Arizona Market Archives

Mutual of Omaha Bank opens Scottsdale location

mutual of omaha

Mutual of Omaha Bank will officially open the doors to its newest full-service location in Scottsdale on Monday, Nov. 16, Arizona Market President Kevin Halloran announced. Strategically located at 7373 North Scottsdale Rd., Suite A195, the location will feature a retail banking center, as well as space to accommodate a newly expanded commercial team that… Read More →

Construction employment stalls in August

by in Construction

Construction employment stagnated in August, while the industry unemployment rate fell and a majority of companies reported difficulty finding workers, according to an analysis of new government data and an industry survey by the Associated General Contractors of America. Association officials called for education and immigration reform measures needed to ensure an adequate supply of… Read More →

Cooper, Cardinal and Company sell apartment complex

by in Business News

Cooper, Cardinal and Company LLC, a boutique multi-family investment brokerage firm with headquarters in Phoenix, Arizona, recently closed the transaction for Rossmore Apartments, an 26-unit multi-family community located in Glendale, Arizona near Westgate City Center and Historic Glendale District. The sale price of $635,000 represents a capitalization rate of 7.10% on Proforma income. It equates… Read More →

De Rito Partners Announces Recent Transactions

SanTan Village Furniture Center photo - August deals
by in Business News

New bike shop opening in Tempe The Pedal Bike Shop signed a lease for 3,763 square feet at 405 W. University Drive, near the Arizona State University campus. The shopping center is located at the southeast corner of University Drive and Wilson Street in Tempe. De Rito Partners’ brokers John Palmieri and Chris Corso represented… Read More →

Metro North Corporate Park Signs 2 New Leases

by in Business News

Metro North Corporate Park recently signed the following two new Leases at their 13450 N. Black Canyon Highway facility in Phoenix, Arizona. The State of Arizona signed a 30,000 s.f. five-year Lease and will be utilizing the space for its Department of Economic Security – Child Protective Services Division.  The space will be used primarily… Read More →

Construction Spending Rises 0.6 Percent in July

Bernards & Construction

The nation’s builders were busy in July as construction spending increased 0.6 percent to $900.8 billion—the largest upswing in four years—according to the Sept. 3 report by the U.S. Commerce Department. Nonresidential construction spending also rose 0.6 percent in July, but is down 0.8 percent compared to one year ago. Private nonresidential construction spending grew… Read More →

Deloitte LLP Names New Managing Principal Of Its Phoenix Office

Deloitte-Jonas McCormick
by in Finance | Workforce

One of the largest accounting and consulting organizations in Arizona, Deloitte LLP, named a new managing principal of its Phoenix office Nov. 15. Jonas McCormick, principal, Deloitte Consulting LLP, is now managing principal of Deloitte’s Phoenix office. McCormick succeeds Michelle Kerrick, who was recently appointed managing partner of Deloitte’s Los Angeles office. After graduating from… Read More →

First Job: Mark El-Tawil, President of Arizona Market, Humana Inc.

Tawil in front of Kmart

Mark El-Tawil President, Arizona Market, Humana Inc. Describe your very first job and what lessons you learned from it. My first job was as a pre-opening stock clerk at Kmart. It was in the small town where I grew up and went to college, and Kmart was about the only place an unskilled worker like… Read More →

Best of the Best Awards 2009: Retail

Scottsdale Fashion Square - Best of the Best Awards 2009 presented by Ranking Arizona
by in Events

Retail Honoree Shopping Centers Scottsdale Fashion Square Scottsdale Fashion Square is the premier luxury center in the Southwest, attracting visitors who seek elegance, quality and sophistication. An unparalleled retail experience, Scottsdale Fashion Square has a unique style and atmosphere that make it Arizona’s epicenter of elite and exclusive brands. Comprised of more than 225 shops… Read More →