TBO, based in Gurugram, India, announced its agreement to acquire US based Classic Vacations from Phoenix-based investment firm, The Najafi Companies, for an estimated total purchase of up to $125 million. The acquisition brings together the power of TBO's first-class technology platform and worldwide inventory with Classic Vacation's vast network of luxury travel advisors … [More]
Tempe-Based Multinational Electronics Manufacturer Outlines CEO Succession
Benchmark Electronics, Inc., a worldwide provider of innovative product design, engineering services, technology solutions, and advanced manufacturing services, announced President and Chief Executive Officer Jeff Benck’s intention to retire effective March 31, 2026. Since becoming CEO in 2019, Mr. Benck has guided Benchmark through a period of strategic transformation and … [More]
1.1 Million SF Industrial Logistics Facility Slated for Glendale
VanTrust Real Estate announces its latest development in Arizona, VT303 North, a 1.1 million square foot speculative industrial building located in Glendale. Situated at the southwest corner of Northern Avenue and Reems Road, the project is designed to meet the demand for modern logistics and distribution facilities in the rapidly expanding West Valley. VanTrust acquired the … [More]
Scottsdale Behavioral Health Co. Names New Chief Medical Officer
Meadows Behavioral Healthcare, an industry leader in specialized behavioral health treatment, have welcomed Dr. Aaron Wilson, as their new Chief Medical Officer. Dr. Wilson, a double board-certified psychiatrist and addiction medicine specialist, joins MBH's senior leadership team with more than 15 years of experience guiding clinical excellence across leading treatment … [More]
Arizona Ad Agency Expands to San Francisco with Acquisition
Chandler-based Commit Agency announced the acquisition of San Francisco’s Gumas Advertising, the originator of Challenger Brand Marketing. This bold move expands Commit’s national footprint, strengthens its leadership team and solidifies its position as the unrivaled authority on helping challenger brands compete and win at a time when budgets are shrinking, costs are rising … [More]
Fast-Growing Valley Coffee Co. Announces IPO
Black Rock Coffee Bar, Inc. announced the launch of the initial public offering of 14,705,882 shares of its Class A common stock. The initial public offering price is currently expected to be between $16.00 and $18.00 per share. Black Rock Coffee Bar expects to grant the underwriters a 30-day option to purchase up to an additional 2,205,882 shares of its Class A common stock at … [More]
New Interview Series Puts Guests on Bikes, Not Sofas
Charles Sidi, his wife Sarah, and their two young sons moved from England to Arizona nearly 20 years ago and fell in love with the Arcadia neighborhood immediately. Since then, Charles has established deep roots in the area. While stuck at home sick, scrolling Instagram a few months ago, he noticed a flood of podcasts on his feed and thought "Wasn’t there a more exciting way … [More]
APS Uses Robots to Inspire the Next Generation of Engineers
The goal for every first-generation college student is not simply to get there, but to graduate – often easier said than done without caring mentorship and the genuine investment of a broader community. That’s where AGUILA Youth Leadership Institute comes in. AGUILA is a Valley-based non-profit and college access program that has been working with Arizona students for more … [More]
Scottsdale Brokerage Tops $1B in Sales amid Valley Luxury Home Market Growth
RETSY, Arizona’s Forbes Global Properties brokerage, announced that it crossed the $1 billion mark in sales volume more than two months earlier than in 2024, despite a more challenging housing market marked by rising interest rates and shifting commission structures. Recognized on RealTrends as the #1 brokerage for average sales price of brokerages in Arizona with over $1 … [More]
TSMC Breaks Ground on ‘Near-Zero’ Discharge Water Plant to Back Fabs
TSMC Arizona has broken ground and begun construction on a planned 15-acre Industrial Reclamation Water Plant (IRWP). The IRWP is designed to achieve “Near Zero Liquid Discharge” which means the company will have the ability to reuse nearly every drop of water. At start-up, the IRWP will reach 85% recycling rate with a plan to reach 90% or better. The start of construction on … [More]
National Fashion Retailer Plans Goodyear Store, Deepening West Valley Retail Mix
Seattle-based fashion retailer Nordstrom, Inc. announced plans to open a new Nordstrom Rack in Goodyear, AZ in spring 2027. "We look forward to being a part of the Goodyear community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack. "We're excited to grow our footprint in the … [More]
SRP Partners with Arizona Universities, Channeling $2.9M into Grid Reliability R&D
Salt River Project (SRP) has invested $2.9 million in 37 research and development projects with Arizona State University, Northern Arizona University and the University of Arizona in an ongoing effort to support the reliable delivery of power and water to SRP customers. Every funded project is assessed for alignment to SRP’s long-term corporate goals and strategic … [More]
Tempe Packaging Firm Expands Footprint and Capabilities with Phoenix Acquisition
Foam Packaging Specialties, LLC, has acquired Advanced Packaging Specialties Inc., a Phoenix-based company known for its box design, manufacturing and packaging distribution. The acquisition expands Foam Packaging Specialties’ offerings to include complete packaging systems such as custom foam inserts, corrugated boxes and shipping materials, provided through the new brand, … [More]
Developer Breaks Ground on 327K SF Chandler Innovation Park
DPC Companies hosted a groundbreaking event for the Chandler Innovation Park, a three-building industrial park that will offer approximately 327,776-square feet of premier industrial space. The 21-acre site at the northeast corner of Arizona Avenue and Ryan Road is in the heart of the Airpark Area, Chandler’s fastest growing employment corridor. Designed to accommodate a wide … [More]
Phoenix Helps Set the Pace for North American Data-Center Development
Metro Phoenix ranks second in the data center development pipeline, according to the new JLL North America Data Center Report – Midyear 2025. This places the Valley in a prime position as the North America Data Center colocation market reaches a critical tipping point, with vacancy rates plummeting to an unprecedented 2.3% amid relentless demand for digital … [More]
Phoenix Construction Market Holds Steady with Targeted Growth amid Tariff Pressures
Phoenix’s construction market is seeing targeted growth across industrial, retail, healthcare and office improvements, as developers adapt to shifting demand and new tariff pressures, according to LGE Design Build’s newly released Q3 2025 Construction Delivery Outlook. “Phoenix’s construction market remains active, but developers are moving forward with a sharper focus,” said … [More]
Wilde Wealth Management Names Chief Operating Officer
Wilde Wealth Management Group, a financial services firm that provides comprehensive retirement, investment, real estate, insurance, legal and tax planning services all under one roof, is pleased to announce Adam J. Sandler as its Chief Operating Officer. In his role, Sandler will oversee the day-to-day operational functions, ensuring efficiency, and compliance with … [More]
Arizona Targets Broader EV Fast-Charging Network with 21 Proposed Sites
The Arizona Department of Transportation is seeking public input on a plan that would add nine corridors to its planned network of electric vehicle charging stations. The EV charging network plan is part of $76.5 million in federal funding Arizona is eligible to receive through the National Electric Vehicle Infrastructure Program. The program encourages adoption of electric … [More]
