Sumitomo Corporation of Americas plans to submit the former Collier Center, an office high-rise in downtown Phoenix, to a sweeping renovation, after which the company will reintroduce the approximately 600,000-square-foot building as 201 E. Washington. Sumitomo will invest $10 million in the capital improvement program, and is working alongside Transwestern Real Estate … [More]
Better Manage Complex Leave Process With New Tech
Unum, a leading provider of financial protection benefits in the U.S. and U.K., is launching Unum Total Leave™, a new leave management service powered by a unique digital leave ecosystem to assist employers and employees with the complex leave process. The Unum Total Leave launch responds to the changing leave landscape, one that is more complex and difficult to navigate for … [More]
Sheraton Opens Renewed Downtown Property with Reinvented Experience and Vision
Sheraton Phoenix Downtown, Arizona’s largest hotel located in the heart of downtown, has been reimagined from top-to-bottom as part of Sheraton’s worldwide transformation of its guest experience vision. The newly renovated hotel, one of the first to display Sheraton’s new signature key elements, brings hope and renewal to the community as they prepare for a revival in … [More]
Glendale Chamber to Champion Equality in the City of Glendale, Pushes for Ordinance
The Glendale Chamber of Commerce has created a task force to champion the adoption of equality to include a LGBTQ inclusive non-discrimination ordinance in the City of Glendale that would prohibit discrimination in employment, housing, and public accommodations. The task force will be responsible for convening business leaders, community leaders and other stakeholders to … [More]
Tennessee-Based Co. Announces First Major Expansion with New Facility in Chandler
Tennessee-based Mechanical Keyboards, LLC, one of the largest providers of mechanical keyboards in the world, recently acquired a 74,000-square-foot flex industrial building in West Chandler’s thriving employment corridor. Approximately 40 employees will work at the facility located at 7300 W. Chandler Boulevard, and will hold roles ranging from logistics, administration, … [More]
Aviation Part Co. Gains 1.5M Parts from Iberia Maintenance in Largest Acquisition to Date
Chandler-based AvAir, an industry-leading inventory solutions provider for the aviation aftermarket, has secured their largest acquisition to date with Iberia Maintenance to gain more than 1.5 million consumable parts and 30,000 tagged rotable components. Iberia Maintenance offers Maintenance, Repair and Overhaul services to more than 50 customers worldwide including all IAG … [More]
Axis Raintree, a New Speculative Office Building, Opens in Scottsdale
The three-story building was designed by RSP Architects and built by Willmeng Construction, and offers 175,112 square feet of Class A office space. Built on a 5-acre site at 8605 E. Raintree Drive, the property is situated roughly 3 miles from Scottsdale Airport and has easy access to the 101 Freeway, with Phoenix located some 22 miles southwest of the asset. Axis … [More]
SmartRent to Go Public in $2.2 Billion Merger with Fifth Wall Acquisition Corp. I
SmartRent.com, Inc. has entered into a definitive business combination agreement with Fifth Wall Acquisition Corp. I, a special purpose acquisition company (SPAC) sponsored by an affiliate of Fifth Wall, the largest venture capital firm focused on the global real estate industry and proptech. Upon the closing of the transaction, the combined company will be publicly … [More]
Nikola Energy and TravelCenters of America to Deploy Hydrogen Fueling Infrastructure
Nikola Corporation, through its Nikola Energy division, and TravelCenters of America Inc., the largest publicly-traded operator/franchisor of full-service travel centers in the United States, have agreed to collaborate on the installation of hydrogen fueling stations for heavy-duty trucks at two existing TA-Petro sites. This collaboration is a first step for the parties to … [More]
Center for the Future of Arizona Releases Report with Results from the 2020 Gallup Arizona Survey
The Center for the Future of Arizona (CFA) released The Arizona We Want: The Decade Ahead report with critical data and valuable insights from the second decennial 2020 Gallup Arizona Survey on April 21. The survey reveals Arizonans agree on seven shared public values, defined as the major issues on which at least 70 percent of Arizonans agree, and identifies 42 specific … [More]
Arizona Sports Wagering Law Legalizes Sports Betting
Governor Doug Ducey signed a bill (HB2772: Sports Betting, Event Wagering) into law on April 15, effectively making Arizona the 26th state to legalize sports betting. Multiple bills aimed at legalizing sports betting have failed in recent years, but this session has brought a success that will increase revenue for both the state and tribes. Sports betting’s popularity has grown … [More]
Modern Industrial Commerce Center at the Glen Harbor Airpark Completed
LGE Design Build, a full-service design-build firm, recently completed construction on the 388,621 square-foot industrial development – Northern 101 Commerce Center. Conveniently located adjacent to the Loop 101 freeway and Northern Pkwy, Northern 101 is situated on two neighboring sites, totaling 30-acres, at 7860 N. 106th Ave. in Glendale. It is easily accessible to the … [More]
CDC Small Business Finance Is Top Arizona SBA Lender after Fiscal Year 2021 2Q
CDC Small Business Finance, a community leader in the economic development field, is the No. 1 U.S. Small Business Administration lender in Arizona among 7A and 504 firms after the fiscal year 2021 second quarter. The Arizona district office of CDC, which was named the state’s SBA 504 Lender of the Year for the third straight year in 2020, closed 55 loans totaling $49.67 … [More]
University of Phoenix to Sponsor Arizona Hispanic Chamber of Commerce Buenos Dias Networking Webinar
University of Phoenix will sponsor the Arizona Hispanic Chamber of Commerce Buenos Dias Networking Webinar Thursday, April 29 2021, at 10 a.m. MDT discussing COVID-19’s impact on Arizona women. The COVID-19 pandemic has deepened inequalities to women’s safety, health and economic empowerment, which could set back women for decades. University of Phoenix and Arizona Hispanic … [More]
Magellan Healthcare Provides Vital Resources for Adults and Youth during Mental Health Month
Magellan Healthcare, the behavioral and specialty healthcare segment of Magellan Health, Inc. (NASDAQ: MGLN), today announced resources and programs to support individuals and families in honor of Mental Health Month in May. More than two in five Americans are struggling with mental or behavioral health issues associated with COVID-19, according to a report from the … [More]
University of Phoenix to Hold In-Person Commencement at Chase Field
University of Phoenix will hold an in-person commencement ceremony, Saturday, April 24, 2021, at 10:30 a.m., MST at Phoenix’s Chase Field. Featured speakers will be University of Phoenix President Peter Cohen, Provost and Chief Academic Officer Dr. John Woods, and football great and alumnus Larry Fitzgerald. Fitzgerald graduated from the university in 2016 with a Bachelor of … [More]
Cold Storage Facility Announced in Glendale to Meet Demand
Cold Summit Development has launched its second project and first in the Phoenix metro area, a 357,000-square-foot multi-tenant speculative cold storage facility (“Cold Summit PHX”), expandable to 485,000 square feet. Sitework and construction is anticipated to start immediately with completion by December 2021. The project follows Cold Summit Dallas, launched in December … [More]
New Health Center Breaks Ground for Sunnyslope Community in Phoenix
The Desert Mission Health Center in the Phoenix Sunnyslope neighborhood began serving the health needs of the community 94 years ago. This week, the community will celebrate the groundbreaking of a new, comprehensive, state-of-the-art healthcare facility to serve a growing number of individuals and families in the area. Desert Mission Health Center became part of … [More]
