Tag Archives: Tucson

Arizona Commerce Authority awards grants to innovators

The Arizona Commerce Authority (ACA) today announced the six winning companies in its Fall 2014 Arizona Innovation Challenge (AIC). These grant recipients represent innovative Arizona entrepreneurs who are creating technological solutions with the potential for global impact.

The Fall 2014 Arizona Innovation Challenge Grant Recipients are:

·       Iris PR Management – Phoenix, AZ (IT – Software): Iris PR Management is the developer of the first core management system for the public relations industry. The SaaS platform enables PR teams to manage and automate all of their daily activity, streamline efficiencies, measure performance and prove value. No other software solution for the PR industry addresses these core needs.

·       Iron Horse Diagnostics, Inc. – Scottsdale, AZ (Bio & Life Sciences): Iron Horse Diagnostics is the creator of a diagnostic platform for neurological traumas and diseases. The company’s tests support the diagnosis and management of amyotrophic lateral sclerosis (ALS), referred to as Lou Gehrig’s disease, as well as traumatic brain injury, concussions and other neurological diseases.

·       NuvOx Pharma – Tucson, AZ (Bio & Life Sciences): NuvOx Pharma is the creator of a therapeutic biotechnology for improving oxygen delivery in the bloodstream to help treat life threatening conditions, including radiation-resistant cancers. The nanotechnology platform is based on dodecafluoropentane (DDFPe) nano-emulsion, which transports hundreds of times more oxygen per dose than other materials.

·       Park Genius – Tucson, AZ (IT-Software): Park Genius is the developer of a mobile application allowing motorists to conveniently pay for parking using their smartphone. The software solution also gives parking providers a cost-efficient way to process cashless payments for their parking operations and avoid the need to purchase new and expensive hardware designed to accept credit cards.

·       Pure Chat – Scottsdale, AZ (IT-Software): Pure Chat is the developer of a live chat solution for websites that helps businesses connect to their customers from anywhere.

·       Spotlight Software – Peoria, AZ (IT-Software): Spotlight Software is the developer of a SaaS-based sales performance management platform. It is the only remote sales performance optimization tool that tracks and measures individual behavior and soft skills to drive the actionable insight required to build a high-performance sales team.

A panel of expert judges evaluated 154 applications from the Fall 2014 AIC submitted by companies based in Arizona, California, Colorado, New Mexico, Ohio, West Virginia and Virginia. The judges assessed each application on a set of criteria including technology potential, marketing strategy, quality of management team and economic impact. These companies represent high-value industry sectors that include IT software, IT hardware, bio and life sciences, cleantech/renewable energy, advanced materials, advanced manufacturing, and aerospace and defense.

“Congratulations to our newest AIC winning companies. They demonstrate the innovative spirit and next-generation thinking that make Arizona one of the top hubs for entrepreneurial excellence in the nation,” said Sandra Watson, President and CEO, Arizona Commerce Authority.

Under the Arizona Commerce Authority, seven rounds of the AIC have been completed and more than 1,200 applications received for the program since 2011. Including the Fall 2014 recipients, the ACA has awarded 44 AIC grants to Arizona’s entrepreneurs to help them accelerate their businesses and advance technologies, which are diversifying Arizona’s innovation economy.

Jane Poynter, CEO of Tucson-based World View Enterprises, a Spring 2014 AIC grant recipient knows the importance of Arizona’s support of its startup community. Her company develops and manufactures high-altitude balloon technology that provides trips to near space for tourism, R&D and industry uses. World View’s unmanned balloons carry payloads for communications, surveillance, research, and launching microsatellites.

“Winning an AIC award last spring represented a key milestone for our company as well as for our relationship with Arizona,” said Poynter. “We are using our grant to begin standing up our balloon manufacturing facility. It is a key enabler for our company, and affirms that Arizona is interested in supporting innovation and the creation of manufacturing jobs in the state.”


Tucson’s Carondelet St. Joseph’s Hospital makes history

Carondelet St. Joseph’s Hospital and its Joint Replacement Center have accomplished something no other hospital in the United States has to date. All four total-joint replacement programs offered at St. Joseph’s—knee, hip, ankle and shoulderwere awarded the Gold Seal of Approval® by The Joint Commission, the nation’s oldest and largest standards-setting and accrediting body in health care.

“As the prevalence of joint replacements grows along with our aging population, it is that much more important for patients to be confident in the safety and quality of the hospital they want overseeing their procedure and care,” said Dr. George Bradbury, an orthopedic surgeon with the Carondelet Joint Replacement Center and Chief of Staff at St. Joseph’s Hospital.

Added Dr. Edward Berghausen, medical co-director of the Joint Replacement Center, “Patients want to know not just that their surgeon is qualified, but that their care is safe. Wouldn’t you want to know your surgeon has one of the lowest rates of infection in the country? We’re putting our results out there for everyone to see.”

To earn certification, Carondelet St. Joseph’s underwent a rigorous on-site review, during which Joint Commission experts verified its commitment to:

  • Use evidence-based, standardized care designed for joint replacement patients, including those with other chronic conditions
  • Provide education about the procedure for patients and their families/caregivers
  • Collect and submit data regularly on patient outcomes

“Certification is a voluntary process and I commend St. Joseph’s Hospital for successfully undertaking the challenge to meet our criteria and, in receiving certifications, instill confidence in the Tucson and Southern Arizona community,” said Michele Sacco, M.S., interim executive director, Certification Programs.

“This accomplishment is well-earned and means something very special to the entire hospital staff and certainly to the patients and their families who place their trust in us,” said Tony Fonze, president and CEO of Carondelet St. Joseph’s Hospital.

The Carondelet Joint Replacement Center at St. Joseph’s Hospital opened in 2013, and is still the only program in Southern Arizona to offer inpatient pool therapy. Patients who have gone through the Joint Replacement Center experience outcomes that often exceed national averages, such as lower rates of infection and improved functional ability after surgery.

An Aerial Shot of Downtown Tucson, Arizona

Experts: Tucson economy is set to grow in 2015

Things are looking up for Tucson, with an economy that is set to grow in 2015 and 2016. That was one of the key takeaways from today’s University of Arizona Eller College of Management annual Economic Outlook Forecast Luncheon at the Westin La Paloma Resort in Tucson. Some 540 people packed the room to hear presenters George W. Hammond, director and research professor at Eller’s Economic and Business Research Center, and Anthony Chan, Chase chief economist, share their predictions regarding job growth, the housing sector, the stock market, interest rates and more.

Despite some stumbling at the start of 2014, the year behind us helped set the stage for growth. To put things into perspective, Anthony Chan spoke first, providing an in-depth analysis of the national and global economy.

“In 2015, we expect more support from the central banks of Europe and China and less support from the United States. Such action is likely to generate faster global growth and better performing equity markets in Europe as the Euro-zone recovers to something approaching 1 percent growth,” Chan said. “As for China, we expect some improvement despite the effects of restructuring of that economy, but acknowledge that financial markets have already front-loaded some of the expected positive monetary and fiscal policy effects.”
In the case of the United States, Chan said growth closer to 3 percent is likely as the current growth momentum spills over into 2015, especially as faster consumer spending is supported by the recent plunge in energy prices.
“Finally, led by Brazil, we expect that Latin America will continue to lag the overall improvement in global economic growth,” he said.
Locally, Tucson’s economy is forecast to expand again next year and “even pick up a little steam,” according to Hammond. In his presentation, entitled “Battling Headwinds,” Hammond gave a comprehensive overview of current economic conditions, breaking down factors that slow growth and pointing to indicators that will fuel future acceleration.

Tucson added jobs and residents during the past year, continuing its recovery from the Great Recession. “The metropolitan area added 4,200 jobs during the past four quarters, which translates into a rate of 1.2 percent. That job growth is a positive sign, but it was below the state and national growth rates, of 2.0 percent and 1.9 percent, respectively,” he said.

Most of the job gains during the past year came in leisure and hospitality, professional and business services, education and health services, and financial activities. Tucson experienced job losses in construction and manufacturing.

“Construction continues to be the missing link in the recovery, with employment running at levels last seen in the mid-1990s. Slow population and household gains have dampened residential real estate activity during the past year,” Hammond said.

Also dragging down local growth has been significant federal fiscal drag, in the form of declining employment and reduced federal procurement spending. Federal fiscal drag affects Tucson more than the nation as a whole, because federal activity (civilian and military) is a larger share of the local economy. “Indeed, according to the latest data, the federal government sector accounted for 7.7 percent of Tucson’s gross domestic product in 2012, more than double the national share,” he said.

The outlook calls for Tucson job growth to gradually improve, rising from 0.8 percent in 2014 to 1.3 percent by 2016. That reflects modest improvements in net migration and less federal fiscal drag. Rising job and population growth raise income gains, which support additional local spending.

During his presentation, Hammond encouraged the audience to utilize the new Making Action Possible for Southern Arizona (MAP) interactive website, mapazdashboard.arizona.edu. The project, which launched on Dec. 5, is a partnership between Eller’s Economic and Business Research Center, the Community Foundation for Southern Arizona, and the Southern Arizona Leadership Council.
The goal of the website is to measure progress and inspire action. MAP users will find real-time data visualization and analysis for 36 socio-economic indicators grouped into six categories: Economy, Education, Health and Social Well-Being, Infrastructure, Quality of Place, and Workforce and Demographics. Users can compare Southern Arizona to the U.S., states in the West, and select metropolitan areas.

“There are so many ways MAP can benefit our community. Examine the data to drive business decisions, build collaboration or cross-sector partnerships,” Hammond said. “Or, analyze the data to help shape and pursue effective policies or seek external funding opportunities.”

Hammond closed his presentation with an upbeat prediction. “Overall, Tucson continues to battle headwinds, but the local economy is growing and moving forward,” he said.

For more information or to view Dr. Hammond’s slide presentation, visit Eller’s Economic and Business Research website, ebr.eller.arizona.edu.

2009 Winter Wonderland Photos 075

JW Marriott makes holidays a Winter Wonderland

JW Marriott Starr Pass Resort and Spa creates a magical winter fantasy weekend for the entire family, December 12-14, with its Winter Wonderland event, open only to overnight registered resort guests. Festivities begin Friday, Dec. 12, with check-in starting at 3 p.m., followed by Santa’s arrival party from 6 to 7 p.m. A special gingerbread house created by the resort chef will be on display, and Casa de los Niños will be the beneficiary of the event.

At 7 p.m., the Jolly Old Man arrives, complete with a fireworks display, followed by:

• Portraits with Santa
• Snow sledding
• Bedtime story with Santa’s Elves, concluding at 8:45 p.m.

The events for Saturday, Dec. 13, begin at 8:30 a.m. with Breakfast with Santa followed by:

• Snow sledding
• Story time with Santa
• Cookie decorating
• Santa’s workshop crafts
• Polar Express train ride
• Face painting
• Horse carousel
• Complimentary candy bar
• Elf tuck-in
• Popcorn bar and a movie in Blur Teen Lounge, concluding at 10 p.m.

Space is limited. Some activities on Dec. 13 require reservations and/or an additional charge.

Sunday, Dec. 14 events begin at 9 a.m. and include:

• Ornament hunt throughout the resort
• Rubber duck derby
• Farewell to Santa, ending at 12:30 p.m.

As a special holiday treat, the resort’s Starr Canyon River will be open through New Year’s Eve!

Guests staying at JW Marriott Starr Pass for Winter Wonderland may book the special Winter Wonderland Resort Package from $249 per night, which includes a $100 daily resort credit, good towards Breakfast with Santa, Winter Wonderland activities, retail purchases and more.

For more information, or to book your stay, call (520) 792-3500 and mention rate code W39 when booking. Don’t miss a holiday season to remember!


Quarles & Brady Launches Privacy and Security Blog

The national law firm of Quarles & Brady LLP, which has three offices across Arizona in Phoenix, Scottsdale and Tucson, today announced that the firm’s Data Privacy & Security Team has launched Safe & Sound, a blog that provides a practical, business-focused discussion of the legal issues relating to the privacy and security of a company’s data. This blog will keep businesses aware of current events, news, and legislation in this area.

Margaret Utterback, chair of the firm’s Madison Business Law Group, said Safe & Sound will discuss current news about U.S. and international regulations associated with privacy. It will keep businesses abreast of what they need to know to protect their electronic information.

“Our clients are facing new concerns about how safe their data is in a changing privacy landscape. They want to know how best to protect their customers from a breach,” said John Barlament, chair of the Data Privacy & Security Team. “Our Quarles & Brady lawyers often step in to help companies stay on top of changing regulations and get up-to-speed on what they need to know to be prepared. This blog will offer a place for them to get a greater understanding of what the conversation in this area is focusing on and what they need to consider.”

There are so many unknowns right now about what is required since the regulations vary from state to state and from country to country, said Heather Buchta, chair of the firm’s Phoenix Intellectual Property Group. This blog, housed on LexBlog, will allow clients to get a quick snapshot of what they need to know and what questions they should ask their legal counsel.

To subscribe to the blog and get the latest information, visit http://safeandsound.quarles.com/.


The 5 most haunted places in Arizona

Just in time for Halloween, we thought you might like to consider a ghostly visit to one of the five most haunted places in Arizona.

Hotel San Carlos, 202 N. Central Ave. Phoenix

Blood splattered on Leone Jensen’s white gown as she hit the pavement from the rooftop of the seven-story hotel. Heartbroken and lonely, 22-year-old Jensen committed suicide in 1928 at the Hotel San Carlos. Guests said they have witnessed a woman dressed in a white shear gown blown by the wind from nearby windows. Screaming children have also been heard running the halls late at night from the multiple drownings that occurred in a water well in the late 1890’s. The well remains on the first floor of the hotel and is the main water supply for the residents. Book a night in the San Carlos hotel to see what you might wake up to.

North Morton Hall at Northern Arizona University, 601 S. Knoles Drive, Flagstaff

Built in 1914, North Morton Hall on the NAU campus is a women’s residence hall and home to a girl who committed suicide in the dormitory. Her ghost has not left the premises as students have seen flickering lights, girls being locked in the bathrooms, blankets flying off beds, and even the sight of the ghost lurking the halls.

Jerome Grand Hotel, 200 Hill St., Jerome

A former hospital, a plethora of ghosts walk the halls and visit the rooms in this hotel in “Ghost City.” Many deaths have occurred in the hotel, such as Claude Harvey who was crushed by a self-serviced elevator and two suicides by hanging. Most of the ghosts are allegedly the patients who died in the United Verde Hospital. Flowers, cigar smoke, and whiskey are just some of the smells guests have said to be coming from the rooms. In the heart of the haunted city itself, witness the sights and smells of this five-story hotel.

Fox Theatre, 17 W. Congress St., Tucson

Built in 1930, the Fox Theatre was used as vaudeville and movie house. During the Great Depression, a man would linger outside of the theatre asking for money to feed his family. Watch your wallets, there has been sight of male ghosts walking about outside of the theatre and might just snatch a couple bucks. Suspicious movement of objects in the theatre have some visitors questioning the eerie environment.

Luana’s Canyon southeast of Kingman

A miner and his family lived in a wooden shack in the opening of the canyon. The husband would leave his family for days to find food and mine for gold in the mountains. One day Luana’s husband did not return from his expedition and her family began to starve. Luana began to go insane as the children begged for food and were slowly dying. Impulsive actions took over and Luana chopped up her kids in the wooden house. The remains of her children were tossed into the nearby river, where she wept and screamed in remorse for her murdered children. Her screams are said to still be heard within the canyon and the blood-splattered house is called the “Slaughter House.” Check out this landmark to see if the blood remains on the walls and Luana’s scream can still be heard bouncing off the mountains.


Lovitt & Touché Rebrands After 100 Years in Arizona

Lovitt & Touché, an Arizona-based insurance brokerage and benefits solutions provider, announced today a rebranding of the agency that emphasizes its local roots and commitment to the community.

“Business Focused, Community Minded” will now serve as the slogan, which Chief Operating Officer Charlie Touché says speaks to the heart of the company’s history and values. “We have roots that reach back more than a century in Arizona, and we have become fixtures in the Phoenix and Tucson communities. Despite our growth, however, we have always considered our business to be family-run and community-focused. We pride ourselves on these traits, and we want to be known for them.”

Founded in 1911, Lovitt & Touché is one of the largest insurance agencies in the United States with nearly 200 employees and more than $300 million in total annual premiums. It offers comprehensive employee benefits solutions, property and casualty insurance, bonds and surety, specialty insurance and risk solutions for businesses along with personal insurance for key individuals of those companies. It has offices in Tempe, Tucson and Las Vegas, and primarily serves businesses and individuals in Arizona and throughout the Southwest.

Lovitt & Touché is a major contributor to community causes and initiatives statewide, donating hundreds of thousands to local charities annually.

“Arizona is our home, and we are committed to making it a better place for our team, our clients and our neighbors. The next phase of our branding efforts will better reflect this,” said Dave Wilder, executive vice president of Lovitt & Touché.

Along with the slogan, Lovitt & Touché is set to launch an updated logo and advertising campaign with a fresh and modern look. They will be officially unveiled at a rebrand launch party on Oct. 23, held at US Airways Center from 4 to 7 p.m.

To learn more about Lovitt & Touché, visit www.lovitt-touche.com.


Quarles & Brady Adds 2 Partners in Tucson Office

The national law firm of Quarles & Brady LLP today announced that two of its associate attorneys in Tucson have been admitted as partners as a result of excellent performance and the promise of generating strong future value for the firm and its clients.

They are:

Elizabeth Fella, who practices in the firm’s Bankruptcy & Creditors’ Rights Practice Group. She specializes in representing local and national companies in complex contract disputes, complex financial restructuring negotiations, and related litigation.

Yakov Sidorin, who practices in the firm’s Intellectual Property Practice Group, handling all areas of IP counseling for a variety of clients.

“Quarles & Brady has been around for almost 125 years, and we owe much of our success to attracting the best and brightest to join us and then investing in their professional development throughout their careers,” said Firm Managing Partner Fred Lautz, who supervises the partnership across the firm’s nine nationwide locations from its founding office in Milwaukee. “We see our future in the faces of these young and successful lawyers, and I’m confident that we’ll be around for at least another 125 years.”

“Given the intensely competitive nature of the modern legal industry, it’s more important than ever to promote associates with extreme care,” added Firm Chair Kimberly Leach Johnson. “All new partners must be outstanding representatives of the profession, so we’re excited to add these 17 exceptional achievers to our ranks.”

The attorneys’ new status as partners became effective on October 1.

Avnet - Fortune Global 500

Phoenix MBDA Hosts Global Business Conference

The Phoenix Minority Business Development Agency (MBDA) Business Center, in partnership with the Thunderbird School of Global Management, is hosting Phoenix MBDA’s 2nd Annual Global Business Conference and the concurrent Global Business to Business Trade Expo on Thursday, October 23 and Friday, October 24 at the Sheraton Phoenix Downtown Hotel. The expo will focus on topical business opportunities and will provide information on how to conduct business with local, domestic, and international companies.

The two-day event is expected to bring in 150 local, national, and international attendees, including foreign consulates, Arizona Mayors, businesses looking to expand their services and product offerings in international markets, and interested individuals who are looking to start and/or grow a business to support global initiatives.

In support of the conference, Penny Pritzker, the U.S. Secretary of Commerce said, “We know that when U.S. firms sell their goods overseas, the U.S. economy stands to benefit. U.S. exports reached a record $2.3 trillion in 2013, and exports now support 11.3 million jobs, up 1.6 million since 2009.”

Alika Kumar, Executive Director of Phoenix MBDA also emphasized the importance of the conference and said, “Understanding the simplified processes of how to do business in international markets is vital to all U.S. based businesses and all individuals looking to do business abroad. This conference will lay the framework and foundation for those looking to succeed abroad.” Panelists include Tucson Mayor Jonathan Rothschild and Phoenix Mayor Greg Stanton, as well as Barry Broome representing the Greater Phoenix Economic Council (GPEC). They will provide information about opportunities, including how to network, connect, do business, and succeed in international markets.

For information about registering or sponsorship opportunities, contact Kaaren-Lyn Morton at (602) 248-0007 or e-mail kaaren@phoenixmbdacenter.com.

1951 W Grant Rd, WEB

CBRE releases Tucson transaction report

CBRE’s Tucson office has released the following recent transactions for the greater Tucson area:


Life Energy Wellness, LLC has leased 1,627 square feet of office space at 5232 E. Pima Street in Tucson. The local chiropractic practice led by Dr. Jaime Sanchez was represented by Bruce Suppes with CBRE’s Tucson office. The landlord, 2030 East, LLC was represented by Aubrey Finklestein with Vast Commercial.


TP3 Global has leased 3,929 square feet of industrial space at 1951 W. Grant Road in Tucson. The landlord, Wright and Case Holdings, was represented by Bill Di Vito and Jesse Blum with CBRE’s Tucson office. The tenant, a global provider of protection products for cold chain and temperature sensitive goods, was represented by Ron Zimmerman with Picor.


Hope, Inc. has leased 6,950 square feet of office space at Sunbelt Business Center located at 1671 W. Grant Road in Tucson. The local provider of Peer-and Family-Run behavioral health and substance abuse services was represented by CBRE’s Buzz Isaacson. The landlord, Sunbelt, LLC, was represented by Bruce Suppes, Tim Healy and Bob DeLaney, also with CBRE.


The Rodney D. Young Insurance Agency has leased 1,512 square feet of retail space at Flowing Wells Plaza located at 1320 W. Prince Road in Tucson. The landlord, the Orchards at Arizona II, LLC, was represented by CBRE’s David Dutson. The tenant was represented by Don Lieberman with KW Commercial.


Wing Factory has leased 2,297 square feet of retail space at Campbell Plaza Shopping Center located at 2800 N. Campbell Ave. in Tucson. The landlord, San Francisco, Calif.-based Campbell Plaza Two, LLC, was represented by Nancy McClure and Michael Laatsch with CBRE’s Tucson office. The tenant was self-represented. This lease marks the second Tucson location for the fast-casual restaurant.


Revolution Elite Cheer & Tumbling has leased 6,000 square feet of industrial space at Gymnastics World located at 6985 N. Camino Martin in Tucson. The landlord, an organization consisting of Don Gutzler, Lupita Murillo, Yoichi Tomita and Setsuko Tomita, was represented by John Ash with CBRE’s Tucson office. The tenant was self-represented.

Millennium Health and Balance has leased 1,488 square feet of medical office space at 6524 E. Carondolet Dr. in Tucson. The landlord, Michael and Debbie Lennon, was represented by Jeff Casper and David Montijo with CBRE’s Tucson office. The tenant was represented by Kevin Volk with Volk Co.

Bright Star Healthcare has leased 1,414 square feet of office space at 2330 N. Tucson Blvd. in Tucson. The home health provider, which provides the full continuum of home care services, including adult, elder and child care (including newborn care, babysitter and nanny services) in addition to medical staffing services for individuals, families and healthcare facilities, was represented by Bruce Suppes with CBRE’s Tucson office. The landlord, Grand and Tucson Blvd, LLC was represented by Melissa Lal with Larsen Baker.

Photon Engineering has leased 4,486 square feet of office space at 310 S. Williams Blvd. in Tucson. The landlord, DHS Property Investments, was represented by David Montijo and Jeff Casper. The tenant, a software consulting and development firm based in Tucson, was represented by David Montijo and Damian Wilkinson with CBRE, Inc.


Lawlytics has leased 4,263 square feet of office space at 310 S. Williams Blvd. in Tucson. The landlord, DHS Property Investments, was represented by CBRE’s David Montijo and Jeff Casper. The tenant, a successful, Tucson-based attorney website marketing company, was represented by Tom Hunt with Rein Grossoehme.

Desert Dance LLC has leased 3,485 square feet of retail space at Crossroads Festival Shopping Center located at 4811 E. Grant Rd. in Tucson. The tenant was represented by David Blanchette, Nancy McClure and Michael Laatsch with CBRE’s Tucson office. The landlord, Crossroads Canada, LLC, was represented by Andy Seleznov with Larsen Baker.



Cox names new Southwest Region manager

John WolfeCox Communications announced today that John Wolfe will take the reins as senior vice president and southwest region manager, effective immediately. The region is Cox’s largest nationwide and includes Las Vegas, Phoenix and Tucson metropolitan areas. Wolfe comes to the Southwest from Cox’s Northeast region, where he served as the senior vice president and region manager.

A nearly 30-year cable industry veteran, Wolfe has a demonstrated track record of success. After joining Cox in 1995 as part of the Times Mirror acquisition, he led the development of Cox’s government affairs, internal and external communications and corporate philanthropy strategies in New England, before being promoted to general manager, Northeast region in 2012. During his tenure as Cox’s Northeast region leader, Wolfe guided the company’s operations in Rhode Island, Connecticut and Ohio during a time of intense industry competition and company transformation.

Well-known in the communications industry for leading teams and working effectively with people, Wolfe’s abilities contributed to the Northeast’s company-leading customer satisfaction scores in 2012 and 2013. Prior to Cox, he served as director of public information for the National Cable and Telecommunications Association and managing editor for Cablevision magazine.

Wolfe’s appointment follows company veteran Steve Rizley’s recent retirement announcement.

“With his tremendous leadership abilities, combined with a strong sense for what it takes to compete in our industry, I am confident that John will ensure the Southwest region remains a focal point for aggressive investment, growth and innovation, starting with Cox’s Gigabit Internet deployments this year,” said Paul Cronin, senior vice president of customer experience for Cox. “Under John’s direction, Cox will continue to lead Arizona and Nevada as a significant employer, community contributor and technology enabler.”

Cox recently announced plans to offer Gigabit Internet speeds, 100 times faster than the average Internet speed in homes today, starting later this year with new developments nationwide. In addition, the company is aggressively upgrading existing neighborhoods in Phoenix and Las Vegas metro areas in the Southwest region. The first customers are expected to come online in Phoenix in October.

Wolfe will relocate to Phoenix, the company’s Southwest region headquarters, and site of a recently created national call center of excellence.

Revising Tucson’s Economic Blueprint

Joe Snell, president and CEO of Tucson Regional Economic Opportunities (TREO), provided insight on the latest growth initiatives in Tucson and what the city needs to do to continue its upward trajectory.

Joe Snell

Joe Snell

What are Tucson’s strongest assets coming into the recovery?
❚ The University of Arizona is a Top 20 research university with amazing strengths in engineering, science, optics, entrepreneurship and provides a robust talent pipeline companies are looking for.
Tucson has an established, diverse aerospace and defense industry, with more than 200 companies, and an emerging bioscience sector with strong contribution to the state’s Bioscience Roadmap.
❚ Its strategic location. Southern Arizona is truly a gateway to Mexico. In addition to the unique rail assets we already have, we will leverage Mexico’s Port of Guaymas expansion to our benefit. Also Tucson’s position at the southern end of the Sun Corridor location in our mega region, expected to have the most growth in the next 35 years, positions us for business investment for years to come.
❚ On the heels of Arizona’s high national entrepreneurship rankings, Tucson is beginning to receive national recognition for its own entrepreneurial culture. For example, Entrepreneur magazine recognized Tucson last August as one of the best cities for entrepreneurs. With these state and local rankings giving Tucson needed exposure, the McGuire Entrepreneurship Program at The University of Arizona’s Eller College of Management, the new Tech Launch Arizona initiative, Start Up Tucson, a strong Desert Angels group, and various public and private organizations, Tucson supports start-up businesses and entrepreneurs with resources for launching new ventures.
❚ Progress in downtown revitalization.

TREO just released its 2014 updates to its Economic Blueprint. Describe the “urban renaissance” on which Tucson is focused.
❚ As the national and local economies slowed around 2008, Tucson’s long-term downtown development momentum picked up steam. Over the last three-plus years, huge and exciting changes have come to downtown Tucson by way of over $320M in public and private investment. Some notable projects include UniSource Energy’s new corporate headquarters, other headquarters such as Providence Service Corp., Mr. Car Wash, Sonoran Institute and Madden Media; the Tucson Modern Streetcar and a new UA downtown branch, among many other retail and restaurants new to downtown. Some of those changes are more visible than others, but together they add up to a more exciting, more vibrant, more inviting downtown for everyone, but especially the young, creative class that is just discovering Tucson.

Infrastructure, specifically related to transportation, is another big initiative in TREO’s Economic Blueprint. What are some of the short-term goals TREO hopes to see happen?
❚ Infrastructure investment is really a path for economic growth, and expansion of existing highway, rail and airport capacity is the key to global competitiveness. We are fortunate in southern Arizona. Our location in the Sun Corridor puts the Tucson region at the crossroads for trade corridors in all directions. Many communities would covet this position, so we must be laser-focused and smart about how we go about ensuring that we invest in the right transportation infrastructure. We are focusing on three key areas. First, achieving seamless connectivity to Mexico and other southwestern markets. We, as a region, have the ability to influence the inclusion of the southern segment of I-11 and the border-to-border vision of the Intermountain West Corridor in federal and state planning. We have made a great start but have much more to do. Second, we are focused on supporting Tucson International Airport, rail asset capacity growth and local mobility initiatives. Expanding passenger and freight service at Tucson International Airport will mean increased commerce for the entire region. We also have to make the proposed Aerospace Corridor and associated research park, rail reclassification facilities and the 10/I19 Bypass realities. Third, how do we pay for all this? Creative funding and private sector solutions are required to ensure our region continues to have the resources to be competitive in the marketplace. We will be actively participating in the development of new funding mechanisms.

What are some of the challenges TREO has overcome or anticipates?
❚ Over the last nine years, we have made progress in our focus on business development and economic diversification through targeted industries. We are laser-focused on four industries that can shape our future: aerospace and defense, alternative energy and natural resources, transportation and logistics, and bioscience/healthcare. Most of our successful projects over the last several years fall into these categories. In addition, we have dramatically increased private sector support of TREO and the understanding of the importance of economic development with all of our regional partners, public and private. Obstacles and opportunities include the unification/cooperation among many groups, accountability, common definitions of economic development and increased funding is critical for success.


Reconnecting Tucson

While Phoenix is in the throes of commercial recovery, Tucson is, comparably, about 18 to 24 months behind. The city’s proximity to the border is touted as a draw for investors, but the player with the best hand remains the University of Arizona (UA), which is not only the largest employer in southern Arizona but also the nucleus to an otherwise stagnant city.

As development stands, experts point out Tucson has added 1,900 student housing units in the last year and the retail and office sectors in proximity to UA and Pima Community College show promise. In April, Colliers closed the largest office sale in Tucson since 2008.

“Multifamily has led the recovery in almost all markets,” says Cindy Cooke, who heads the Cooke Multifamily Investment Team at Colliers. “Since so much of Tucson is UA and the medical school, I think you only see that continue to be strong. The growth will be fantastic.” The first sign in recovery, she says, is when vacancy increases. Right now, Tucson’s multifamily vacancy is at 7.9 percent. In 2009, it exceeded 11 percent.

The UA is working to spin its innovation to the private sector and create small firms offering high-paying jobs in many areas of core competency, says President and Managing Shareholder of Cushman & Wakefield | PICOR, Mike Hammond. “The UA more than ever drives our community in a positive direction,” he says.

Kurt Wadington, Sundt Construction’s Tucson building group leader agrees. He adds that “apart from downtown and other isolated projects, Tucson’s market continues its softness in the shadow of a very slow economic recovery.”

Tucson’s streetcar project, Sun Link, aims to strengthen those existing assets and ignite future development. “With the recent infusion of student housing and corporate offices, downtown has become a desirable location for restaurants and bars as more people live and work in the area,” says Wadington. “This increased day and nighttime activity, that is expected to increase when Tucson’s new streetcar becomes operational on July 25, has numerous developers considering additional retail, office and housing projects.”

Though pens are to drawing boards, and the Sun Link has generated a “flurry of land sales,” there is some hesitation in development. Cushman & Wakefield | PICOR called Tucson a market in search of demand in its Q1 2014 reports. “One-liners are always a little true and at the same time false,” says Hammond. “Tucson says it wants good jobs but it acts differently when they appear.

Tucsonans tend to like the environment and object to nearly any attempt to develop on the land. This depresses demand as the process to develop anything is cumbersome and expensive with very little certainty of success, so we grow slower and some would say that is good. The right balance is tough to achieve.

“As government indebtedness drops, it is anticipated Pima County, followed by other jurisdictions, will pursue bonding authorizations for badly needed capital projects. Other needs may be met through public-private partnerships as public infrastructure needs continue to mount.”

UA is closely followed by Raytheon Missile Systems, Davis-Monthan Air Force Base and the State of Arizona as top employers. Simply, southern Arizona relies on government funding.“I think the big rock the southern Arizona market is waiting for is some resolution at the national level on debt and how government goes forward at the federal spending level,” says Hammond.

“Much of our area is dependent of spending at the federal level and that has been decreasing, whether for infrastructure, military in general — the A10 fighter specifically — and Raytheon. No one expects funding to increase in these areas and these are very good jobs that bring new money into the area. The multiplier effect is real in the creation of jobs or the loss of jobs as the case may be.”

Photo by Cronkite News Service.

Arizona Lottery Scratchers Ticket Offers $2.5 Million Prize

The Arizona Lottery announces the launch of its newest Scratchers ticket, $185 Million Cash Explosion. This is the largest $20 Scratchers top prize in Arizona Lottery history.

The new ticket launches Sept. 2 and offers players a chance to win one of six $2.5 million top prizes. Winners will have the option of a 30-year annuity or a lump sum of $1.25 million before taxes. The total value of all prizes for Cash Explosion is more than $185 million, including three $100,000 second place prizes and 15 $50,000 third place prizes.

The Arizona Lottery is hosting a special launch event Tuesday, Sept. 2, from 11 a.m. to 2 p.m. at the Lottery offices in Phoenix and Tucson. Players in attendance who buy a $20 Cash Explosion ticket will get $10 worth of Scratchers for free. Free tickets consist of a $5 Lucky Life ticket and a $5 Heat Wave ticket, limit one pair of free tickets per person.

The Arizona Lottery street team will be at the Phoenix office with a “Spin-to-Win” promotion and a chance to win one of three ultimate sports prize packs. Buzz n’ Beez food truck and its eclectic menu of southern style comfort foods will be on site for the lunch crowd. There also will be special appearances made by the Phoenix Suns Gorilla, Arizona Cardinals cheerleaders and Big Red, Baxter from the Diamondbacks, Scorch from the Phoenix Mercury and Howler from the Arizona Coyotes.

“Our new Cash Explosion ticket offers the highest top prize of any of our previous $20 Scratchers, which is extremely exciting,” said Karen Bach, director of budget, products and communications for the Arizona Lottery. “Keeping Lottery players happy is essential, that’s why we are always looking for games that offer new and different top prizes.”

The Cash Explosion Scratchers ticket can be purchased for $20 at any Arizona Lottery retailer.

For more information about the new $185 Million Cash Explosion Scratchers ticket, please visit ArizonaLottery.com.

Players must be 21 years or older to purchase or redeem tickets. Winners have 180 days from the drawing date to claim their prize at an Arizona Lottery office or by mail. Overall odds vary by game. All sales are final. In accordance with the ADA, these materials may be made available in an alternative format. Gambling Problem? Call 1.800.NEXT STEP (1-800-639-8783). Please Play Responsibly™. Scratchers® is a registered service mark of the California Lottery.


7 Ogletree Deakins attorneys earn honor

Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, announced today that seven attorneys from the firm’s Arizona offices were selected by their peers for inclusion in The Best Lawyers in America© 2015. The 2015 list was compiled based on an exhaustive peer-review survey that included more than 5.5 million detailed evaluations of lawyers by other lawyers.

The Arizona-based Ogletree Deakins attorneys appearing on the 2015 Best Lawyers in America© list include:

• Joseph T. Clees (Employment Law – Management, Labor Law – Management)
• L. Eric Dowell (Employment Law – Management, Labor Law – Management, Litigation – Labor and Employment)
• Leah S. Freed (Litigation – Labor and Employment)
• Mark G. Kisicki (Employment Law – Management, Labor Law – Management, Litigation – Labor and Employment)
• James K. Mackie (Employment Law – Management, Litigation – Labor and Employment)
• Tracy A. Miller (Employment Law – Management, Labor Law – Management, Litigation – Labor and Employment)
• Tibor Nagy, Jr. (Employment Law – Management, Labor Law – Management, Litigation – Labor and Employment)

Best Lawyers® has also named Kisicki as the 2015 Labor Law – Management “Lawyer of the Year” in Phoenix, and Nagy as the 2015 Litigation – Labor and Employment “Lawyer of the Year” in Tucson. The publication awards this honor to a single lawyer in each practice area and designated metropolitan area.

Firm-wide, 184 Ogletree Deakins attorneys were named to the Best Lawyers© list. Many earned recognition in multiple categories—144 were named under the Employment Law – Management category; 104 were named under the Labor Law – Management category; and 105 were named under the Litigation – Labor and Employment category.

La Canada Retail Center, courtesy of CBRE

CBRE reports recent Tucson transactions

CBRE’s Tucson office has released the following recent leasing transactions for the greater Tucson area:

Food Conspiracy Co-Op has purchased a 6,500-square-foot mixed-use property on one acre located at 425 E. 7th St. in Tucson from Hoff-7th, LLC. The locally-based, full-service consumer cooperative specializing in natural foods leased the property two years ago with an option to buy. Buzz Isaacson with CBRE’s Tucson office represented the seller in the $650,000 transaction. Food Conspiracy was represented by Quentin Bryson with Quentin Bryson Co. Realtors, Inc.

G-Nails has leased 1,200 square feet of retail space at Crossroads East Shopping Center. The landlord, Crossroads East, was represented by Nancy McClure and Michael Laatsch with CBRE’s Tucson office. The tenant was self-represented.

Parenting Forward in Tucson has leased 1,565 square feet of office space at 1430 E. Fort Lowell in Tucson. The landlord, a joint venture between AEH Investors III and PMH Investors III, was represented by David Montijo and Jeff Casper with CBRE’s Tucson office. The tenant was self-represented.

Crandell Glass and Aluminum has leased 6,562 square feet of industrial space at Copperpoint Business Park located at 3591 Michigan St. in Tucson, Ariz. The landlord, San Diego, Calif.-based Copperpoint Business Park, LLC, was represented by Tim Healy and Robert De Laney with CBRE’s Tucson office. The tenant was self-represented.

Full Circle Holdings, Inc. which will operate as ZPizza has leased 2,059 square feet of retail space at La Canada Retail Center located at 11165 N. La Canada Rd. in Tucson. The landlord, La Canada Retail, was represented by Peter Villaescusa and Jesse Person with CBRE’s Tucson office. The tenant was represented by Rob Curcio with Marquez Peterson Group. ZPizza is a pizza chain from California. This will be the first location in Tucson.

Drivin Communications has leased 2,500 square feet of incubator space at 3760 S. Park Ave. in Tucson. The landlord, Park Ajo Associates, was represented by Tim Healy and Robert De Laney with CBRE’s Tucson office. The tenant was self-represented.

Fidelity National Title has leased 3,700 square feet of office space at Nova Financial Center located at 6245 E. Broadway Blvd. in Tucson. The landlord, Tucson Office Plaza, LLC, was represented by David Montijo with CBRE’s Tucson office. The tenant was represented by Tom Imparato with Orion Realty Group in Phoenix.

L & D Holdings, LLC has purchased the salvage yard at 3102-3126 E. President St. in Pima County comprising 4,044 square feet of improvements on .98 acres.  The seller was Country Club & I-10, LLC.  The buyer was represented by Ian Stuart and David Blanchette with CBRE’s Tucson office. The seller was represented by Norman Hoegger with Norman Hoegger Realty.  The buyer was previously a tenant of the property.


Record number of physician residents at Banner Good Sam

A historic number of doctors are being trained now for the future of medicine at Banner Good Samaritan Medical Center. There are 291 doctors training in Banner Good Samaritan’s eight medical residency and nine fellowship programs for the 2014-2015 academic training year as part of the hospital’s Graduate Medical Education (GME) program which is accredited by the Accreditation Council of Graduate Medical Education.

“Training these physicians is an important investment in the quality health care for all Arizonans,” said Steve Narang, MD, Chief Executive Officer at Banner Good Samaritan. “Doctors are more inclined to practice medicine near to where they trained, so we’re obviously very pleased by the number of physicians who are training at Banner Good Samaritan.”

The GME program at Banner Good Samaritan is affiliated with the University of Arizona College of Medicine (UA-COM) and has been training physicians over the past 60 years. Recently, Banner and the University of Arizona Health Network (UAHN) in Tucson signed a Principles of Agreement document that is anticipated to lead to UAHN joining Banner Health and a 30 year affiliation commitment from Banner Health to support the UA-COMs in Tucson and Phoenix.

This affiliation will include the operation of academic medical centers connected to the COMs in both cities. Banner Good Samaritan will be established as the academic medical center in Phoenix, and UAHN – University and South campuses will continue serving in that role for the COM in Tucson. Third and Fourth year COM students in Tucson and Phoenix will rotate into clinical areas in Banner Health affiliated academic medical centers.

Much like the evolution of health care, the advancements in medical education are astounding, Narang said, adding that thanks to technology, today’s physician residents and fellows have a wealth of health information and training resources at their fingertips. From smartphones to simulation education, the digital age has transformed medical teaching, he added.

“While technology has most certainly changed the ways in which residents are taught, the core principles, values and standards that define academic medicine at Banner Good Samaritan remain constant,” Narang said. “Banner Good Samaritan’s superior teaching stems from the commitment by physician educators to the highest standards of patient safety and quality throughout the teaching process.”

Following is the list of Residency and Fellowship programs at Banner Good Samaritan Medical Center:

Residency Programs:
· Family Medicine
· Internal Medicine
· Internal Medicine/Pediatrics
· Obstetrics & Gynecology
· Oral Maxillofacial Surgery
· Orthopedic Surgery
· Psychiatry
· Surgery

Fellowship Programs:
· Cardiology
· Interventional Cardiology
· Structural Cardiology
· Endocrinology
· Gastroenterology
· Geriatric Medicine
· Medical Toxicology
· Pulmonary/Critical Care Medicine
· Sports Medicine


Lodge at Ventana Canyon Plans Major Renovation

Arizona’s leading golf resort and club, The Lodge at Ventana Canyon Golf & Racquet Club, today announces the first phase of the property’s multi-million dollar renovation. This first phase of the renovation, set to complete in January of 2015, will update all one-bedroom suites while the second and third phase, to start following the completion of the first phase, will debut revamped dining areas, a pool and Jacuzzi spa, and an expanded Golf House and Golf Academy. The all-suite property has completed a renovation to the common areas, including the lobby, fitness center, patios and a portion of the grounds.

“We are confident that these significant property enhancements will only further benefit the overall guest and member experience and will establish this property as a true gem in Tucson,” says CEO and General Manager George White. “We look forward to exceeding expectations for Tucsonans and visitors alike.”

The renovations begin with new furniture, bathrooms and kitchens in all one-bedroom 800 square feet King and Double Queen Suites. The formal dining and banquet space, the Catalina and Sabino Rooms, are getting a fresh, new look as part of the first phase. Second phase plans include renovation of the property‚s popular dining area, the Ventana Bar, which will be completely revamped to feature indoor/outdoor patio seating facing the pristine Catalina Mountains. The Lodge will also unveil a brand new resort-style pool and Jacuzzi spa, perfect for all ages. Finally, plans call for a renovated Golf House, which will include expansion of the Golf Academy.

“Our outstanding customer service and dedicated staff have helped The Lodge at Ventana Canyon become a recognized and sought after resort,” says Director of Sales and Marketing Chris Sabala. “The new space, renowned teaching staff and overall expansion will help catapult The Lodge at Ventana Canyon to a top-tier luxury property in Tucson.”

The Lodge is world famous for their award-winning Tom Fazio designed golf courses, as well as a premier tennis complex that includes a newly renovated 600-seat stadium court. In addition to being an all-suite boutique resort, The Lodge is complemented with a high-end country club, offering premier services and amenities to members that fit all lifestyles. With a focus on younger families and professionals, The Club will cater to locals and avid golfers near and far, providing members complete access to the extensive and updated facilities on property. Located in a well-maintained and gated community, The Lodge at Ventana Canyon is a place for community and family.

“Here on our property you can be a member for a day or for a lifetime,” says White. “From golf to tennis to social, the club offers a variety of memberships that will truly fit any type of lifestyle.”

Located in the private affluent community of Ventana Canyon in Tucson, Ariz., just 30 minutes from the Tucson International Airport, The Lodge at Ventana Canyon is a premiere destination for both out of state guests and locals. Boasting the most photographed golf hole west of the Mississippi and a multitude of programming options to choose from, The Lodge reflects the highest in Southwestern hospitality having been ranked a AAA Four-Diamond resort for 19 consecutive years.

Mayo Medical Schools Expands to Arizona

UA College of Medicine Accredited Through 2022

The medical education program at the University of Arizona College of Medicine – Tucson, designed to train the next generation of highly skilled physicians dedicated to improving patient care and advancing the state of medical knowledge, has earned accreditation through 2022, a full eight-year term.

The Liaison Committee on Medical Education (LCME), the accreditation authority for MD programs in the United States and Canada, announced the decision and identified a number of institutional strengths within the college that are distinctive and worthy of emulation. The LCME is jointly sponsored by the Association of American Medical Colleges (AAMC) and the Council on Medical Education of the American Medical Association (AMA).

The UA College of Medicine – Tucson graduates 115 medical doctors each year and is led by Interim Dean Joe G.N. “Skip” Garcia, MD, who also serves as UA senior vice president for health sciences. The college’s medical education program is led by Kevin Moynahan, MD, deputy dean of education.

In January, more than 100 faculty, students, administrators and staff from the UA College of Medicine – Tucson (UA COM – Tucson) met with the LCME survey team during its site visit to determine accreditation eligibility.

“This achievement would not have been possible were it not for the tremendous leadership, teamwork and effort put forth by all. We are grateful to our UA COM – Tucson LCME project leadership team, to those students, faculty and staff who participated in the survey visit, as well as to the numerous students, faculty and staff who participated in the COM self-study process,” said Dr. Moynahan.

In addition to awarding the college accreditation for a full cycle, the 19 LCME members, who are medical educators and administrators, practicing physicians, public members and medical students appointed by the AAMC and AMA, determined that the college has a number of institutional strengths:

· The LCME found that the student-developed and student-administered Commitment to Underserved People (CUP) program, implemented by the UA College of Medicine in 1979, provides an exceptional number and variety of community service and service-learning opportunities for medical students. The CUP program provides UA medical students the opportunity to gain clinical experience by working with medically underserved populations. CUP was described by numerous medical students as a major influence in their decision to attend the college.

· The LCME also noted the development and implementation of an effective system of confidential and easily accessible personal counseling for its students, assisting them in adjusting to the ongoing emotional demands of a medical education. The UA COM – Tucson counseling program received high praise from students in the 2013 AAMC Graduation Questionnaire, in the independent student analysis and in conversations with students during the survey visit.

· In addition, the UA COM – Tucson Societies Program provides a strong longitudinal experience with a trained faculty mentor. Mentors are chosen from among the college’s most distinguished clinician-educators who teach students interviewing, physical examination and patient care skills at the patient bedside, helping students to develop clinical thinking, documentation and presentations and professionalism skills.

The LCME defines areas of strengths as those that reflect an aspect of the medical education program that has been shown to be critical for the successful achievement of one or more of the program’s missions or goals or a truly distinctive activity or characteristic that would be worthy of emulation.

The UA College of Medicine – Tucson provides state-of-the-art programs of medical education, groundbreaking research opportunities and leading-edge patient care. Together with the UA College of Medicine – Phoenix, the two colleges are Arizona’s only MD degree-granting institutions serving as a health care resource for the state and its people.

Founded on the campus of the University of Arizona in 1967, with an initial class of just 32 students, the UA College of Medicine – Tucson today has graduated more than 3,900 physicians. College of Medicine students, faculty, staff and alumni continue more than 45 years of service in advancing medical care and knowledge in Arizona—and around the world.

58 W. Congress St., Tucson, Ariz.

CBRE reports recent Tucson transactions

CBRE’s Tucson office has released the following recent leasing transactions for the greater Tucson area:

Ridgewood Associates, a full-service public relations and integrated marketing communications firm, has leased 2,378 square feet of office space at the Pioneer Building located at 100 N. Stone Ave. in Tucson, Ariz. Ridgewood Associates was represented by David Montijo and Bruce Suppes with CBRE’s Tucson office. The landlord, Holualoa Pioneer, LLC, was also represented by Bruce Suppes in addition to David Volk of CBRE.

Street Taco and Beer Co. has leased 2,233 square feet of restaurant space at 58 W. Congress in downtown Tucson. The landlord, BC Limited, LLC, was represented by Buzz Isaacson with CBRE’s Tucson office. The tenant was self-represented.

Batteries Plus has leased 1,400 square feet of retail space at Tucson Spectrum shopping center located at 1725 W. Irving Rd. in Tucson. The landlord, DDR Tucson Spectrum II, LLC, was represented by CBRE’s Nancy McClure, Jayme Fabe and Michael Laatsch. The tenant was represented by Steffan Cione with Cione Company.

Arizona Pizza, Inc. has leased 1,500 square feet of retail space at Southgate Shopping Center located at 3346 S. 6th Ave. in Tucson. The landlord, Red Mountain Asset Fund, LLC, was represented by CBRE’s Jayme Fabe. Arizona Pizza, Inc. was represented by Debbie Heslop with Volk Co.

Community Extension Programs, Inc. (CEP) has purchased a 2,760-square-foot office space at La Cholla Corporate Center in Tucson. The Tucson-based non-profit organization, which provides extended care and education and enrichment for schools in Tucson and Oro Valley, purchased the property from Orca, LLC. CBRE’s David Montijo and Jeff Casper represented the seller in the $469,200 transaction. CEP was represented by Esther Empens with Tierra Antiqua Realty.

Innovators get boost from Arizona Commerce Authority

The Arizona Commerce Authority (ACA) has selected 18 recipients for AZ Fast Grant, a highly competitive grant program that provides qualified Arizona-based, early stage technology companies with intensive training and technical assistance to help them commercialize their innovations, grow their businesses and create quality jobs.

“Early stage companies play a key role in developing innovations that fuel our state’s economy,” said Sandra Watson, President and CEO, Arizona Commerce Authority. “The AZ Fast Grant program helps companies with critical training, technical expertise and the ‘know how’ to secure additional funding and commercialization opportunities to propel their businesses.”

Companies may use AZ Fast Grant awards for professional consulting services (that may include an expert review of technology under development); a commercialization feasibility study; or other commercialization assistance such as training to compete more effectively for federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funding programs.

More than 50 Arizona small businesses applied for this round of the AZ Fast Grant program and awardees represent a variety of target industries.

AZ Fast Grant Recipients include (Total: $141,000, plus an additional $134,000 in leveraged funds):

* Arbsource, Tempe – Bio & Life Sciences
* Arizona Medical Systems, Peoria – Bio & Life Science
* Elliptical Mobile, Chandler – Advanced Manufacturing
* Engineering Science Analysis Corp., Tempe – Aerospace/Defense
* Grannus, Tucson – Cleantech/Renewable Energy
* Hildeez Enterprises, Peoria – Bio & Life Science
* MediCoventures, Peoria – Bio & Life Science
* Movement Interactive, Laveen – Bio & Life Science
* Kulira, Peoria – Bio & Life Science
* Prime Solutions Group, Goodyear – Aerospace/Defense
* QuantTera, Scottsdale – Advanced Materials
* Saccadous, Scottsdale – Bio & Life Science
* Score Algae, Scottsdale – Cleantech/Renewable Energy
* SiO2 Nanotech, Phoenix – Advanced Materials
* StatTransfers, Flagstaff – IT-Software
* Verve, Peoria – Bio & Life Sciences
* Vicinity Health, Chandler – Bio & Life Sciences
* YourLabs, Tucson – IT-Software

“I can honestly say the AZ Fast Grant really helped us get over the hump,” said Joe Marvin, Founder and President of Prime Solutions Group, a systems engineering and IT services company providing consulting expertise to government and defense contractors. Prime Solutions Group received AZ Fast Grant awards this year and in 2013.

With the help of AZ Fast Grant program support and technical expertise, the company recently secured $1 million in federal funding from the U.S. Department of Defense for its SBIR/STTR program submission this past fall. “We used our last AZ Fast Grant for commercialization strategy development, and that went directly into our federal proposal,” said Marvin.


Arizona Central Credit Union Launches Kids’ Website

ACCU smallArizona Central Credit Union is launching a new initiative to encourage financial literacy among children. Designed for children between the ages of 8 and 12, this program is intended to encourage sound financial habits and further an awareness of positive saving and spending practices.

Molly and Moe are the official mascots of the Monkey Money program, which incorporates an interactive website, children’s savings account and club member benefits. Games, stories, contests, jokes, definitions of financial terms, and information about the special Monkey Money savings program, can all be found on the website. Each month a new article and correlating activity will address a different financial theme. A coloring contest, which began at the launch of the website on June 21, 2014, will be held until July 31, 2014. Children don’t have to be Monkey Money members to enter, but can win cash prizes, and fun monkey items. Coloring sheets and the official rules for the contest can be found on the website.

“Arizona Central Credit Union is passionate about helping the children in our communities reach a higher level of financial literacy. By investing in creative and fun educational methods, we hope to encourage positive lifestyle patterns that will then translate into adulthood,” said Todd Pearson, President and CEO of Arizona Central Credit Union­.

Following the launch of the website on June 21st, Arizona Central Credit Union branches will be hosting a week-long youth event. Free gift basket raffle tickets and refreshments will be available at all branches. Arizona Central Credit Union will contribute a $10 deposit into Monkey Money accounts opened during this celebration week.

Founded in 1939, Arizona Central Credit Union has been serving members for over 75 years at 10 full-service branches, with offices in Phoenix, Tucson, Glendale, Chandler, Tempe, Flagstaff and Show Low. Visit www.azcentralcu.org or their Facebook Page, www.facebook.com/azcentralcu for more information.


RCT Ventures Announces MedTech Innovator Winner

RCT Ventures, an early-stage biomedical investment program of Tucson-based Research Corporation Technologies Inc., announced that Fibralign Corporation is the winner of the 2014 MedTech Innovator competition held during the 22nd Annual Medical Device Conference, hosted by law firm Wilson Sonsini Goodrich & Rosati (WSGR). As the first place winner, Fibralign Corporation won prizes valued at $150,000, including $100,000 in cash provided by RCT Ventures, $25,000 in cash provided by Johnson & Johnson Development Corporation (JJDC) and $25,000 worth of state-of-the-art lab space at Janssen Labs. The second place winner, Francis Lamont Innovations (FLI), won a $25,000 cash prize provided by JJDC.

MedTech Innovator is an annual medical device-focused venture competition that allows the audience to choose the winner. The 2014 competition began in April, when 267 companies submitted their business plans. A panel of investor judges reviewed the entries to select the MedTech Innovator Top 10 semi-finalists and Top 4 finalists. The panel of judges included Christopher P. Martin, President, RCT Ventures; Ned Scheetz, Founder & Managing Director, Aphelion Capital; James Dreher, Managing Partner, Option 3; and Brad H. Vale, Ph.D., D.V.M., Head, JJDC. The Master of Ceremonies was Paul Grand, Managing Director, RCT Ventures. The WSGR conference audience voted in real time for the winner, Fibralign, using their mobile devices.

Fibralign’s first product, BioBridge, is developed to address Secondary Lymphedema, a global chronic debilitating disease that affects over 120 million people and has no cure. The Company successfully completed a large animal study that validated BioBridge-treated diseased lymphatic tissue. Fibralign is now preparing for 510(k) submission and a clinical study.

“It was a real honor to be chosen from among our peers as this year’s MedTech Innovator winner,” said Greg King, COO of Fibralign. “This award provides Fibralign needed visibility to better address this significant opportunity. The competition was a fantastic experience, because it put a much-deserved spotlight on great startups selected from around the world. These companies provide a diverse range of breakthrough products that offer creative ways to improve patient care.”

RCT Ventures produced the competition and contributed a $100,000 cash prize for the winner. “I was thrilled to see an innovative company like Fibralign win the 2014 MedTech Innovator competition, which seeks to identify outstanding early-stage MedTech opportunities and help them succeed,” said Grand. “Fibralign was voted the winner by an audience made up of over 600 venture capitalists, corporates, and industry professionals. That kind of exposure and engagement would typically take months or years and has the potential to result in a financing or key industry partnership.”

In addition to RCT’s $100,000 contribution, several of the Johnson & Johnson family of companies contributed $25,000 to Fibralign’s prize, and the second place winner, FLI, also received $25,000. Additionally, Janssen Labs, a life science incubator, is providing entry to the Janssen Labs community for Fibralign for one year, valued at $25,000. “Across the Johnson & Johnson Family of Companies, we take pride in supporting innovators and entrepreneurs in the life science community,” notes Dr. Brad Vale, Head of Johnson & Johnson Development Corporation. “We work with emerging companies to help advance their science and technology into products that change people’s lives.”

In addition to the cash prizes, Fibralign received several prizes designed to give the company broad exposure to investors and industry. The company will be profiled in an upcoming issue of the MedTech Innovation Report. Fibralign will also get a presentation slot and complimentary full access registration to this October’s AdvaMed 2014 conference in Chicago, which is expected to attract more than 2,500 investors and MedTech industry professionals.

For detailed information on Fibralign, FLI and each of the MedTech Innovator Top 10 semi-finalist companies, see http://www.medtechInnovator.com.

Posada Del Rio

Legacy Capital finances 160-unit multi-housing property in Tucson

Legacy Capital Advisors, Phoenix, recently financed the sale of Posada Del Rio, a 160-unit multifamily property located in Tucson, Ariz. The building is approximately 99,280 square feet and was built in 1980. The property was sold to Radium Investments I, LLC (an entity formed by Jim and Kevin Szymanski of James Associates Management Equity Services, LLC). The seller was HSL Properties.  The sales price was $8.1 million, which equates to $50,625/unit.

“Kevin and Jim Szymanski had a tight time frame on the Posada Del Rio acquisition and we were able to secure a great new loan for them in 45 business days,” stated Jim Pierson, Principal at Legacy Capital Advisors.

Legacy Capital Advisors secured $6,100,000 in Agency (Freddie Mac) permanent financing. Financing was arranged by Jim Pierson and Keaton Merrell of Legacy Capital Advisors in Phoenix and the deal was brokered by Art Wadlund and Clint Wadlund of Hendricks Berkadia. Legacy Capital has a long-standing relationship with James Associates which has been active in both Phoenix and Tucson apartment ownership and management.