News about Chandler, Arizona (AZ)

Via CHANDLER, Ariz.–(BUSINESS WIRE)–Two Arizona-based tech entrepreneurs today announced the launch of a new venture capital firm, E&I Ventures, which will focus on making equity and debt investments in technology businesses in the seed, angel and Series A stages. Geoffrey Mobisson and Doug Guilbeau are co-founders of Levementum, a successful and rapidly growing partner focused on Marketing Cloud, CRM, commerce and IoT. Levementum is headquartered in Arizona, with

Native Grill & Wings Closes Amid Questions About Why

Via Native Grill & Wings in Chandler has closed, but has left some confusion why. Initially, a note taped to its front door blamed the rising cost of business and Arizona’s minimum wage increase. However, a restaurant spokesman says the real reason it was closed is because of “underperformance.” Mike Misetic, a spokesman for the Chandler-based chain, said that the note was posted by an “uninformed manager” and that

Newmark Secures $151M In Financing For 30-Property Industrial Portfolio In Arizona

Via PHOENIX — Newmark has secured $151 million in financing for a 30-property industrial portfolio in Arizona. The portfolio contains more than 4 million square feet of space occupied by more than 1,000 tenants. The 15-year non-recourse loan features a rate below 4 percent. The portfolio is a mix of light industrial / manufacturing buildings with small to medium bay depths. The properties are located in Phoenix, Tempe, Mesa,

Via Turbo Resources — which provides aeronautical and aerospace parts to international airlines and other customers — is breaking ground on a new global headquarters in Chandler. Turbo already is based in Chandler but is building a new 247,000-square-foot corporate base including offices and warehouse space. “We currently have 47 employees and will be growing to around 100 in the next three to five years,” said Turbo CFO Rick

Chandler Gets New Traffic Cameras

Via Photo enforcement cameras at a Chandler intersection will start taking pictures of law-breaking drivers on Monday, May 1. The cameras are at the intersection of McQueen and Queen Creek roads and will only monitor drivers going north or south on McQueen. While the cameras will be turned on on Monday, violators will only receive a warning during the month of May. On Thursday, June 1, citations will be given

BASIS Top High School in the Nation

Four schools in Arizona placed in the top five spots in U.S. News and World Report’s much-watched rankings of the nation’s high schools. BASIS Scottsdale topped the list, followed by BASIS Tucson North at No. 2 and BASIS Oro Valley at No. 3. The BASIS schools are a group of charter schools in Arizona and Texas, as well as a branch in Washington, D.C. High Technology High School in New Jersey is

Jobs in the Valley

Looking for a new job? These places are hiring Valley workers. See if your skill set fits any of the positions! Phoenix Job Fair Find a new career on Mon., April 24 from 11 a.m. until 2 p.m at the Hilton Phoenix Airport. There are nearly 2,000 jobs up for grabs. Some of the employers include Bank of America, State Farm, The Westin Kierland Resort & Spa, United Health

Intel Unveils Largest Corporate Solar Carport Array In Arizona

Via Intel found a second use for its Ocotillo Campus parking lot in Chandler by installing a 7.7 megawatt solar carport array over 3,200 of its parking spaces. The solar carports provide enough energy to power about 1,160 American homes through the course of the year and will be used as part of Intel’s energy mix for its Ocotillo plant. The carports also provide shade for the thousands of cars

Bebe Closing All Stores

Via Another retailer is falling victim to the new ice age for traditional brick-and-mortar stores and an industry dominated by Inc. (Nasdaq: AMZN) California-based Bebe Inc. (Nasdaq: BEBE) is closing all its stores. That includes five in Arizona: single stores at Scottsdale Fashion Square, Arizona Mills Mall, Tanger’s Westgate Outlets and two in Tucson. The company previously closed a store at Chandler Fashion Center. “The company currently anticipates

Transportation Investments In East Valley

Via In the past, Valley residents would drive their own personal vehicles on the very limited number of freeways available to them. Now, anyone can get anywhere quickly with the enhancements of freeways, bus systems, on-demand services, the light rail and much more. The evolution of transportation in the PHX East Valley has helped drive the region. Over the past 10 years, bus systems have grown and the creation