566K-SF West Valley Industrial Building Changes Hands following $90M Sale
IndiCap, a commercial real estate firm specializing in industrial investment and development throughout the U.S. Southwest, in partnership with Invesco Ltd., a publicly traded, global independent investment management firm, announced the completion of the sale of a 566,121-square-foot industrial building located within Virgin Industrial Park in Glendale, Arizona, to an undisclosed buyer. The transaction closed […]
2026 Carrier Rate Hikes: A Margin Crisis for Ecommerce
As UPS, FedEx, and other major carriers roll out their 2026 rate structures, the ecommerce landscape faces a critical inflection point. With headline General Rate Increases of 5.9% masking effective increases of 10–20% due to surcharges, shipping has ceased to be a simple operational expense. It has evolved into a core component of Cost of […]
Middle Market Performance Reflects Measured Optimism
Middle market performance in 2025 reflects a year of stability and incremental improvement following earlier fluctuations. Revenue growth dipped mid‑year but rebounded modestly in Q4, demonstrating resilience despite softer hiring trends. Most companies continued to report year‑over‑year revenue gains, with expectations for future growth trending upward. Average revenue growth figures remain strong across the middle […]
Scottsdale Golf Brand Adds LPGA Tour Notable to Roster
PXG announced the addition of Olivia Cowan to its LPGA Tour roster, strengthening the brand’s presence in the women’s game alongside players including Céline Boutier, Megan Khang, and Auston Kim. A proven international competitor and respected presence on tour, Cowan brings a modern, performance-first mindset to the PXG team. Her thoughtful approach to preparation and […]
Valley Mobility Tech Co. Secures $1B New York Traffic Safety Contract
Verra Mobility Corporation, a leading provider of safe, smart, and connected mobility technology solutions, announced that it has finalized a new, five-year, $998 million contract with the New York City Department of Transportation to continue managing New York City’s automated enforcement camera programs, with an option to extend for an additional five-year term. This includes […]
Woman-Owned Phoenix Brewery Announces Chandler Expansion
Greenwood Brewing, the award-winning Phoenix-based, woman-owned craft brewery founded by Megan Greenwood, announced that it will open a new location in Downtown Chandler later this year. The new taproom will be located at 55 N. Arizona Place in The AJ. Owned by retail real estate investment firm Asana Partners, The AJ is a mixed-used destination […]
JDM Partners Closes $430M Opportunity Fund
JDM Partners, a leading real estate investment and development firm headquartered in Phoenix, announced the successful close-out of JDM Partners Opportunity Fund III LLC, marking the firm’s first fully realized fund and a significant milestone in its investment platform. The Fund completed its lifecycle in 2025 following an approximately 10-year hold period, delivering strong performance […]
January Marks Seasonal Cooldown for Phoenix Housing
Activity slowed in the Phoenix single-family residential housing market in January. Closed sales were up slightly, increasing 0.6% from January 2025. Pending sales dropped 31.3% from last year, and new listings were down 6.1%. “When you look at the long-term trending numbers, January is always a slow month for residential real estate,” said Sammy Glassman, board president of Phoenix REALTORS. “Sales, listings and pending […]
Small Business Optimism Holds Above Average as Uncertainty Climbs
The NFIB Small Business Optimism Index fell 0.2 points in January to 99.3 and remained above its 52-year average of 98. Of the 10 Optimism Index components, three increased and seven decreased. Expected real sales volume was the only component with substantial change, increasing by 6 points. The Uncertainty Index rose 7 points from December to 91. A rise in owners reporting uncertainty about whether it is a good time to expand their business was […]
Retail Veteran Behind Spanx, Avon and Tupperware to Lead Scottsdale Hearing Tech Co.
Audien Hearing, a leader in accessible, high-performance hearing solutions, announced that Laurie Ann Goldman, a proven and recognized chief executive and brand builder, has been appointed Chief Executive Officer, leading the company through its next phase of growth and transformation. Audien is the No. 1-selling hearing solutions provider in the world, with more than $100 […]
Lucid Taps Former Rolls Royce Exec to Lead Global Supply Chain
Lucid Group, Inc., announced Neil Marsons has joined the organization as the Senior Vice President of Supply Chain. Bringing more than 20 years of experience to the role, Marsons will be responsible for expanding and strengthening the company’s global supply chain, as well as closely partnering across the organization to support production at the company’s […]
First AI-Powered Mass Tort Law Firm Begins Operations in Arizona
Justpoint, Inc., a consumer-protection company using artificial intelligence to uncover hidden toxins in everyday products, announced the launch of Justpoint Law, LLP. This follows approval to operate as an Alternative Business Structure (ABS) law firm by the Arizona Supreme Court last July. The approval makes Justpoint Law the first US personal injury/mass tort law firm […]
Garmin Debuts Aviation Operations Facility in Mesa
Garmin announced that it has acquired a hangar and office complex at the Mesa Gateway airport in Mesa, Arizona (KIWA). This new facility space will expand the company’s capacity for its aircraft certification and flight test organizations. The facility consists of two adjacent hangars of approximately 75,000 total square feet which includes office space that […]
Scottsdale Builder Launches Luxury Custom Home Division
Finesse Custom Homes has launched as the luxury custom-home division of Finesse Construction, bringing more than 20 years of commercial construction expertise and nationwide project experience to the Phoenix-area luxury home market. The new division aims to streamline the custom home building process through technology integration, transparent pricing, and national buying power. The company enters […]
Fitness Brand Expands into Mesa with Largest Location
Amped Fitness, a rapidly expanding fitness brand, announced it is coming soon to Mesa, Arizona, marking the company’s second location in the state following the upcoming opening of Amped Fitness Glendale later this month. The new Mesa club will be located at 445 N Stapley Dr, Mesa, AZ 85203 and span an impressive 54,000 square […]
Phoenix HVAC Operator Acquired by National Platform
Tucker Hill Air, Plumbing & Electric announced its acquisition by Chill Brothers, marking a strategic partnership designed to support continued growth and operational strength in the Phoenix market. The transaction reflects Tucker Hill’s disciplined expansion, professional team, and investment in best-in-class systems built to perform in one of the most competitive home-services markets in the […]
Labor Index Highlights Ongoing Small-Business Worker Shortage
NFIB’s January Jobs Report includes the launch of the new Small Business Employment Index, which measures the current state of the small business labor market. The new index integrates actual and planned changes in employment and employee compensation into a singular data point. A higher Index reflects an overall tighter labor market; a lower Index reflects an overall weaker labor market. “Main […]
Arizona Foundation Awards $838K to Support Oral Health Programs
The Delta Dental of Arizona Foundation has awarded grants to 37 non-profit organizations that work with underserved populations of all ages through oral health and nutritional programs. A total of $838,372 were awarded to support projects and services promoting good oral health practices and increasing access to dental care among underserved children, pregnant women, seniors […]