Commerce Archives

Startup Tuft & Needle aims to wake up mattress industry

John-Thomas Marino and Daehee Park.

Tucked away in the Levine Machine Building in the Phoenix Warehouse District, Tuft & Needle is a mattress company that is easily overshadowed in terms of scale by the big boys, namely Serta, Sealy, Simmons and Sterns and Foster. The local mattress maker, however, is growing rapidly, and it may just become a household name… Read More →

Arizonans spend more on Cyber Monday than Black Friday

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Arizonans plan to spend more money shopping electronically on Cyber Monday ($556) than hitting the malls and super-stores on Black Friday, where they plan to spend $433, according to the BMO Harris Bank Holiday Report. The survey examined the buying intentions of consumers ahead of Black Friday – the day after Thanksgiving; and Cyber Monday,… Read More →

Proposed EPA water rule is all wet

Water Conservation, City of Phoenix

If you need further evidence of the sometimes cartoonish level of ham-fisted management of environmental regulatory matters by the federal government, consider the proposal by the Environmental Protection Agency to change the definition of “navigable waters” under the Clean Water Act. A coalition of over 30 business organizations led by the Arizona Chamber of Commerce… Read More →

5 Tips To Turn a Bad Customer Into a Good Customer

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A successful business cannot be considered a success without the support of a good customer. How you treat your customers, especially if you own a service-oriented business, can make the difference between a loyal returning customer who will become an ambassador for your business and a lost opportunity or a negative influence for your company… Read More →

CAP has $1 Trillion Impact on Arizona Economy

Fresh Water is Becoming Scarcer with the Planet's Changing Climate

Key players in Arizona’s water supply gathered today at the GPEC Ambassador Event to discuss the future of water in greater Phoenix at Renaissance Square in Downtown Phoenix. The event featured a panel consisted of David Modeer, general manager at Central Arizona Project, Grady Gammage Jr., an Attorney at Gammage & Burnham, Dave Roberts, the… Read More →

Local salt company launches new bacon products

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Local salt purveyors Aaron and Liz Eckburg have been busy. These two serial entrepreneurs have parlayed their love of pork products and salt and have launched a new line of bacon aptly named, “Bring Home the Bacon” this month at the Gilbert and Fountain Hills Farmers’ Markets, and are working to bring it to local… Read More →

NJOY Raises More Than $70 Million

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NJOY, the world’s leading independent electronic cigarette company, today announced that it has completed another successful private fundraising round attracting more than $70 million in capital. The round was led by Brookside Capital along with Morgan Stanley Investment Management, investing on behalf of mutual funds and other pooled vehicles for which it acts as investment… Read More →

Arizona Commercial Real Estate Experts predict slow recovery leading to better 2015

Marina Heights rendering courtesy of DAVIS.

In the ’90s, the joke was that the state bird was a construction crane, says AAED’s Executive Director Joyce Grossman. She motions out the window of her downtown Phoenix office and says, “You look around here, and you see cranes in the air. That means jobs.” Arizona isn’t seeing the growth it did in the… Read More →

JBA Consulting Engineers Opens Arizona Office

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  JBA Consulting Engineers (JBA), a global leader in active building systems, began operations in Arizona recently. It named Michael Shafer, CTS and Timothy Johnson RCDD, CTS as Managers of Technology Design Solutions and Senior Project Consultant respectively. Shafer and Johnson’s more than 50 years of combined experience and vast knowledge of the market will… Read More →

More Than $1B In Valley Economic Development Projects Announced In Banner 48-Hour Period

Marina Heights rendering courtesy of DAVIS.

  It could be the best 48 hours ever for Valley development and commercial real estate: three projects and more than $1B in economic impact. In the past 48 hours plans were revealed for three major investment and construction projects in Metro Phoenix, including today’s announcement of the $600M Marina Heights mixed-used development on Tempe… Read More →

Dibble Engineering Announces Opening Of Tucson Office

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  Dibble Engineering announces the establishment of a new office in Tucson. Dibble Engineering provides complete civil engineering and construction administration services across eight specialized practices: >> Airport Infrastructure; >> Drainage and Flood Control; >> Water/Wastewater; >> Infrastructure Rehabilitation; >> Site Infrastructure; >> Survey/GIS; >> Transportation; >> Land Development. The new office is at 177… Read More →

Metro Phoenix Retail Continues A Slow, Steady Rebound

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  With the close of 2Q 2013, Velocity Retail’s research has confirmed what we have been speculating: the retail market in Phoenix is on the rebound with several key benchmarks collaborating this: >> Vacancy is down; >> Leasing activity is up; >> Regional areas are showing significant improvement. Currently, as of 2Q 2013, our research… Read More →

Historic Chandler Wedding, Event Venue To Re-Open As SoHo63

The Christensen family at SoHo63 in Downtown Chandler.

  A historic East Valley wedding and event venue will re-emerge in a few short weeks with a fresh look and a new name under new ownership. SoHo63, formerly the Inspirador, will host its first event in late August as a modern, multi-purpose venue for both weddings and corporate events. SoHo63, 63 E. Boston St.,… Read More →

Rivulon Ramping Up: With Construction Set For Fall, Gilbert Project Poised To Move Forward

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  Gilbert is one of the fastest-growing residential communities in the nation. It is only fitting that a scene of such dynamic growth is the home of what is poised to emerge as one of the region’s most promising new commercial developments: Rivulon. Developed by Nationwide Realty Investors (NRI), the real estate development affiliate of… Read More →