The executives of a longstanding Phoenix company, Barnett Management Company, have signed an agreement with fast-growing Slim Chickens to launch 32 restaurants in Arizona over 10 years as their exclusive operator in the state. Barnett Management Company plans to open the first location in the West Valley, with potential sites being near Loop 101 and Northern Avenue, by the … [More]
Developer Breaks Ground in Glendale on First Arizona Project
A new industrial developer has arrived in Arizona, and it's one that is going to be popping up more and more across the Phoenix market. US Capital Development, which is based in St. Louis, MO and has several active projects east of the Mississippi, broke ground on its first development in Arizona recently. Falcon Park 303 Phase I will be a 599,468 square foot speculative … [More]
Buyers Take Note: Housing Market Easing from White Hot to Red Hot
Runaway monthly increases in home values and rents tempered in August, according to the latest Zillow® market report, paving the way for a strong but more manageable housing market come fall. Another month of rising inventory and more for-sale listings taking price cuts are giving buyers more options and potentially less stress as they shop for their next home. Home … [More]
Barrett-Jackson Inaugural Houston Auction Hits $37.5 Million Fueled by Sale of ‘Risky Business’ Porsche
Barrett-Jackson, The World’s Greatest Collector Car Auctions, continued at full throttle during the Inaugural Houston Auction at NRG Center in Houston, Texas, September 16-18, 2021, with $37.5 million in total sales. Strong prices for collectible vehicles combined with tremendous turnout led to many world auction records and a rising demand for American-made Resto-Mods, quality … [More]
CVS Health to Hire 600 across Arizona
CVS Health to Hire 25,000 Across the U.S. During One-Day Virtual Career Event Pharmacists, pharmacy technicians, nurses, and retail store associates in high demand to support flu season, COVID-19 vaccinations and testing Candidates can text “CVS” to 25000 to begin the application process CVS Health announced that it is recruiting qualified candidates to fill … [More]
EventConnect Partners with the Arizona Sports & Entertainment Commission to Enable Streamlined Hotel Booking for Sporting Events
EventConnect, the leading event and sports tourism management software provider, announced a partnership with one of the most established sports commissions in the US, the Arizona Sports & Entertainment Commission (ASEC). Using EventConnect’s platform, ASEC will streamline all sport event experiences, enable more efficient communications with hotel partners, and provide … [More]
Lincoln Property Sells Asset for Record-Breaking $186M
Within just a month after completion, a Lincoln Property Co.-led partnership has sold Phase I of Park 303 in Glendale, Ariz., for $186 million to BentallGreenOak. The 1.3 million-square-foot facility traded for the highest single-building industrial sale price in the state’s history. The seller initially developed the property as two separate speculative buildings—of 705,531 … [More]
Real Estate Acquisition Brings Gilbert into the Fold for 72SOLD
72SOLD affiliate Hague Partners is proud to announce the acquisition of The Real Estate Firm, an industry leading real estate brokerage located in Gilbert, Arizona. Founded in 2014 by Malani Tillotson, the affiliation adds 30 real estate agents to the 72SOLD system in Arizona bringing its realtor count to 270. Founded by Arizona attorney, real estate authority and TV … [More]
Lincoln Property Joint Venture to Develop 7M Sq. Ft. Industrial Park
Lincoln Property Co. and Harvard Investments have acquired 585 acres in Goodyear, Ariz. The site is one of the last remaining large industrial-zoned land parcels in the area. The partnership plans to develop a Class A industrial park, capable of delivering as much as 7 million square feet of space across 20 buildings. The project is expected to also include a … [More]
West Valley Business Finalists Announced for Annual ‘Best of the West’ Awards
Honoring the West Valley’s best, WESTMARC has selected the finalists for its Annual Best of the West Awards Dinner. There are four categories that will be recognized: Economic Engine, Excellence in Innovation, Quality of Life Enhancement in the Community and Quality of Life Enhancement in Education. This year WESTMARC received 24 competitive nominations. Below are the … [More]
Lucid Air Officially EPA-Rated at 520 Miles of Range
Lucid Group, which is setting new standards with its advanced luxury EVs, today announced that the Lucid Air Dream Edition Range has received an official EPA rating of 520 miles of range.¹ It is the longest-range electric vehicle ever rated by the EPA – delivering at least 100+ miles of additional range over its closest competitor. One of two distinct versions of the … [More]
88 Arts & Culture Organizations Receive $2.6M ARPA Funding
The City of Phoenix Office of Arts and Culture announced emergency relief grants to 88 nonprofit arts and culture organizations as part of the city's American Rescue Plan Act funding. The Phoenix City Council approved using federal American Rescue Plan Act (ARPA) funds on June 8, 2021, for the Office of Arts and Culture to support nonprofit arts and culture organizations and … [More]
Banner Health Names New President and CEO
Banner Health announced that Amy Perry will join the health care organization as president and chief operating officer (COO) on November 1, assuming the role held by Becky Kuhn, who retires effective November 3. “I am very pleased to welcome Amy Perry to our organization,” said Banner Health Chief Executive Officer Peter Fine. “She brings broad operational experience and a … [More]
Fendley Benefits Joins Alera Group, as a Division of Benefit Commerce Group
Benefit Commerce Group, an Alera Group Company, is pleased to announce that Fendley Benefits, based in Flagstaff, AZ, has joined Alera Group. With over 2,500 employees, Alera Group is a national employee benefits, property and casualty, retirement services and wealth management firm. The unique approach of Alera Group combines national resources and best practices with the … [More]
President and CEO of Dignity Health’s Southwest Division Retires after 51 Years
After 51 years of service to the health care industry, Linda Hunt, President and CEO of Dignity Health’s Southwest Division, will retire in January 2022. “My fulfilling journey in health care has been a humbling and rewarding lifework,” says Hunt. “I am blessed to have lived my calling and I am honored to have spent the past 23 years devoted to improving the health of … [More]
GoDaddy Hosting Free Virtual Event for Small Business Owners, Sept. 28
GoDaddy Inc., the company that empowers everyday entrepreneurs, has opened registration for GoDaddy OPEN 2021, a free, online event for small business owners to learn, connect and grow their businesses. GoDaddy OPEN will take place on Tuesday, September 28, 2021 and include a lineup of inspiring business leaders, experts, influencers, and a special fireside chat with four-time … [More]
Global Investment Firm Grows Self-Storage Portfolio with New Acquisitions in Phoenix, Atlanta and Orlando
KKR, a leading global investment firm, announced that KKR has acquired five self-storage properties totaling approximately 3,884 units for an aggregate purchase price of approximately $92 million. The properties were acquired in separate transactions with two different sellers. All five properties are strategically located in proximity to the high-growth metropolitan … [More]
Hotels Projected to End 2021 Down $59B in Business Travel Revenue, Says Report
The hotel industry is projected to end 2021 down more than $59 billion in business travel revenue compared to 2019, according to a new report released today by the American Hotel & Lodging Association and Kalibri Labs. That comes after losing nearly $49 billion in business travel revenue in 2020. Business travel is the hotel industry’s largest source of revenue and has … [More]
