In a flurry of recent deals, Dallas-based Altera Fund Advisors has acquired Rome Towers, a 130,000-square-foot medical office building in Gilbert, Ariz., in a four-asset, $75 million portfolio transaction. Woodside Health sold the Class A Gilbert property together with two medical facilities in Middleburg Heights, Ohio, and one in San Antonio. The three additional … [More]
FirstBank Closes Out Record Year, Awards $15,000 to Valley Businesses
FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced year-over-year double-digit percentage increases in assets, deposits, and income in the fourth quarter of 2021. Across FirstBank’s Arizona branches, assets totaled nearly $1.2 billion, up 21.4 percent. Total deposits were $1.1 billion, up 42.5 percent from the same time … [More]
Chandler Incubator Program Supports Young Inventors
Chandler Innovations, the city's business incubation, and entrepreneurial development program, is once again running its Jr. Track for high school students working on STEM-based projects. The program was started in 2019 in collaboration with Rachna Nath, a science educator with Arizona College Prep, Erie Campus. "My students are working on projects that … [More]
Seven Arizona Bioscience Startups to Watch in 2022
A regenerative treatment for Alzheimer’s disease, a respiratory-assist device to improve COPD patient care, a blood-based test for colorectal cancer, and a treatment to solve bad dog breath are some of the transformative advances of the 2022 Flinn Foundation Bioscience Entrepreneurship Program participants. The seven Arizona-based, early-stage companies competitively … [More]
Goodwill Launches High-Quality Clothing & Accessories Online Thrift Store
Goodwill of Central and Northern Arizona has launched an online thrift store called Reclaimed Fashion featuring high-quality secondhand clothing and accessories for women, men, and children. The new site is live today and shoppers will receive free shipping over orders of $75. “Online fashion thrift is growing and our consumers have been asking for a way to shop … [More]
Scottsdale Resort to Undergo Massive Multimillion-Dollar Renovation under New Ownership
Driftwood Capital announced the purchase of The Scottsdale Resort at McCormick Ranch, a 326-room property that sits on 16.2 acres in the sought-after McCormick Ranch neighborhood, along with a comprehensive multimillion-dollar renovation that will cover all aspects of the resort. Upon completion, the resort will join Curio Collection by Hilton, a global set of remarkable … [More]
Small Business Digital Alliance Announces National Members and First Slate of Events
The Small Business Digital Alliance (SBDA) announced its national members and a slate of upcoming events. The SBDA is a new public-private co-sponsorship between the U.S. Small Business Administration (SBA) and Business Forward, Inc., a non-profit organization working with small business leaders in support of policies promoting America’s economic competitiveness, focused on … [More]
Caliber’s Opportunity Zone Fund Portfolio to Redevelop Downtown Mesa, Breaks Ground
Caliber, a vertically-integrated alternative asset manager and fund sponsor, broke ground yesterday for The Commons of Mesa, a 144-unit apartment community located in downtown Mesa will be held on February 23, 2022, at 10 am. The Commons of Mesa will contain 48 one-bedroom units and 96 two-bedroom units. It will be comprised of twelve buildings each with 12 units surrounding a … [More]
Tech Institute Partners to Prepare Nation’s Future Technicians for Electric Vehicle Repair and Maintenance
Universal Technical Institute (UTI) is rolling out new curriculum in its Ford FACT (Ford Accelerated Credential Training) program to prepare its students to keep the next generation of vehicles on the road. Automotive technicians are in demand, and as the electric vehicle (EV) market continues to grow, those with knowledge of high voltage batteries and electric vehicles have … [More]
Health Tech Co. to Expand in Arizona, Adding More Than 100 Jobs
athenahealth, Inc., a leading provider of network-enabled software and services for medical groups and health systems nationwide, announced it is expanding its employee base into the Greater Phoenix area. Throughout 2022, athenahealth is planning to fill as many as 120 roles in the Phoenix market, the majority of which will be client support center analysts. The expansion comes … [More]
Ling’s Wok Shop Launches Year-Round Philanthropic Campaign to Benefit Local Nonprofits
The pandemic was hard on everyone. With restaurants recovering, locally owned Ling’s Wok Shop, the latest flex-casual dining concept from the team behind Ling and Louie’s Asian Bar and Grill, is excited to give back to the community with the launch of its Cooking for a Cause program. Each month Ling’s Wok Shop will feature a special, chef-inspired dish where $5 of each order … [More]
Coffee and Wine Concept Opens in Chandler’s Downtown Ocotillo Development
Bottle & Bean Coffee House & Wine Shop, a new community gathering spot, has joined the strictly local food and beverage line-up in Downtown Ocotillo. Located in the heart of the bustling mixed-use development, the coffee shop and wine bar serves a complete line-up of morning to evening offerings, including full breakfast and lunch menus, as well as a coffee bar … [More]
Arizona Distillery Looking to Shake up the Liqueur Industry Launches Crowdfunding Campaign
CHELLY, makers of a new-age infused limoncello geared for young adults, announced today that they have officially launched their first crowdfunding campaign through StartEngine. CHELLY is redefining what limoncello really is with a product that has a big kick, smooth taste, and made with natural flavors. It doesn't taste like your typical limoncello – It is a versatile drink … [More]
PetSmart Charities National Adoption Week Brings People and Pets Together
There is no better time than the anticipation of spring to find new love.PetSmart Charities, the leading funder of animal welfare in the U.S. encourages those looking for a new best friend to participate in National Adoption Week on Feb. 28 – March 6, 2022. During these special weeks each year, PetSmart Charities partners with thousands of local animal … [More]
Taco Shop Chain Installs 20-tap Self-Pour Wall in Tempe, Expands to West Valley
Taco Boys, known for authentic char-grilled Mexican food, has announced the addition of a third location in Arizona’s West Valley. The growing fast-casual chain also recently launched Tempe’s first and only self-pour beer wall experience at its second location, just across the street from the Arizona State University campus. Founded in 2019 by partners Juan Cornejo Pena and … [More]
Phoenix-Based Nonprofit Fundraising Platform Acquires Volunteer Management Platform
Virtuous, the world’s fastest growing nonprofit CRM and responsive fundraising platform, announced today it has acquired VOMO, the award-winning volunteer mobilization platform designed to recruit new volunteers, manage the volunteer experience, and activate volunteers to grow giving. With VOMO, Virtuous will further enable nonprofits to deliver highly personalized … [More]
Credit Union Foundation Opens Community Impact Grants for Arizona Nonprofits
OneAZ Credit Union and the OneAZ Community Foundation has opened the application process for the 2022 Community Impact Grants. This year, $5,000 will be awarded to 50 nonprofit organizations that positively impact communities served by OneAZ. This represents more than double the amounts awarded in 2021. “We are proud to announce that this year we’ll be able to assist … [More]
North America’s Original Blow Dry Bar Kicks Off Year with Expansion throughout Phoenix Area
Blo Blow Dry Bar, North America's original blow dry bar and blow dry bar franchise, announced today the signing of a three-unit franchise agreement in the Phoenix-area. This agreement will continue the significant franchise development momentum Blo Blow Dry Bar saw in 2021 as the brand now boasts more than 140 locations opening and operating across the United … [More]
