arizona Archives

Kingman hotel sells for $7.1M

Kingman hotel
by in AZRE Magazine | Hospitality

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Best Western Plus Kings Inn & Suites, a 100-room hotel property located in Kingman, Arizona. The asset sold for $7,100,000, according to Todd Manning, sales manager of the firm’s Las… Read More →

Skepticism and excitement in Tucson over potential hockey team


Hockey in the desert may be continuing to grow. On Tuesday, the Arizona Coyotes announced plans to purchase their American Hockey League affiliate, the Springfield Falcons, and move the team from Massachusetts to Tucson, pending approval of the league’s board of governors. The announcement said the relocated team would play at the Tucson Convention Center,… Read More → says Gilbert is biggest boom town

downtown Gilbert AZ® today released its list of America’s Top ‘Boom Towns’. Led by Gilbert, Ariz. (85297); Los Angeles (90012), and Dallas (75201), these neighborhoods are striking it rich when it comes to new home construction, job creation and an increasing number of households – the gold mine for housing market growth. “The strength of the residential… Read More →

Could downtown Phoenix survive without D-backs?

The Arizona Diamondbacks have called Chase Field home since 1998. (Photo By Blake Benard/Cronkite News)

Call it the Arizona Diamondbacks effect. Eighteen years ago the major league baseball team moves into new stadium digs, known as cutting edge for its retractable roof and acknowledged as an economic magnet for the businesses built on blocks surrounding the facility in downtown Phoenix. The team, whose downtown neighbors include the Phoenix Suns pro… Read More →

Arizona regulations, taxes boost economic outlook

Economic Development , 8 honored

Lower taxes, fewer regulations and right-to-work laws helped push Arizona toward the top of a report this week ranking states on their economic outlook. The annual “Rich States, Poor States” study, released Tuesday by the conservative American Legislative Exchange Council, put Arizona in fifth place for the second year in a row in its report… Read More →

Arcadia Village Shopping Center sells for $19.65M

Arcadia Village Shopping Center
by in AZRE Magazine | Retail

Cushman & Wakefield announced Tuesday the purchase of Arcadia Village Shopping Center, a CVS pharmacy-anchored, retail center located on the southwest corner of Camelback Road and 40th Street for $19.65 million. The shopping center is located in Phoenix’s Arcadia neighborhood. Cushman & Wakefield Executive Managing Directors Ryan Schubert and Michael Hackett represented the seller, Arcadia Retail, LLC. “Arcadia… Read More →

Arizona unemployment rate drops to 5.4%


Arizona’s seasonally adjusted unemployment rate dropped one-tenth of a percentage point from 5.5 percent in February to 5.4 percent in March, according to the Arizona Office of Employment and Population Statistics. The U.S. seasonally adjusted unemployment rate increased from 4.9 percent in February to 5.0 percent in March, according to the report released Thursday. A year… Read More →

Officials pan Trump plan to pressure Mexico

Trucks CrossingBorderat Nogales

President Barack Obama appeared to speak for much of official Washington when asked about GOP presidential candidate Donald Trump’s plan to freeze remittances in an effort to pressure the Mexican government to put billions toward a border fence. “Good luck with that,” Obama said Tuesday, noting the difficulty of tracking money transfers from millions of… Read More →

Author of Phoenix ‘brain drain’ revises numbers

Bennett Dwosh, a recent Arizona State University graduate, said being at the bottom of a list of cities to work after graduation would cause concern. (Photo courtesy of Bennett Dwosh)

A study analyzing which metropolitan areas retain their university graduates the most has come under fire after the Phoenix metro area landed in the basement of the rankings. Officials with the Maricopa Association of Governments and the Arizona Commerce Authority fought back, and the study’s author has revised the numbers. Jonathan Rothwell, a fellow at… Read More →

Hotel Valley Ho launches hot deals, selfie contest

Mark Boisclair Photography, Inc.

Enjoy the ultimate summer stay at the hip Hotel Valley Ho in Downtown Scottsdale with cool deals, the Summertime Selfie Contest, and live music poolside. The Stay2Play Package starts at $149 nightly, including a $50 daily resort credit, two welcome drinks, upgraded internet, and a special gift upon arrival. Or, book a stay of three nights… Read More →

St. Joseph’s lung transplant program jumps in rankings


Dignity Health St. Joseph’s Hospital and Medical Center has jumped to No. 2 in the nation for the amount of lung transplantations preformed in 2015. Now only outranked by one facility, St. Joseph’s transplant team at its Norton Thoracic Institute has completed more than 450 lung transplants to date, including an impressive 93 last year. … Read More →

TGen tackles Valley Fever, one dog at a time


Valley Fever, a disease caused by a fungus in Arizona’s dust, not only affects people, but can also affect their pets. A new study launched by the Translational Genomics Research Institute (TGen) invites pet parents to share information about their dogs to better understand the disease through an effort called Valley Fever PAWS. To help, pet… Read More →

The next generation of Contour launches in Arizona

contour2-ondemand copy

After the successful completion of customer and employee trials, today, Cox Communications announced the launch of Contour 2 to its customers in Arizona. The new Contour is the latest version of Cox’s premier video product that leverages the X1 platform from Comcast. In addition to the television, the cloud-based interface will be available on a… Read More →

Guns N’ Roses will play in Glendale


Following months of intense rumor, speculation and feverish excitement from rock music fans around the world, Guns N’ Roses confirmed today they will embark on a massive North American summer stadium tour as founder Axl Rose and former members, Slash and Duff McKagan regroup for what will be one of the century’s most anticipated musical… Read More →