Business News Archives

New Surprise College Spotlights Health Information

The College of St. Scholastica has opened its first venue in Arizona at the Communiversity @ Surprise, a higher education center at 15950 N. Civic Center Plaza in Surprise. The Communiversity, which opened in 2009, is a partnership among six schools: Glendale Community College, Phoenix College, and Rio Salado College (all part of the Maricopa… Read More →

CBRE to Market Liberty Center at Rio Salado in Tempe

by in Brokerage | Business News

CBRE has been awarded the marketing assignment for the +/- 800,000 SF office portion of Liberty Center at Rio Salado, the ±1 million-square-foot, mixed-used project being developed by Liberty Property Trust. The ±100 acre property will focus on high-performance buildings with a sustainable design at the northwest corner of Rio Salado Parkway and Priest Drive… Read More →

De Rito Partners Announces New Land Development Entity

by in Business News

Commercial retail brokerage firm De Rito Partners announced the addition of its newest entity, De Rito Land Development, LLC, a commercial land development company specializing in new grocery-anchored and other commercial neighborhood shopping centers. De Rito Land Development will focus on land acquisition and commercial development to include negotiating joint venture agreements, developing retail shopping centers… Read More →

REIAC Forms Alliance with MRED Program at W. P. Carey School of Business

by in Associations | Business News

The Southwest Chapter of REIAC, an organization of real estate executives involved in developing, acquiring and/or financing real estate, has formed a partnership with Arizona State University’s Masters of Real Estate Development (MRED) program at the W. P. Carey School of Business. REIAC has provided $5,000 in scholarships for the 2013-14 academic year and recently… Read More →

Café Rio Leases Space at Santan Village

by in Brokerage | Business News

SRS Real Estate Partners announced that Café Rio, a fresh Mexican food restaurant, has leased a 3,300-square-foot space located at the southwest corner of Santan Village Parkway and Loop 202 in Gilbert, Ariz, their fourth location in the valley.  Café Rio uses inspired recipes and traditional cooking of Northern Mexico’s Rio Grande, Southern Texas, and… Read More →

California Developer Enters Phoenix Market With $6.95M Industrial Buy

by in Brokerage | Business News

Overton Moore Properties (OMP), a Gardena, Calif.-based development company purchased a 127,680 SF warehouse facility at Freeport Center, 420 S. 53rd Ave., Phoenix for $6.95M ($54.43 PSF). The price included a 2.09 acre site adjacent to the building. The recently closed transaction marks Overton Moore’s entry into the Phoenix commercial real estate market. OMP acquired… Read More →

Cushman & Wakefield Awarded USA Place Leasing Assignment

by in Brokerage | Business News | Newsmakers

Cushman & Wakefield of Arizona, Inc. has been awarded the exclusive retail leasing assignment of 180,000 SF at USA Place, a 10.7-acre mixed-use development that will serve as the new home of USA Basketball. “This project will be a draw to a diverse group of consumers,” said Summer Jackson, associate director with Cushman & Wakefield’s… Read More →

Rural/Metro Corp. Selects Pima Office Pavilion in Scottsdale for HQ

by in Brokerage | Business News

Transwestern announced Wednesday it brokered a long-term lease with Rural/Metro Corp. for 90,500 SF of Class-A space in the Pima Office Pavilion. The Scottsdale-based provider of private ambulance and fire protection services in 21 states and nearly 700 communities will establish its new national headquarters at the Pavilion, located at 8465 N. Pima Rd. “Rural/Metro… Read More →

Lovitt & Touché Launches Private Healthcare Exchange

by in Business News | Events | Healthcare

Lovitt & Touché today announced the launch of ClearPath Prime, a newly designed private exchange that allows employers to manage the selection of employee healthcare benefits. An industry leading technology platform, ClearPath Prime is designed for employers to customize a menu of benefit options, allowing employees the flexibility of determining the plan that best suits… Read More →

Banner Health completes acquisition of Casa Grande hospital

Banner Health and Regional Care Services Corporation, the parent company of Casa Grande Regional Medical Center (CGRMC), have signed an Asset Purchase Agreement (APA), an important milestone that moves the acquisition process of Casa Grande Regional Medical Center by Banner forward. The APA describes the financial details of the acquisition. The completion of the APA… Read More →

Discount LPGA tix benefit local hospitals

by in Business News | Events | Sports

The LPGA Founders Cup has teamed up with Scottsdale Healthcare to donate 100 percent of proceeds to charity from Good Any Day Tickets and Weekly Badges purchased through for the LPGA Founder’s Cup, March 18-23 at Wildfire Golf Club at the JW Marriott Desert Ridge Resort and Spa. The charity ticket program offers a… Read More →

Gore Launches Expanded Treatment Portfolio

W. L. Gore & Associates, Inc. (Gore) has announced the Australia and New Zealand launch of an expanded treatment range, including lower profile components for the GORE® EXCLUDER® AAA Endoprosthesis used to treat abdominal aortic aneurysms (AAAs). The 31 mm trunk-ipsilateral component and 32 mm aortic extender will be used with an 18 Fr and… Read More →

Squire Sanders' Crabb Earns All-Star Status


Squire Sanders announced that Phoenix-based Partner Joe Crabb has been selected, for the second year in a row, by corporate counsel to the 2014 BTI Client Service All-Stars list. This recognition is awarded to lawyers in the US who differentiate themselves from all others, through excellence in client service. Joe is one of only 56… Read More →

DAUM Commercial Real Estate Release Recent Transactions

by in Brokerage | Business News

DAUM sells Southern Gardens Industrial Park DAUM Commercial Real Estate Services announced that it represented the seller, RJK Realty LLC, in the sale of a 28,918 SF industrial building located in Phoenix. Steve Bodeman of DAUM’s Phoenix office represented the seller in this $1.3M transaction. The building is located at 5225 S. 31st Place in… Read More →