Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 68,000 square-foot medical office building in the Phoenix, Arizona, suburb of Avondale. The three-story Akos Medical Office Building, which is fully leased, includes a multi-specialty ambulatory surgery center (ASC), a state-of-the-art imaging suite, … [More]
Local Lab on a Mission to Help Underserved Communities, Businesses
According to the New York Times Coronavirus Tracker, while hospitalizations are down, COVID-19 cases and positivity rates are very high in Maricopa County. Coupled with the recent discovery of the Omicron variant, the need for testing and vaccination is more prevalent than ever. Local lab Premier Lab Solutions is on a mission to help the underserved and uninsured when it comes … [More]
Survey Reveals 83% of Real Estate Industry Seeking Out Homebuilding Technology Solutions
Mosaic Building Group, a construction technology platform for the residential development industry, today announced the results of its quarterly Homebuilding Tech Survey, which measures homebuilding technology usage and sentiment from real estate industry professionals in the southwestern U.S. states of Arizona, California, Colorado, New Mexico, Texas, and Utah. The 600 … [More]
Dramatic Shift in VC Funding Toward Rising Startup Cities Like Phoenix, Reveals Report
Revolution’s Rise of the Rest Seed Fund, a seed stage venture capital fund that invests exclusively in startups based outside of the Bay Area, New York City, and Boston, today released its “Beyond Silicon Valley” report, in collaboration with PitchBook. The report explores how and why funding for startups has steadily shifted towards rising cities over the past decade. First, … [More]
Phoenix Bioscience Startup That Delivers Lifesaving Medicines for Difficult-to-Treat Cancers Gets $50M
OncoMyx Therapeutics, a privately-held immuno-oncology platform company, today announced the closing of a $50 million Series B financing, co-led by Lumira Ventures and B Capital Group with participation from LYZZ Capital and all Series A investors: Boehringer Ingelheim Venture Fund, Delos Capital, Xeraya Capital, Korea Investment Partners, City Hill Ventures, and Madison … [More]
Nevada-Based Investor Acquires West 101 Corporate Center, 93% Leased
Cushman & Wakefield has brokered the sale of West 101 Corporate Center, an 81,040-square-foot, multi-tenant Class A office property in Phoenix, Arizona. Located at 1860 N 95th Lane in the West Valley trade area, the building was acquired by Overstreet Project LLC, a Nevada-based investor, for $17.5 million. The asset was approximately 93% leased at the time of sale. The … [More]
Sports Illustrated Awards Get Scottsdale Sponsor for Key Award Categories Tonight
The Alkaline Water Company Inc., the country’s largest independent alkaline water company and the “Clean Beverage” company, is pleased to be a sponsor for The Sports Illustrated Awards Presented by Pepsi Stronger Together, tonight at 8 p.m. Eastern Time. Alkaline88 is the exclusive bottled water for the event and is sponsoring two key awards—the Smooth Play of the Year … [More]
FirstBank’s Arizona Market Grows 14.3% with Focus on ‘Banking for Good’
FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced milestone third-quarter results with double-digit growth in assets, deposits, and income over totals from the same period last year. Across FirstBank’s Arizona branches, assets grew by 14.3 percent from $975.9 million to $1.1 billion compared to the same period last year. … [More]
University of Phoenix Launches Digital Marketing Professional Development Courses
University of Phoenix supports accelerated learning in a rapidly growing field with the launch of Digital Marketing professional development courses. Professional development courses at the University are designed to help busy adults develop career-ready job skills in growing fields within a short time. According to Emsi Burning Glass, a leader in labor market … [More]
Call for Nominations for 2022 SBA National Small Business Week Awards
Nominations are now being accepted for the 2022 National Small Business Week (NSBW) Awards. The NSBW Awards recognize the achievements of SBA-assisted small businesses and the contributions they have made to their communities and our nation’s economy. All nominations should be submitted electronically by 3 p.m. EST on January 11, 2022. The awards will be presented during the … [More]
Clean Air Campaign Awards Wine & Spirits Co. on Electric Vehicle Delivery Program
Southern Glazer’s Wine & Spirits of Arizona recently received a Sustainable Options/Corporate Sustainability award from Valley Metro, the public transportation agency which provides transit services throughout the Phoenix, Arizona, metropolitan area. This award is part of the agency’s annual Clean Air Campaign recognition program. The award recognizes efforts by Southern … [More]
Leonardo Electronics US Inc. Expands Semiconductor Laser Manufacturing Facility
Leonardo Electronics US Inc.(LEI), a provider of next-gen technologies for defense, security, medical, and industrial applications and a US subsidiary of Leonardo, announced today plans to expand its regional presence in Oro Valley, Arizona, north of Tucson. Leonardo Electronics US Inc. has purchased 12 acres in Innovation Park and is planning the construction of a new … [More]
Stryker Leases New Manufacturing Facility in Chandler
Stryker, one of the world’s leading medical technology companies, has leased a new 104,000 sq. ft. manufacturing building in Chandler. The new facility is a significant expansion of its existing Sustainability Solutions operations within the region. Production at the company’s new Chandler site is projected to start in mid-2022. Stryker’s multi-million-dollar investment at … [More]
Polestar Scottsdale Provides Glimpse of Polestar 3 and Shares Growth Plans
Polestar, the pure play, premium electric car company, has released a second teaser image of the forthcoming Polestar 3 electric performance SUV, which is set to launch in 2022. Polestar 3 is the company’s first SUV and will be its first vehicle to be built in the US, with production set to take place in Charleston, South Carolina. This news follows the September … [More]
Lucid Selects Bank of America as Preferred Lender, Amid Stock Plunge
Lucid Group, which is setting new standards with its advanced luxury electric vehicles (EVs), announced it has selected Bank of America as its preferred lending partner. Lucid customers can apply for financing online at Bank of America or work with concierge agents for a seamless financing experience. Lucid began deliveries of the Lucid Air in October and has more than 17,000 … [More]
Fast-Growing Paving Co. Expands in Phoenix
The Western region's fastest-growing paving company, National Pavement Partners (NPP), is celebrating another milestone in the company’s history. As well as being a trusted partner, clients in the Southwest can count on NPP to provide the solutions they need for their asphalt management. With an average growth rate of over 160% annually since 2015, NPP leveraged technology to … [More]
Knight-Swift Expands Footprint in 15 States through the Acquisition of Midwest Motor Express
Knight-Swift Transportation Holdings Inc., through one of its wholly owned subsidiaries, acquired 100% of RAC MME Holdings, LLC, and its subsidiaries, which operate under the brand names of Midwest Motor Express, Inc. and Midnite Express Inc. (together, "MME"). Prior to the acquisition, MME’s equity interests were held by an ownership group, including Red Arts Capital, … [More]
United Aviate Academy at Phoenix Goodyear Airport to Create Hundreds of Jobs
The Arizona Commerce Authority (ACA) announced today that United Aviate Academy (UAA), a wholly owned subsidiary of United Airlines, will lease a state-of-the-art training facility at Phoenix Goodyear Airport. United Aviate Academy will welcome its inaugural class of aspiring pilots to the facility on Dec. 6. Representing an investment of more than $10 million and the creation … [More]
