News


IKEA opening second Arizona store

Phoenix Business Journal

Swedish furniture giant IKEA is opening a second store in Arizona in Glendale.

IKEA — which already has one of its super stores in Tempe — is opening the store at the Loop 101 and Bethany Home Road.

That is near the Westgate Entertainment District development.

IKEA will start construction of…Read More »


Why Gloria Miranda left medical school for real estate

Phoenix Business Journal

Gloria Miranda was in her third year of medical school and was in the process of getting her Ph.D in neuro genetics in New York when she decided to change career paths.

Miranda — who has an undergraduate degree in zoology and a master’s in genetics —became frustrated with…Read More »


Weight Watchers opening new expanded facility in East Valley

Phoenix Business Journal

Weight Watchers of Arizona is opening a new expanded facility in the East Valley.

The new space, which spans 1,700 square feet, will open in the Fulton Ranch Promenade at Alma School Road and Chandler Heights Road on Sunday, Oct. 1.

The company’s 11th weight loss center, replaces the current…Read More »


Big earnings miss for big retailer

Phoenix Business Journal

Bed Bath & Beyond (Nasdaq: BBBY) missed earnings estimates by 28 cents per share and its stock cratered closing down XXX percent as another retailer struggles.

Bed Bath & Beyond reported earnings of 67 cents per share for the second quarter.

That missed analysts’ expectations of 95 cents, according to…Read More »


Prominent development site cleared in downtown Mesa

Phoenix Business Journal

The property was previously home to car dealerships.

Source: Residential News

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Superdome, UOP Stadium, Soldier Field manager hired at PhoenixMart

Phoenix Business Journal

The development is built in Pinal County south of Phoenix.

Source: Commercial News

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Amazon and its new headquarters: Buyer beware and ‘winner’s curse’

Phoenix Business Journal

The bidding war is on for a $5 billion second headquarters for Amazon.com Inc. (Nasdaq: AMZN) with scores of states and regions looking to land the 50,000-employee site selection.

Bids from Arizona could be hampered because the state doesn’t have the big incentive war chest and doesn’t craft big…Read More »


Even Stevens owner faces SEC investigation

Phoenix Business Journal

The owner of Even Stevens’ plans for a large event center in a historic St. Paul, Minnesota building have come to halt as the company behind the project has been drawn into a federal securities investigation.

Source: Commercial News

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Amazon turns down 21-foot cactus from Arizona group seeking second headquarters

Phoenix Business Journal

Amazon.com Inc. (Nasdaq: AMZN) rejected a 21-foot Saguaro cactus an Arizona economic development group sent to it to bring attention to a bid for the e-commerce giant’s second headquarters.

Sun Corridor Inc. sent the cactus to Amazon and its billionaire CEO and founder Jeff Bezos as a way to…Read More »


Historic Arizona motel visited by Ty Cobb, Willie Mays, Hollywood stars, possibly JFK sold

Phoenix Business Journal

Brian Rosella of Cushman & Wakefield helped broker the sale.

Source: Commercial News

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