Construction starts on industrial development replacing former surf park; plus 5 more Valley deals...

Phoenix Business Journal 1/9 12:30A Brandon Brown

Construction has started on the new industrial park that will occupy the former home of Big Wave Surf Park in Tempe. Plus, our weekly roundup of Valley real estate deals includes a shopping center changing hands, a new cannabis dispensary and new...

Norwegian software company to establish global HQ in Tempe

Phoenix Business Journal 12/31 4:00A Amy Edelen

Norwegian industrial software company Cognite plans to set up its global headquarters in Tempe. Here's why the company is moving to Arizona.

Tempe food hall concept closes after less than a year

Phoenix Business Journal 12/27 6:51A Brandon Brown

The fledgling food hall restaurant concept Tempe Eats is closing just 11 months after it opened. Nonetheless, its owner has new plans for the space.

ASU, Mexico partner to build next generation of chipmakers, drive semiconductor innovation

Phoenix Business Journal 12/20 12:15A ASU News

Thousands of college students in Mexico will soon have the opportunity to enroll in Arizona State University’s new, free online course to learn the fundamentals of microelectronics and nanoelectronics. Designed by ASU's Ira A. Fulton Schools of...

Microchip CEO to review company from ‘top to bottom’ within 90 days

Phoenix Business Journal 12/4 12:15A Amy Edelen

Microchip CEO Steve Sanghi plans to conduct a comprehensive review of the company's operations over 90 days following the company's decision to close its Tempe factory to cut costs.

Made in Arizona: Tempe's FABRIC has designs on turning the Valley into a fashion manufacturing hub

Phoenix Business Journal 12/3 12:00A Mignon A. Gould

The Fashion and Business Resource Innovation Center (FABRiC) — a nonprofit fashion incubator, business accelerator and design studio — is giving Arizonans access to the fashion industry. Here's how it works.

Tempe's South Pier developer adds investor, eyes more phases

Phoenix Business Journal 11/26 12:00A Paul Thompson

One of the largest, multiphase commercial real estate projects in the Valley is heading toward another development milestone.

ASU preservation facility serves as test bed for rooftop heat mitigation

Phoenix Business Journal 11/21 12:00A Terry Grant

A roof coating that uses thermal energy storage materials from Arizona State University spinout EnKoat is halting the heat in several ASU buildings — including a section of the university’s largest preservation facility. The company is...

Carvana taps NASCAR's Jimmie Johnson for new campaign

Phoenix Business Journal 11/7 5:39A Adam Stern

The Tempe online used car retailer has a new commercial featuring one of NASCAR's driver superstars that will roll out on TV broadcasts and social media.

Dutch Bros CEO credits real estate strategy for earnings success

Phoenix Business Journal 11/7 12:45A Brandon Brown

Dutch Bros, which is headquartered in Oregon but is moving a large chunk of its corporate employees to Tempe, announced better-than-expected Q3 financial results, sending its stock soaring.

Lego signs big office lease in Tempe

Phoenix Business Journal 11/6 12:00A Audrey Jensen

Lego is planning to open a new office location at a high-profile building in the heart of downtown Tempe and has already started hiring.

Phoenix still a top 10 real estate market to watch going into 2025

Phoenix Business Journal 11/1 1:30A Audrey Jensen

Though it dropped several spots in the latest report, Phoenix retained its ranking within the top 10 U.S. real estate markets, and has lots of growth potential, according to a national site selector.

Tempe-based Oats Overnight plans massive Ohio expansion amid 'explosive' growth

Phoenix Business Journal 10/30 1:20A Brian Planalp

Tempe-based food producer Oats Overnight plans to make the Cincinnati area the hub of its East Coast research and development, production and fulfillment operations after signing a massive new lease.

Why Tempe's lakefront remains an office market stronghold

Phoenix Business Journal 10/25 1:55A Ron Davis

Tempe has remained the most valuable office market in the Phoenix metro, and Tempe Town Lake is at the center of the appeal. Here's why companies keep flooding to the area.

Dozens of Valley Planet Fitness locations getting upgrades; plus six more deals to know

Phoenix Business Journal 10/24 1:15A Angela Gonzales

More than two dozen metro Phoenix Planet Fitness franchise clubs are getting renovations and new equipment as part of a $12 million investment. Plus, our weekly roundup of real estate deals includes a new Tempe apartment community, a credit...