National nonresidential construction spending remained virtually unchanged on a monthly basis in October and was down 0.9% year over year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.25 trillion. Spending rose month over month in 9 of the 16 nonresidential subcategories. Private nonresidential spending was down 0.2%, while public no

Canyon State Electric recently announced that it has transitioned to an Employee Stock Ownership Plan (ESOP), becoming an employee-owned company following a transaction completed in early November. The move formalizes the company’s long-standing commitment to investing in its people while ensuring long-term stability for clients, partners, and employees across the Southwest.   President Robert Hughes (left), CEO Stephanie Maderazzo-Hughes, and CEO/CBDO Chris Maderazzo (right)

As Dry January and the rapid rise of  dry tourism  reshape how travelers approach drinking culture, hospitality is entering a more intentional era, one where non-alcoholic beverages are crafted with the same care, creativity, and sense of occasion as traditional cocktail programs, elevating the ritual itself rather than emphasizing abstention. Especially with wellness travelers seeking sober getaways,  67% of whom are looking for new wellness activities to feel rejuvenated an

Expanded executive team sharpens operational focus and supports expansion into new high-growth markets   Nox Group , a hyper-scale industrial builder, announced a notable round of executive promotions and organizational realignments across its Phoenix headquarters and Southwest operations to support rising demand nationwide for mission-critical industrial facilities, including data centers, semiconductor plants, and water and wastewater infrastructure.  (L-R) Rob Infantino, R

IndiCap , a commercial real estate firm specializing in industrial investment and development throughout the U.S. Southwest, in partnership with  Invesco  Ltd. (NYSE: IVZ), a publicly traded, global independent investment management firm, announced today the completion of the sale of a 566,121-square-foot industrial building located within  Virgin Industrial Park  in Glendale, Arizona, to an undisclosed buyer. The transaction closed for a total consideration of $90,579,360.  

Leasing is officially underway at Verge, a newly delivered build-for-rent (BTR) community in Apache Junction, as residents begin moving into one of the East Valley’s most anticipated housing offerings – and we’re fully open to the public! Verge is thoughtfully designed to meet the growing demand for attainable, high-quality rental housing in the greater Phoenix metro. The community delivers modern single-family homes, intentional design, and a resident-first experience, witho

Construction input prices increased 0.6% in November compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.6% for the month. Overall construction input prices are 3.4% higher than one year ago, while nonresidential construction input prices are 3.8% higher. Prices increased in 2 of 3 energy categories la

Emery Sapp & Sons (ESS) announced today that it has acquired the equipment of the Highway Services Group from Penhall Company, expanding its pavement maintenance and preservation capabilities nationwide. With this equipment asset purchase, ESS now owns the largest diamond grinding and grooving fleet in the United States, with more than 242 pieces of equipment. Paired with decades of experience and a deep bench of operational horsepower, this equipment expansion positions ESS

Bidding Begins Closing: Tuesday, January 20th at 8:00 AM Preview Date: Live Preview Thursday, Friday & Monday 7 AM - 3:30 PM Visit us online at wsmauctioneers.com Start Bidding Now Invoices will be emailed to the successful bidders We make the online bidding process easy by offering ProxiBid Our mailing address is: WSM Auctioneers 1616 S 67th Ave Phoenix, AZ 85043-7700 #WSMAuctioneers

New leadership will advance professional development and industry impact across metro Phoenix Leading networking organization Arizona Commercial Real Estate Women ( AZCREW ) has named its 2026 Board of Directors, spanning leaders from a broad range of commercial real estate disciplines to help advance the organization’s mission of career growth, industry collaboration and meaningful connections for women in commercial real estate. Nicole Solar   Nicole Solar , Client Developm

The construction industry lost 11,000 jobs on net in December, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment grew by 14,000 jobs, an increase of 0.2%. Nonresidential construction employment decreased by 7,800 positions on net, with losses in 2 of the 3 subcategories. Heavy and civil engineering added 2,300 jobs, while nonresidential specialty trade and

The construction industry had 292,000 job openings on the last day of November, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 90,000 during the month and are up by 15,000 from the same time last year. “Construction job openings rose meaningf

Collaboration to boost efficiency and accessibility across global marine sectors Mammoet has entered into a strategic partnership with Tugdock Submersible Platforms Limited (Tugdock) to expand the use of the Tugdock Submersible Platform (TSP) - a breakthrough technology that improves buoyancy, stability, and load-in/load-out operations across marine industries.   The TSP is a modular, submersible platform that allows large floating structures to be transferred seamlessly from

Webcor LP, a full-service commercial builder headquartered in San Francisco, announces the acquisition of GCON, a construction management firm based in Phoenix. The transaction is expected to close in Q4 2025, subject to customary closing conditions and regulatory approvals. Matt Rossie This strategic relationship enables Webcor to leverage GCON’s expertise in critical environments – including data centers and semiconductor projects­­­ – to expand into high-growth technology

Light House's New CPI Benchmarking Study highlights gaps, opportunities, and a pathway to a circular economy for construction plastics — providing a baseline as Canada’s Construction Sector prepares for expanded plastics reporting. Light House today released the  Construction Plastics Initiative (CPI) Benchmarking Study , the first national effort to evaluate plastics in Canadian construction projects at scale.   By analyzing diversion data from 253 LEED-certified projects ac

By Christina Noble For Lorenzo Perez, every forgotten building is a chance to prove what Phoenix can become. Few developers have shaped Phoenix’s sense of place like Lorenzo, co-founder of Venue Projects, whose adaptive reuse destinations include Windsor, The Orchard, and The Newton. A self-described “stubborn optimist,” he transforms forgotten spaces into neighborhood anchors that celebrate the stories embedded in Arizona’s built fabric. In our conversation, Lorenzo reflects

The American Concrete Institute (ACI) today announced its specification, ACI SPEC-563-25: Repair of Concrete in Buildings, is now available in the International System of Units (SI). This milestone provides design and construction professionals worldwide with greater accessibility and usability of ACI’s widely respected repair specifications. The SI edition of ACI SPEC-563-25 ensures that engineers, contractors, and owners working in global markets can implement the specifica

Arizona Contractor & Community Magazine begins its 15th year with its 73rd issue, a 96-page exploration of the Salt River, an unpredictable waterway that has historically ranged from a trickle to a flood, supplying about half of the water used in the Phoenix metropolitan area. The magazine covers the construction of its infrastructure, how the water is diverted and used, and highlights a significant celebration and a tragic disaster related to Theodore Roosevelt Lake. Many th

Bidding Begins Closing: Saturday, January 10th at 8:00 am Live Preview Monday Jan. 5th - Friday Jan. 9th 7AM - 3:15PM WSM Will Be CLOSED December 23rd Thru January 4th Visit us online at wsmauctioneers.com Start Bidding Now Invoices will be emailed to the successful bidders We make the online bidding process easy by offering ProxiBid Our mailing address is: WSM Auctioneers 1616 S 67th Ave Phoenix, AZ 85043-7700 #WSMAuctioneers

Cheers rumbled throughout the Enclave business park in Tempe last week during the ribbon-cutting ceremony for Canyon State Electric’s (CSE) new office headquarters, located at 1618 S Priest Dr., #101, Tempe, AZ 85281.   The  new location  features nearly 15,000 SF of office space and a warehouse over 6,000 SF— a combined footprint almost double the size of the company’s previous location in Phoenix. The conjoined office and warehouse will give CSE the ability to house both of