Featured Archives

Zenefits continues rapid growth with new Tempe office building

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Zenefits, the free, cloud-based human resources technology company that automates and eliminates HR administrative work for businesses, has announced that due to its rapid growth and hiring it has signed a 10-year lease for a large, new office in Tempe, which will be its second office site in greater Phoenix. The San Francisco-headquartered company will… Read More →

Alliance Residential named “Top Companies to Work For”

123rf.com:  Elnur Amikishiyev

Alliance Residential, the largest multifamily developer and seventh largest multifamily manager in the nation, has been named one of CareerBuilder’s Top Companies to Work for in Arizona by Republic Media (The Arizona Republic, azcentral.com, La Voz) and CareerBuilder. This is Alliance’s second year on the annual listing. Companies are evaluated and selected based on a combination… Read More →

AZRE Source: Breweries tap into adaptive reuse of retail

SanTan Brewing Company
Photo by Mike Mertes, Az Big Media

Fifty-four-year-old Walter Crutchfield, principal and co-founding member of Phoenix-based development company Vintage Partners, is sipping on Oskar Blues Breweries’ Dale’s Pale Ale. It’s one of the beers hooked up to his office’s commercial grade tap, where craft beer flows often. “It’s a true American industry,” Crutchfield says. In the last five years, the craft beer… Read More →

$7M JLL Hangar sale shows Phoenix aerospace is flying high

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The Phoenix office of JLL has closed the $7 million sale of The Hangars at 5615, a major, state-of-the-art office and hangar facility with direct runway access to Phoenix Mesa-Gateway Airport, the hub of Phoenix’s up-and-coming aerospace corridor. Although the property is currently 100 percent vacant, it is being acquired by an investor with an expected commitment for… Read More →

SimonCRE purchases retail building from Los Olivos Norte

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Commercial real estate developer SimonCRE purchases a +/- 7,000 SF retail building from a popular Scottsdale restaurant located within the Sonora Village Shopping Center. The building is located at 15544 N. Pima Road in Scottsdale, just off Frank Lloyd Wright and the Loop 101 in Scottsdale, AZ. After nearly 20 successful years in business, Los… Read More →

Capital One provides an $11.9 million Freddie Mac loan

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Capital One has announced that it has provided an $11.9 million Freddie Mac fixed-rate loan to refinance Catalina Village, a 376-space, all-age manufactured housing community (MHC) in Phoenix, Arizona. Damon Reed, Senior Vice President and Capital One’s Director of MHC Finance, originated the transaction. The key principal is a repeat customer of both Capital One and… Read More →

Sky Harbor offers July 4th travel tips

nonstop jet service

The busy summer travel season continues, and July 4 will see about a 15 percent increase in passenger traffic at Phoenix Sky Harbor International Airport. The busiest travel days will be Wednesday and Thursday before the holiday and Sunday, July 5. America’s Friendliest Airport® is offering the following travel tips: Convenient Parking at a Discount… Read More →

ACA announces spring Innovation Challenge winners

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The Spring 2015 round of the Arizona Innovation Challenge culminated today as the Arizona Commerce Authority (ACA) announced the six winning companies. These grant recipients represent early-stage Arizona companies that are creating innovative technological solutions with the potential for significant economic impact.  The Spring 2015 Arizona Innovation Challenge Grant Recipients are: • CampusLogic – Gilbert, AZ… Read More →

Phoenix ranked No. 1 for energy efficiency

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The American Council for an Energy-Efficient Economy has ranked Phoenix the Number 1 big-city local government in the nation for energy efficiency. The Council lauded the city for achieving its 2015 goals for reducing greenhouse gas emissions in local government operations and then resetting its targets to be even more stringent. The City of Phoenix… Read More →

How will overtime expansion impact Arizona business?

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The Department of Labor announced plans Tuesday to expand overtime guarantees to about 5 million salaried workers who are not now covered, including an estimated 100,000 white-collar workers in Arizona. The proposed rule would more than double the threshold at which a salaried worker has been ruled ineligible for overtime pay, from the current $23,660… Read More →

Arizona Central CU teams up with Suns, Mercury

Shannon Brown

Arizona Central Credit Union has announced the signing of a multi-year marketing partnership agreement with the Phoenix Suns and Mercury basketball teams.  The NBA and WNBA teams play home games at the US Airways Center in Phoenix.  Also headquartered in Phoenix, Arizona Central Credit Union serves more than 55,000 members across Arizona with locations in… Read More →

Luxury homes set for Scottsdale Arts District

Scottsdale Arts District, Old Town Scottsdale, Photo: Maile Rudebusch

The Downtown Scottsdale Arts District is getting a stylish new neighbor. In fact, they’re getting six new neighbors as part of a new collection of contemporary single-family luxury homes now under construction in the heart of the bustling arts scene. Designed by renowned architect John Douglas, each luxurious, well-appointed residence is designed to fit the… Read More →

Is your mobile app putting customers at risk?

123rf.com: bloomua

Mobile apps are becoming big business for businesses. Many bank customers now check their account balances or transfer funds through an app on their cell phones. Savvy retail shoppers can use a favorite store’s apps to learn about discounts, access coupons and find daily deals. “The apps for financial institutions and retailers are getting greater… Read More →

AZRE Forum enlists industry leaders for panels

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AZ Big Media is hosting prominent Arizona commercial real estate professionals at its inaugural AZRE Forum, a mid-year industry update and forecast. “AZRE is the leading commercial real estate magazine in the Valley,” says editor Amanda Ventura. “The AZRE Forum is a new way for AZ Big Media and AZRE to reach its readership and… Read More →