Arizona Attracts ‘Record Investments,’ ‘Major’ Economic Wins

By Kari WilliamsFrom the March/April 2024 IssueNoted as a targeted growth sector in the 2024 Business Facilities Site Seekers’ Guide, Arizona’s semiconductor industry continues to grow. In late December 2023, the Arizona Commerce Authority (ACA) said it would invest $17.5 million in Arizona State University “to expand Arizona’s advanced semiconductor manufacturing capabilities.” The funds will go toward…

Read More

Leasing activity heats up at Gainey Center II after acquisition by local investor

Seven companies have either leased space or expanded their operations at Gainey Center II.The three-story Scottsdale office building was acquired last summer by Phoenix-based Reliance Management — an entity led by Valley real estate investor Daryl Burton. It has seen 35,000 square feet of new occupancy since the building changed hands, said Andrew Cheney, principal at Lee…

Read More