Business News Archives

2014 Ranking Arizona Platinum Hall of Fame Inductees

bob-header

On April 03, the 2014 Best of the Best Awards celebration was held at The Venue of Scottsdale where Ranking Arizona recognized the companies that Arizona’s public ranked as their favorites to do business with. Congratulations to the 2014 Ranking Arizona Platinum Hall of Fame inductees: Brycon Construction Category: Manufacturing/Technology: Cleanroom Design Principal(s): Bryant W.… Read More →

Bill would make corporate tax credits public information

Get more cash
February 19, 2014 by in Business News | Featured

A House committee has approved a bill that would make some tax credits claimed by corporations public information. House Bill 2586 would require the state Department of Revenue to submit an annual report detailing the names of companies who get corporate credits of $5,000 or more and to make that report public. Republican bill sponsor… Read More →

Phoenix-area Housing Market Officially in Slowdown

Sandra Wilken Luxury Properties

Expect those big price increases we’ve seen for Phoenix-area homes to slow down, possibly even stop or reverse a little this year. A new report from the W. P. Carey School of Business at Arizona State University predicts two-plus years of large gains to come to an end in 2014. The latest data for Maricopa… Read More →

Was Dumb Starbucks Smart?

Nathan Fielder
February 17, 2014 by in Business News | Featured | Legal

Comedian Nathan Fielder created a media stir, and long lines, when he opened a coffee shop called Dumb Starbucks. The establishment was quickly closed down for not having a permit. In the short time that the shop was open, legal commentators everywhere speculated about whether Starbucks would sue for trademark infringement, and if it did,… Read More →

Business Customers Rank SRP Highest in West

energy.bill
February 13, 2014 by in Business News | Energy

In a report issued today by J.D. Power, Salt River Project ranks highest in customer satisfaction for business electric service among large electricity providers in the West Region for the fourth time in five years. SRP’s overall customer satisfaction index is 713 out of a possible 1,000 points in the 2014 Electric Utility Business Customer… Read More →

Miller Russell Associates launches rebranding

89444261

One of the Valley’s leading independent investment and wealth management advisors, Miller Russell Associates, has rebranded to align with the new dynamic, energy and culture that exists in the firm after becoming independent and partner-owned. This proactive initiative includes a name change from “Miller/Russell & Associates” to “Miller Russell Associates.” CEO and Managing Partner Mark… Read More →

14 New Domain Extensions Available at GoDaddy

online
February 13, 2014 by in Business News | Small Biz | Tech

GoDaddy, the world’s largest domain name registrar, launched seven new domain name extensions today, giving people more choices when it comes to finding the right online name. Today’s launch, featuring popular names like .GURU and .PHOTOGRAPHY, brings the total of new generic top-level domain name extensions, or gTLDs, available at GoDaddy.com to 14. The new… Read More →

TEP Recognizes Energy Efficiency Partnerships

clear energy systems coming to tempe
February 13, 2014 by in Business News | Energy | Green

Tucson Electric Power (TEP) has recognized customers and other community partners with TEP BrightEE Awards for energy savings achieved through the company’s successful energy efficiency (EE) programs. The inaugural TEP BrightEE Awards were presented today to local nonprofit organizations, school districts, small businesses and homebuilders. Several BrightEE (pronounced ‘brighty’) recipients are customers who reduced their… Read More →

Chalk One Up for the Grand Canyon

Grand Canyon - AZ Business Magazine Mar/Apr 2011

Don’t miss your chance to experience one of the Seven Natural Wonders of the World right on the streets of Los Angeles, California (L.A.)! The Arizona Office of Tourism (AOT) is promoting travel to Arizona, LAtoAZ.com, and has commissioned chalk artist Tracy Lee Stum, one of the world’s foremost 3D street painters, to capture the… Read More →

Winnresidential Adds Apartment Portfolio in Arizona

Winn
February 12, 2014 by in Brokerage | Business News

WinnResidential, the property management arm of WinnCompanies, announced today that it has assumed management responsibilities for Highridge Costa Investors, a leading developer and asset manager, at six of their multifamily communities in the state of Arizona. As a part of this partnership, WinnResidential will take over the property management, maintenance and leasing for all six… Read More →

CBRE Negotiates 1.86-Acre Tempe Land Sale for $6.1M

universityandash, cbre, web
February 12, 2014 by in Brokerage | Business News

CBRE has negotiated the sale of a ±1.86-acre land parcel at the NWC of University Drive and Ash Avenue in Tempe, Ariz. The property, which commanded a sale price of $6.1M, is the planned site for a mixed-use development that will include a popular grocer as well as multi-family residential. Barry Gabel and Chris Marchildon… Read More →

McCarthy Selected as General Contractor for OdySea Aquarium

OdySea, WEB

McCarthy Building Companies was recently selected as general contractor for the OdySea Aquarium, a new Scottsdale-based attraction slated to break ground summer of 2014 and open in the fall of 2015 at Via De Ventura and the 101 in Scottsdale at the Salt River Pima-MaricopaIndian Community, adjacent to Butterfly Wonderland and the Odysea Mirror Maze.… Read More →

Cushman & Wakefield National Property Tax Service Group Expands to Phoenix

MaryVaughn, WEB
February 11, 2014 by in Business News | Newsmakers

Cushman & Wakefield announced the expansion of its National Property Tax Service group, adding Phoenix-based coverage of the Southwest. Mary Vaughn has been hired as Director of Property Tax Services in the Phoenix office. She will lead the property tax function for the company’s existing client base, as well as focus on business development opportunities,… Read More →

Fennemore Craig Elects New Directors in Phoenix

February 11, 2014 by in Business News | Legal

Fennemore Craig, a leading Mountain West regional firm, has announced the promotion of Michelle Jager and Patrick Irvine as directors in the firm’s Phoenix office. “It is an honor to congratulate Michelle and Pat on their dedication to our clients, the community and their continued commitment to excellence,” said Tim Berg, managing partner of Fennemore… Read More →

Ice Den Chandler Announces a $3 Million Upgrade

February 11, 2014 by in Business News | Sports

Ice Den Chandler, soon-to-be Arizona’s next premier skating venue, today announced an estimated $3 million repair, renovation and revitalization project to begin this spring at the two-rink facility recently purchased by Coyotes Ice. During the pre-purchase inspection process, it was determined that the Chandler facility, like the other Polar Ice locations, was in severe disrepair… Read More →

Ice Den Chandler Announces $3M Repair and Renovation Project

Ice Den
February 10, 2014 by in Business News

Ice Den Chandler today announced an estimated $3M repair, renovation and revitalization project to begin this spring at the two-rink facility recently purchased by Coyotes Ice. During the pre-purchase inspection process, it was determined that the Chandler facility, like the other Polar Ice locations, was in severe disrepair and in need of major reconstruction to… Read More →

Wetta Ventures Sells Phoenix Neighborhood Retail Center for $12.2M

Scott Sandler Photographic
February 10, 2014 by in Brokerage | Business News

Camelback East Shops, a 25,150 SF neighborhood retail center at 3225 E. Camelback Road in Phoenix, has sold for $12.2M or $485 per SF. The sale price posted a cap rate of 5.65%. The Jan. 30 closing was led by David Wetta and Paul Salinas of Wetta Ventures. The buyer was Arizona-based Hannay Realty Advisors… Read More →

OneTrust Leases 5,900 SF at Chandler Corporate Center

Chandler Corporate Center, WEB
February 10, 2014 by in Brokerage | Business News

The Rockefeller Group announced today that OneTrust Home Loans / OneTrust Senior Lending has signed a lease for approximately 5,900 SF of office space at Chandler Corporate Center. The 67,140 SF, Class-A speculative office building, developed in 2009, is now 84% leased.  Chandler Corporate Center is a master-planned business park at the northwest corner of… Read More →

GPE Philanthropy Provides Critical Supplies to Valley Nonprofits

Backpacks, GPE, WEB
February 10, 2014 by in Business News

Twenty-thirteen marked GPE Companies’ 40th anniversary, and to celebrate, the company mounted a yearlong campaign of giving, called 40 for 40. The effort resulted in a cornucopia of critical supplies delivered to multiple Valley charities. “The community has supported us wholeheartedly throughout GPE Companies’ 40 years, and we’re grateful for the opportunity to give back,”… Read More →

Arizona Mills Food Court Gets a $4M Makeover

Arizona Mills
February 10, 2014 by in Business News | Construction

Ideation Design Group, an award-winning, Phoenix-based interior architecture and design firm, is close to completing its multimillion-dollar remodel of the food court at Arizona Mills in Tempe. The makeover of the 40,000 SF dining area is set to finish in March. The IDG team started the project last spring. They are transforming the food court… Read More →

McCarthy Building Cos. Completes APS Hyder II Solar Facility

APS Hyder II, WEB

McCarthy Building Companies recently completed the installation of a large-scale solar project called Hyder II for Arizona Public Service (APS), which owns and operates the plant. Located on 240 acres in eastern Yuma County, Hyder II uses more than 71,000 single-axis tracking photovoltaic panels to generate 14 megawatts (MW) of solar energy, enough to serve… Read More →

Lincoln Hospitals Honored for Excellence in its EHR

healthcare

Because access to timely, accurate medical information plays a major role in promoting and preserving high quality patient care, John C. Lincoln Hospitals are honored to be nationally ranked near the pinnacle of electronic health records (EHR) implementation and application, according to Robert Slepin, chief information officer of the Scottsdale Lincoln Health Network. HIMSS Analytics,… Read More →

AIGA's Spicer Was Featured Speaker in London

Valerie Spicer, Executive Director Arizona Indian Gaming Association (AIGA), was a featured panelist at ICE Totally Gaming seminar, “Opportunities in Indian Country” on Wednesday, February 5, 2014, in London, UK.  The seminar is co-produced by ICE Totally Gaming and Victor Rocha of PECHANGA.net in cooperation with Clarion Gaming’s Ewa Bakun.  Spicer is featured on the… Read More →

Phoenix Rescue Mission Names New Board Members

How to Keep Employee Morale Up
February 10, 2014 by in Business News | Nonprofit

Phoenix Rescue Mission announced its new board chair and board of directors for 2014 during its most recent board meeting held on Jan. 16. Mary O’Hanlon will serve as board chair alongside the 14-member board, including three newly elected members. Since 1952, Phoenix Rescue Mission has been providing Christ-centered, life-transforming solutions to persons facing hunger… Read More →