January 2009 Archives

68-Unit Apartment Community in Mesa Sells for $4M

by in Brokerage | Business News

    Cassidy Turley completed the sale of Country Club Greens, a 68-unit apartment community on 2.4 acres at 350 W. 13th Place in Mesa for $4M. The buyer was Clear Sky Capital CCG L.P. of  Phoenix and the seller was California Bank & Trust. Executive Vice Presidents David Fogler and Steven Nicoluzakis with Cassidy… Read More →

Could The Current Real Estate Mess In Arizona Have Been Prevented?

Charles Miscio, a senior vice president at Colliers International

A few short years ago, when Arizona’s residential market was really cooking, Charles Miscio was getting his teeth cleaned when his dental hygienist made an ominous comment: She owned eight houses and was renting them out to investors, speculators and anyone in between. “It seems like everyone got caught up in that irrational thinking,” says… Read More →

Jeff Roberts – Vice President Of Real Estate Development At Opus West

Jeff Roberts Opus West

About 10 years after its Phoenix headquarters opened in 1979, Opus West came up against a major recession in the Valley. It survived that test and is weathering today’s economic downturn with the same tactics. A division of the Minneapolis-based Opus Group real estate development company, Opus West is going head-to-head with Arizona’s moribund economy… Read More →

Workers’ Compensation Laws Provide Protection For Employers And Employees

Workers' compensation laws for injured employees/employers

Workers’ compensation insurance is like an old sweater — it’s there when you need it, but you may not think about it much until that time comes. However, it’s not a bad idea to pull it out every now and then to make sure it still fits. Here are some points to keep in mind… Read More →

Craig Jackson – CEO Of Barrett-Jackson

Craig Jackson of Barrett Jackson

When Craig Jackson took control of his family’s business, Barrett-Jackson, following the death of his father and brother in 1993 and 1995, respectively, he inherited a company that took in $15 million from one automobile auction. He was ready for the challenge, however, having grown up in the business and working in various roles. Today,… Read More →

Ensemble DevMan Of Arizona Aims To Benefit Medical-Office Clients

Ensemble DevMan

Medical real estate developers Ensemble Real Estate Services and DevMan Company have joined forces to become Ensemble DevMan of Arizona. The union was official Nov. 1. Ensemble DevMan specializes in medical office development, management, leasing and brokerage — a combination of each firm’s services before the merger. The new company has 110 employees and the… Read More →

Arizona Greens Brings Artificial Turf To Arizona

Susie Baldwin of Arizona Greens

Arizona Greens Don Baldwin, founder and president Susie Baldwin, founder and COO Est. 2005 Taking the plunge to open your own business is always a difficult endeavor, but for Don and Susie Baldwin, the leap turned into a wildly successful venture with Arizona Greens. In fact, in 2005, only three months after launching their synthetic… Read More →

Susan Edwards – President Of The Arizona Region At Banner Health Systems

Susan Edwards - Banner Health

The health care industry remains a bright spot in Arizona’s dismal economic landscape, with Banner Health shining among the very brightest. Headquartered in Phoenix, the not-for-profit health system has 12 hospitals in the Valley and is the second-largest employer in Arizona behind Wal-Mart with more than 26,000 full-time employees. Banner’s Arizona region President Susan Edwards… Read More →

Southern Arizona Trying To Set The Stage For A Post-Recession Surge

Tucson, Arizona

Like the rest of the state, Southern Arizona has been in a recession since 2007, and at least one prominent economist says the situation won’t be getting better anytime soon. “My forecast is that it’s going to take a while to get (credit markets) straightened out again and functioning as they should,” says Marshall Vest,… Read More →

New Group Aims To Boost International Business Growth In Arizona

Globe, International Business Growth in Arizona


Bob McGee – President And CEO, Southwestern Business Financing Corporation

Bob McGee Southwestern Business Financing Corporation

Fourth generation banker Bob McGee, president and CEO of Southwestern Business Financing Corporation, sees a rough year ahead for small businesses in Arizona. When McGee says rough, he means rough compared to Arizona’s customary booming economy. “We may only have 2 to 3 percent growth in the state, but as long as we have water… Read More →

Steven Lockard – President And CEO, TPI Composites

Steven Lockhard TPI Composites
by in AZ Business Magazine | Green | Tech

When the goal is to carve out a spot on the cutting edge of green-energy technology, it helps to be in the business of making blades. That’s the case with TPI Composites Inc., a privately held company now headquartered in Scottsdale that devotes a significant portion of its business to manufacturing massive wind-turbine blades used… Read More →

Cloud Computing: Better, Faster, Cheaper?

Cloud Computing

Cloud computing is the latest buzzword in information technology (IT), and depending on who you talk to, you will get a different answer as to what exactly cloud computing really means. Some refer to cloud computing as SaaS (Software as a Service), utility computing, managed services, Web services, outsourcing, etc. The term is so hot… Read More →

The Recession In Arizona And The Nation Could Drag On For Another Year

Dark Days: Recession in Arizona

Winters in Arizona may be sunnier than other places, but the economy in the Grand Canyon State has cooled faster than almost every state. Analysts expect 2009 to bring even more bad economic news, and it is likely that the monthly reports on job growth and unemployment will be downright chilling for some time to… Read More →