Three-Building Industrial Portfolio in Phoenix Acquired by New York Investment Firm

KKR

KKR, a leading global investment firm, today announced the acquisition of a three-building industrial portfolio totaling approximately 419,350 square feet located in highly infill locations in Phoenix, Arizona. The Seller was a Joint Venture between PCCP, LLC and Hopewell Development LP. All three assets were built in 2020 and are located approximately twenty to thirty … [More]

Vistancia Finalizes Masterplan with Addition of Northpointe Community

Vistancia

Since opening in 2004, Vistancia has evolved to offer resort-style recreation centers, two award-winning golf courses – the private Blackstone Country Club and the public Trilogy Golf Club, a 3.5-mile Discovery Trail, two K-8 elementary schools, and a neighborhood marketplace uniting authentic Arizona in a Sonoran Desert living masterpiece. Vistancia has sold over 7,500 … [More]

Coyotes + BCBSAZ and Sharecare Launch Small Business Spotlight

Arizona Coyotes

The Arizona Coyotes Foundation recently announced that it has partnered with Blue Cross Blue Shield of Arizona and Sharecare to launch a "Small Business Spotlight" initiative that will highlight five Arizona-based small businesses during the 2021-22 NHL season. The goal of the initiative is to increase the exposure of small businesses in the Valley. Supporting small businesses … [More]

Republic Services among 3BL Media’s 100 Best Corporate Citizens for Second Consecutive Year

Republic Services, Inc.

Republic Services, Inc. has been named to 3BL Media's 100 Best Corporate Citizens of 2021 ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. This is the second consecutive year Republic has received this recognition. "Sustainability, people and ethics are at the heart of … [More]

SBA Launches “Getting Back on Track: Help Is Here” Webinar Series

U.S. Small Business Administration

The U.S. Small Business Administration and the non-profit Public Private Strategies Institute will launch a new regional webinar series, “Getting Back on Track: Help is Here,” to provide Main Street entrepreneurs with the information and resources they need to continue to recover from the COVID-19 pandemic. The educational webinars will feature speakers from The White House, … [More]

Law and Wealth Management Firms Align to Add Depth of Service, Offerings to Clientele  

Wilde Wealth

Muhlenfeld & Huish, a financial services firm with more than $140 million in assets under management, has announced they will be joining Wilde Wealth Management Group, effective May 20, 2021. Both teams will retain their branding, and the team at Muhlenfeld & Huish has moved from its current location at 7373 N. Scottsdale Road in Scottsdale to Wilde Wealth’s newly … [More]

UPS to Hire 200 in Phoenix Metro Area

UPS

UPS® announced that it expects to hire over 200 employees in the Phoenix Metropolitan area to support the unprecedented increase in ecommerce-related shipping. These jobs are permanent, part-time package handling positions in UPS sortation hubs and centers that can lead to a career. More than 56 percent of UPS’s current drivers and management staff were originally hired for … [More]

ClearSky Health Breaks Ground for New Inpatient Rehabilitation Hospital in Avondale

ClearSky Health

ClearSky Health, an established rehabilitative healthcare provider, recently broke ground for a new inpatient rehabilitation hospital in Avondale, Ariz. The hospital will be located at 109th Ave. and West McDowell Road. ClearSky Rehabilitation Hospital of Avondale will be a 30-bed facility that is expected to treat about 650 patients annually. Physician-led rehabilitative … [More]

Health Care System Launches Digital Health Program with Virtual Care Platform

Banner Health

Banner Health, one of the country’s largest nonprofit health care systems, today announced the launch of its digital health program with Xealth, the leader in enabling digital health at scale, as the deployment platform. Rolling out this platform system-wide, Banner’s 30 acute-care hospitals and other entities can access digital solutions, beginning with Babyscripts, a leading … [More]

$20M in Growth Financing to Support Behavioral Health Expansion

MIND 24-7

MIND 24-7, an emerging leader in immediate-access behavioral health services, has secured $20 million in funding for expansion of mental health crisis and urgent care service centers. Based in Phoenix, this funding will allow MIND 24-7 to open an initial five service facilities in key markets over the next 18 months with exponential growth planned for the following three … [More]

NAIOP Honors the Valley’s Most Successful CRE Projects, Companies, Individuals

inbusinessPHX.com

Commercial real estate’s leading annual awards, the Best of NAIOP, returned to a live event after a virtual presentation last year because of the COVID-19 pandemic. What a celebration it was. The Arizona Chapter of NAIOP safely handed out awards in 34 categories at the Westworld of Scottsdale on May 12. “Despite the COVID-19 pandemic, the number of Best of NAIOP … [More]

Arizona’s First SCHEELS Massive ‘All Sports’ Store to Open in Chandler

SCHEELS

SCHEELS, an employee-owned All Sports retailer, is excited to bring its first location to Arizona, opening Fall of 2023 in Chandler.  The new shopping destination is planned for the Chandler Fashion Center after a full renovation and expansion of a vacant building, and will feature 220,000 square feet of premium retail adventure for the entire family. The new Arizona SCHEELS … [More]

RED Development’s Phoenix Mixed-Use Destination Nears Full Occupancy

RED Development

RED Development has signed Arizona’s largest law firm—Snell & Wilmer—to its growing tenant roster at CityScape Phoenix. With this new addition, the mixed-use property hit a leasing milestone of 98 percent. This deal marks the largest office lease signed in downtown Phoenix during the pandemic. Snell & Wilmer will be relocating its headquarters from the Arizona … [More]

Urban Hotels Hit Hard by Pandemic, Recovery Expected to Take Years

American Hotel & Lodging Association

A national survey conducted by Morning Consult commissioned by the American Hotel & Lodging Association (AHLA) found that only 29% of Americans would consider traveling to a city or urban destination this summer, further showing the economic devastation facing urban markets, which rely heavily on business from events and group meetings, underscoring the need for targeted … [More]

Valley-Based Cyber-Safety Co. Named to 100 Best Corporate Citizens of 2021

NortonLifeLock Inc.

3BL Media has named NortonLifeLock (NASDAQ: NLOK), a leading consumer Cyber Safety company, to its annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. This is the second year that NortonLifeLock has been recognized by 3BL and earned a top 10 … [More]

Telehealth Provider Solution Helps Decker Truck Line Reduce Absenteeism, Annual Healthcare Costs

MeMD

With nearly 70% of all freight tonnage moved in the United States carried on trucks, ensuring professional drivers stay healthy is imperative to avoid supply chain disruption. Understanding the health challenges that drivers face in a 24/7 sedentary job, Decker Truck Line turned to national telehealth provider MeMD to offer its workforce cost-effective access to virtual care … [More]

Apply: $2.7 Million for Women’s Business Center Resiliency and Recovery Demonstration Grant

U.S. Small Business Administration

The U.S. Small Business Administration (SBA), Office of Women’s Business Ownership (OWBO) is accepting applications for the Women's Business Centers (WBC) Resiliency and Recovery Demonstration Grant. The purpose of this opportunity is to continue or establish innovative projects that aim to improve service delivery, training, and support provided to women-owned businesses … [More]

Aetna One Advocate Flagship Office is Filling 500 Professional Jobs

CVS Health

CVS Health announced a recent $6 million investment in new tenant improvements, and an additional 50,000 square feet of space at its flagship Aetna One Advocate office in Chandler, AZ. The site, located at 1255 S. Spectrum Boulevard, in the Allred Park Place development, now has capacity to serve more than 600,000 Aetna members.   Hiring is underway to fill an additional 500 … [More]

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