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connectcre.com

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RED Inks Refi on Camelback Office Building

RED Development inked a $69.3 million refinancing for The Offices at The Grove, a 185,536-square-foot Class AA office building in Phoenix. JLL’s Debt Advisory team led by Kevin MacKenzie, Jason Carlos and Frank Choumas represented RED Development in placing the five-year, fixed-rate loan with PGIM’s real estate investment group. The financing collateral consisted of the office building, a restaurant in the building, two retail spaces and an underground parking facility.

Phoenix, AZ · 6d
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inbusinessphx.com

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National Cloud Operator Acquires Phoenix Firm’s U.S. VMware Business

Expedient, a Cloud Service Provider delivering Intelligent Infrastructure for the AI era, announced it has acquired the U.S. managed VMware cloud business of phoenixNAP, a Phoenix-based global IT services provider. The transaction covers phoenixNAP’s managed VMware cloud services business and Veeam-based backup and disaster recovery as a service (DRaaS) business, serving U.S. clients from phoenixNAP facilities in Phoenix, Arizona, and Ashburn, Virginia. Terms were not disclosed.

Phoenix, AZ · 5d

hoodline.com

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Central Phoenix Neighborhood's Home Prices Jump 44% as Rest of Metro Stalls

A stretch of central Phoenix running through Midtown and Uptown just posted the single biggest home-price jump anywhere in metro Phoenix over the past year, with values climbing 44.2% even as the broader market barely inched forward. The gain stands out starkly against a metro area where price growth has mostly been stuck in neutral.

Phoenix, AZ · 8d
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AZFamily

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Phoenix affordable housing apartments open years after arson fire

PHOENIX (AZFamily) — Chicanos Por La Causa celebrated the ribbon-cutting of Revive 25 apartments in Phoenix. The affordable housing community is in the heart of the city’s Palomino neighborhood, near the Loop 101 and State Route 51. The development features 53 apartment homes with amenities for families, including...

Phoenix, AZ · 7d
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ABC15 Arizona

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Onsemi to acquire New York chip startup in huge cash deal

ON Semiconductor Corp. has entered into an agreement to acquire New York-based Ferric Inc. in a deal that could exceed $600 million.

Phoenix, AZ · 6d

azbex.com

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Industry Professionals 11-03-26

1. The Opus Foundation is investing $500K in the Pfister Housing Impact Fund to help expand access to affordable and workforce housing in Arizona. The program-related investment will provide catalytic capital to help advance housing developments for working families. 2. Achen-Gardner Construction sponsored and attended the 2026 Live Trench Safety...

Peoria, AZ · 6d

arizonafoothillsmagazine.com

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On the Market: Esplanade Place Penthouse with Iconic Landmark Views

Luxury living takes on a new perspective at Penthouse 1 in Esplanade Place, where Valley views and sophisticated interiors come together in one of Phoenix’s high-rise residences. Remodeled in 2021, the 3,350-square-foot home features three bedrooms, three bathrooms and a glass-walled den, with a split floor plan designed to balance privacy and comfortable entertaining.

Phoenix, AZ · 7d

AZFamily

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Ammonia leak reported at Phoenix food plant

Firefighters are working to find out what caused an ammonia leak at a food manufacturing plant in central Phoenix early Monday morning.

Phoenix, AZ · 7d

Plant Services

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Honeywell Aerospace plans to open $500 million manufacturing facility in Arizona

Honeywell Aerospace plans to open a new aerospace manufacturing facility in Tempe, Ariz., in late 2028. The company, which develops aerospace and defense technologies for commercial aviation, business aviation, defense and space applications, is investing $500 million into the project. The expansion is expected to create approximately 600 permanent jobs and support more than 1,000 construction jobs.

Tempe, AZ · 7d

Scottsdale Independent

partner publisher · 3.5K followers

Corporate workspace finished in Scottsdale

Wespac Construction has completed a 60,510-square-foot corporate workplace for Troon at Kierland II in Scottsdale.  Located on the building's fourth floor, the new space brings together

Scottsdale, AZ · 7d

azbigmedia.com

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JLL arranges $70.85M construction financing for Mayo Clinic-area hotel development

 JLL’s Hotels & Hospitality Group announced today that it arranged a $70.85 million construction loan for the development of a 257-room dual-branded Hotel Six Four, Mayo Blvd a Tapestry Collection by Hilton and Homewood Suites by Hilton in Phoenix. The project includes a 133-key Tapestry Collection by Hilton and a 124-key Homewood Suites by Hilton on an 8.15-acre site.

Phoenix, AZ · 7d

arizonafoothillsmagazine.com

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Trendsetter to Know: Patrick Buehl, Founder & CEO of Teen Tree

Married/Single: Married to Ashley — my first and only. Kids: Five! A proud blended family that keeps the house loud, the fridge empty and my heart full. A typical day in my life includes… an early alarm and the school drop-off relay, then a full sprint: department meetings, culture check-ins, contracts, insurance negotiations and time with other business leaders; all part of working to change the ecosystem so kids get long-term change and sustainable outcomes, not quick fixes. When I can, my absolute favorite thing to do is walk into Teen Tree and meet with the kids, or head into a Kid in the Corner board meeting knowing we’re going to make a difference. I also mentor youth through New Pathways for Youth. The day ends at the dinner table with Ashley and the kids, where the phones lose and the conversation wins.

Scottsdale, AZ · 7d

KTAR News

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Virgin Galactic’s Apeiron spaceship departs Arizona factory for testing

Virgin Galactic⁠ has completed assembly of its Apeiron spaceship at its Arizona factory in Mesa and transported the aircraft to the company’s operations base at Spaceport America in New Mexico, where it will undergo testing prior to a commercial launch next year. Virgin Galactic’s (NYSE: SPCE) Apeiron departed...

Mesa, AZ · 9d

fox10phoenix.com

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Scottsdale storms knock down power poles, leaving thousands without power

SCOTTSDALE, Ariz. - APS crews are working around the clock to repair downed power lines in Scottsdale after strong winds brought down power poles and caused outages. "Crews were spread thin last night," Capt. Dave Folio with the Scottsdale Fire Department said. Scottsdale Fire rescued six people at once after...

Scottsdale, AZ · 9d

azbigmedia.com

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Number of Phoenix millionaire renters surges 355%

Phoenix is quickly becoming one of the country’s top metros for millionaires. The number of households earning $1 million or more a year has grown from 257 in 2020 to 1,897 in 2024, a 638% surge that places the metro at No. 16 nationwide for millionaire households. And while...

Phoenix, AZ · 7d

2urbangirls.com

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How Much Does It Cost to Move in Scottsdale? A Realistic Budget Breakdown

“How much is this going to cost?” It’s the first question almost everyone asks when they start planning a move. It’s also the hardest one to answer with a single number. In Scottsdale, moving costs vary widely. Moving a studio apartment in Old Town is a very...

Scottsdale, AZ · 10d

Elegant Bookkeeping LLC

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Turning Numbers into Narratives: Glendale Bookkeeper Revolutionizing Small Business Finances

Zaara Jilani was no stranger to the chaos that often unfolds behind the scenes of small businesses. During her years working in various organizations, she witnessed firsthand the toll that poor employee retention and substandard bookkeeping could take, not just on the bottom line, but on team morale and overall business health.

Glendale, AZ · 7d

azbex.com

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Honeywell Announces $500M, 300KSF Expansion in Tempe

Honeywell Aerospace announced a major expansion of its manufacturing facilities, strengthening the company’s ability to meet growing demand across current and next-generation commercial aviation and defense programs. The new $500M, 300KSF Tempe facility will include an integrated digital production system, modular robotics, automated inspection, digital twins, and will be...

Tempe, AZ · 9d

inbusinessphx.com

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Taiwan Chip Supplier Opens First U.S. Plant in Glendale

The first work planned for Gudeng Precision Industrial Co.’s new Glendale manufacturing plant is aircraft machining. For a company whose products help protect wafers and chipmaking masks, the aerospace start reflects the two industries it intends to serve from its first U.S. production site. The Taiwan-based company celebrated the...

Glendale, AZ · 10d