News


Voters approve Prop 126, banning taxes on services

Phoenix Business Journal

Arizona voters approved Proposition 126 Tuesday with roughly 66 percent of the vote, amending the state’s constitution to ban taxes on services. 

The voter-approved measure will change Arizona’s constitution to prohibit sales taxes on any service, such as haircuts, pet grooming, banking and doctor visits that were not already…Read More »


September home prices inch up in metro Phoenix, outpacing national average

Phoenix Business Journal

Affordability is becoming an obstacle to homeownership in the region.

Source: Residential News

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Multiple headquarters move Amazon closer to its goal: Everything company

Phoenix Business Journal

When it comes to the prospect of the much-discussed HQ2 being two locations instead of one, from Amazon’s point of view, things seem to be working out rather nicely.

Source: Commercial News

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Engineering consulting firm adds new Valley office

Phoenix Business Journal

Engineering consulting firm Terracon is opening an office in Avondale and is moving some staff to the West Valley from its Tempe office.

Kansas-based Terracon has more than 140 offices nationwide, and provides environmental, facilities, geotechnical and materials services.

Jennifer Tran, who previously worked at the Tempe office,…Read More »


Valley Leadership names Man, Woman of the Year award winners

Phoenix Business Journal

Valley Leadership has named two longtime Phoenix business leaders — one in development and another in the arts and education — as its annual Man & Woman of the Year award winners.

John Graham, Sunbelt Holdings Inc. president and CEO, and ASU Gammage Executive Director Colleen Jennings-Roggensack were chosen…Read More »


Construction in Indian Country conference set for Phoenix this week

Phoenix Business Journal

The 15th Construction in Indian Country National Conference begins Wednesday at the Wild Horse Pass Hotel and Casino in Chandler.

This year’s conference, with the theme “Building Visions for Tomorrow’s Tribal Communities: Innovating Tribal Planning, Development and Construction” runs Nov. 7-9 and features a variety of workshops and…Read More »


Downtown Phoenix Block 23 development signs first office tenant

Phoenix Business Journal

Block 23, the future location of downtown Phoenix’s first grocery store, signed its first office tenant: accounting firm Ernst & Young U.S. LLP.

The firm will take up 20,000 square feet in the office portion of the development and will move into the building, being developed by RED…Read More »


Online housing transactions on the upswing in metro Phoenix

Phoenix Business Journal

Offerpad and Opendoor are buying homes at a sustained clip as more consumer look online for their next residence.

Source: Residential News

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Deals of the week: Goodyear shopping center, Phoenix offices change hands

Phoenix Business Journal

Palm Valley Pavilions West, a 232,577-square-foot shopping center in Goodyear, sold for $44.8 million.

The 28-acre property was built in 1994 and redeveloped in 2002. It is nearly 99 percent leased to tenants that include Ross Dress for Less, Best Buy, Total Wine & More and Ulta.

Pete…Read More »


Phoenix church redevelopment backers look to secure funding

Phoenix Business Journal

Backers of a project involving redeveloping a downtown Phoenix church into a mixed-use space hope to close on financing during the next few months.

The Monroe Street Abbey, at the site of the former First Baptist Church that was gutted by a fire in the 1980s, hopes to be…Read More »


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