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, expands again in North America, adding Phoenix, Arizona (AZ), as its fifth IX in the U.S. After a year of double-digit growth and expansion in 2020, with the addition of DE-CIX multi-service interconnection platforms in … [More]
Devoted Health Expands Footprint in Arizona, Adding 100 Jobs in the Phoenix Area
Devoted Health, one of the fastest-growing Medicare Advantage (MA) plans in the United States, is opening a new office in Scottsdale to support its rapid expansion, and will be hiring for at least 100 positions in the new location. The greater Phoenix team supports Devoted Health members across the country to provide the highest-quality care and member experience … [More]
Trust Acquires Self Storage Facility in Surprise, Arizona
Strategic Storage Trust VI, Inc., a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc., announced the acquisition of an approximately 665-unit self storage facility in Surprise, Arizona. The property was completed in 2017 and was approximately 87% occupied at acquisition. This is the fourth acquisition in the newly formed SST VI … [More]
Study: Phoenix Could Generate $4.56B by Leasing Sky Harbor International Airport
Phoenix could generate $4.56 billion by leasing Phoenix Sky Harbor International Airport, giving the city money to fund other needed infrastructure projects or pay down debt, according to a new Reason Foundation study of U.S. airports. Based on data from previous airport sales and long-term leases around the world, the Reason Foundation report found the airport could be worth … [More]
SBA Announces Moratorium on Bona Fide Place of Business Requirements for the 8(a) Business Development Program
The U.S. Small Business Administration today announced a moratorium on the requirement that participants in SBA’s 8(a) Business Development Program must establish a bona fide place of business in a specific geographic area in order to be awarded any construction contract through the 8(a) Program due to the ongoing challenges of COVID-19. The moratorium is effective August 25, … [More]
AC Hotel Downtown Phoenix Acquired by Chicago Group
Chicago-based hotel investment and management company, Arbor Lodging Partners, is proud to announce today its latest acquisition and first expansion into the Phoenix market, with AC Hotel Phoenix Downtown. Located in the lively, bustling downtown that has been experiencing rapid growth and development in recent years, the AC Hotel Phoenix Downtown boasts 199 luxurious rooms and … [More]
Today Is National Women’s Equality Day – A Day to Recognize Equity in the Workplace
When University of Phoenix set out to create a suite of professional development courses, designed to provide an efficient and cost-effective path to short-burst higher learning, they chose a collaborator, Freedom Learning Group (FLG), who has made it their mission to help military spouses stay relevant in the workforce while achieving work/life balance. FLG's efforts have … [More]
Second Responders Get Own Day of Recognition Throughout the Valley Sep. 1
They may not be first on the scene, but their work has lasting, life-saving results. Now, second responders are being honored for their efforts through a special “Second Responders Day” on September 1, 2021, including a resolution of support from the Maricopa Association of Governments (MAG). Second responders provide support to individuals and families in the wake of … [More]
Partnership Announced to Provide Cost-Effective, High-Quality Employee Benefit Solutions
VensureHR, the human resources consulting and support division of Vensure Employer Services, is proud to announce a partnership with Papaya Global, a cloud-based SaaS automation platform for payroll and workforce management. This partnership helps support VensureHR’s global initiative to streamline essential business tasks, minimize business-related threats, and provide … [More]
Newly Constructed 450,000-Square-Foot Industrial Building Adjacent to Goodyear Airport Sells
CIM Group announced today that it has acquired 2250 S. Litchfield Rd., a newly constructed 450,619-square-foot industrial building adjacent to the Phoenix Goodyear Airport in Goodyear, Arizona. The state-of-the-art crossdock industrial facility features 36-foot clear heights,190-foot truck courts, and ample auto and trailer parking on a 29.2-acre site. The property is the … [More]
onsemi to Acquire GT Advanced Technologies
onsemi, a leading supplier of intelligent power and sensing technologies, and GT Advanced Technologies (“GTAT”), a producer of silicon carbide (SiC), today announced that they have entered into a definitive agreement under which onsemi will acquire GTAT for $415 million in cash. Founded in 1994, GTAT has significant experience in crystalline growth, including SiC. SiC … [More]
Water Agencies Across West Partner to Conserve Colorado River Water
Seizing every opportunity to use Colorado River resources as efficiently and effectively as possible and to help slow Lake Mead’s declining levels, water agencies across the Southwest are partnering with the federal government to fund a short-term agricultural land fallowing program in California that will conserve water on a large scale. The partnership among the U.S. … [More]
Magellan Healthcare Offers Ecosystem of Services for Suicide Prevention
Magellan Healthcare, the behavioral and specialty healthcare division of Magellan Health, Inc., announced high-touch and high-tech resources to advance suicide prevention and intervention. “At Magellan, we care deeply about addressing the public health crisis of suicide through awareness, empowerment and action,” said Caroline Carney, M.D., chief medical officer, … [More]
Arizona Workers’ Compensation Claim Frequencies are 42% Above US Average, Says Report
AmTrust Financial Services, Inc., a global specialty property and casualty insurer, today released the AmTrust 2021 Contractor Risk Report, identifying common injuries and the resulting time off work for the specialized group. The report, based on 26,000 workers’ compensation claims over 10 years, found that companies in business less than four years make up 75 percent of … [More]
UArizona Health Sciences Study Suggests Greater Vaccination Push Needed to Combat Delta Variant
New data from an ongoing University of Arizona Health Sciences research study show that the COVID-19 vaccines remain effective following the predominance of the delta variant, although at a lower rate than prior to its emergence. The newly released findings from the longitudinal Arizona Healthcare, Emergency Response, and Other Essential Workers Surveillance (AZ HEROES) … [More]
Sion Power Introduces a Full-Scale Rechargeable Battery Targeting the Electric Vehicle Industry
Tucson-based Sion Power®, a technology leader in high-energy, lithium-metal rechargeable batteries, is introducing their Licerion® rechargeable battery for electric vehicles at The Battery Show North America in Novi, Michigan in September. The 17 Ah Licerion Electric Vehicle (EV) cell boasts over 400 Wh/kg and 810 Wh/L in a large-format pouch cell. The company has specifically … [More]
New Behavioral Health Network Formed to Improve Access and Lower Cost
Banner – University Health Plans (B – UHP) and Blaze Advisors have partnered with community-based behavioral health, primary care and social service providers to develop the Integral Health Network of Southern Arizona. The new network is designed to improve access and lower costs for individuals in Central and Southern Arizona with complex behavioral health conditions. The … [More]
Scottsdale Quarter Gets New Premier Movie Theater Operator
Washington Prime Group Inc. announced that Landmark Theatres will become the premier movie theatre operator at Scottsdale Quarter, the open-air lifestyle center and mixed-use property located in Scottsdale, Arizona. The addition of Landmark Theatres further positions The Quarter as the premier gathering place in the Valley for the benefit of guests, tenants, and community … [More]
