-based businesses will continue their partnership with a plan to open four new PRESS Coffee locations inside of Sprouts stores. The two partnered on a pilot location a year ago in October 2022, opening the first PRESS Coffee inside of … [More]
Phoenician Meeting Space Gets Multi-Million-Dollar Renovation
The Phoenician, Arizona’s premier AAA Five Diamond conference destination, has announced the Phase One completion of its meeting and event space renovation. Under the direction of Boston-based Parker-Torres Design, the extensive re-fresh brings a blend of contemporary and indigenous aesthetics to the Camelback Ballroom and foyer, The Phoenician Grand Ballroom south and east … [More]
HonorHealth Breaks Ground on Medical Campus at Peoria
HonorHealth, a leading Valley healthcare system serving more than five million people in the greater Phoenix area, broke ground today on their latest healthcare facility, HonorHealth Medical Campus at Peoria. The new medical campus will be a one-stop-shop for a variety of services including cancer care, primary care, physical therapy, gastroenterology, breast surgery, … [More]
Three Phoenix Businesswomen Announced as 2023 Athena Award Recipients
The Greater Phoenix Chamber announced the 2023 ATHENA private sector, public sector, and young professional award recipients at its 36th Annual ATHENA Awards. Melody Lewis, Owner & Founder, Indigenous Community Collaborative, was awarded the 2023 ATHENA Award in the private sector. Jeri Royce, President & CEO, Advance Community, earned the 2023 ATHENA Award in the … [More]
Celebrity-Backed Chicken Franchise Brings the Heat to Phoenix, Again
Dave’s Hot Chicken, a Nashville-style hot chicken restaurant from Southern California, is set to open its second location in Phoenix this week, and has plans to open several more in the coming months. Dave’s Hot Chicken has gone from a scrappy, late-night pop-up to being the fastest growing restaurant chain in the nation. Come this Friday, November 17, Phoenix residents will … [More]
Small Business Employees Report 50% Higher Levels of Satisfaction at Work
A new report released by the BambooHR Employee Happiness Index shows employee satisfaction at work continues to erode in the third quarter of 2023 except among employees working at America’s smallest companies who are the happiest in the nation. As reported yesterday by Axios, the study finds scores around, “happiness at work remain relatively high among small business … [More]
ACA Announces Finalists for the 2023 Arizona Innovation Challenge
The Arizona Commerce Authority (ACA) announced 15 finalists have been selected for the 2023 Arizona Innovation Challenge (AIC). The finalists will advance to the final round of the competition, after which judges will select up to 10 companies as AIC awardees for 2023. The AIC is designed to advance innovation and technology commercialization opportunities in Arizona by … [More]
Phoenix Becomes an A-Lister in Environmental Action
Phoenix has been recognized by Carbon Disclosure Project (CDP) as one of 119 cities across the globe that is taking bold leadership on environmental action and transparency. Thanks to the environmental efforts implemented by Phoenix Mayor Kate Gallego and the City, Phoenix received an A … [More]
Hawaii Coffee Brand Franchise Expands Footprint in Greater Phoenix Market and Beyond
Bad Ass Coffee of Hawaii, a leading coffee franchise renowned for its premium sourcing of Hawaiian coffees and memorable cafés, announces two multi-unit signed development agreements in the greater Phoenix, Arizona market. A five-store deal will bring locations to the Chandler and Gilbert areas over the next five years. Alongside this development, is a three-unit agreement that … [More]
