The Mangat Group Launches MG Business Park to Power Industrial Condo Expansion

Industrial CondoRendering: Modern industrial condos hit the Glendale market, delivering high-demand small-bay ownership in the West Valley

Glendale, Ariz. (October 28, 2025) – The Mangat Group announced today the launch of MG Business Park, a brand-new industrial condo development located on the southeast corner of Glendale Avenue and New River Road in Glendale, Ariz. The 8.5-acre site, zoned M-1 (Light Industrial) by the City of Glendale, will feature 36 units across five buildings, totaling more than 84,000 square feet of small-bay industrial space.

Strategically located near Luke Air Force Base with immediate access to Loop 101, I-10, and Loop 303, MG Business Park places users at the center of the rapidly expanding West Valley industrial hub. The site is also in proximity to TSMC and AMKOR Technology. Construction is scheduled to break ground in Q1 2026, with project delivery anticipated in Q4 2026.

“MG Business Park offers exceptional accessibility and modern design for users looking to own in a high-demand market,” said Jordan Tennant, Vice President at ORION Investment Real Estate. “The location, quality, and ownership flexibility make it a standout addition to Glendale’s industrial landscape.”

MG Business Park will feature flexible units ranging from 1,440 to 14,700 square feet, available individually or combined for larger footprints. Each condo is designed for today’s small and midsize business owners, offering 19-foot clear height, 12×14-foot grade-level doors, 200 amps of three-phase power, and a common truck well.

Ownership options include shell delivery or spec office buildouts, accommodating a variety of operational needs across sectors such as manufacturing, warehousing, distribution, trades, and flex users.

“The West Valley is experiencing incredible industrial growth, and MG Business Park was designed to meet that demand while allowing business owners to invest in their future,” said Tony Mangat, founder and CEO of The Mangat Group. “This project combines flexibility, functionality, and ownership.”

Sales are currently available at $325 per square foot for gray shell and $350 per square foot for spec office delivery. For sales inquiries, interested buyers can contact Jordan Tennant ([email protected]) or Brett Ranta ([email protected]) at ORION Investment Real Estate or visit http://www.orionprop.com/.




12th Annual Report Spotlights a Healthy Santa Cruz River

Santa Cruz River

TUCSON, AZ (October 28, 2025) — Southern Arizona’s longest river is thriving. That’s the message of the 12th annual Living River Report, which offers a detailed look at the stretches of the Santa Cruz River that now flow year-round through Pima County. The collaboration among Pima County Flood Control, Wastewater Reclamation, Conservation Lands & Resources, Tucson Water, and the Sonoran Institute chronicles how life continues to flourish along a once-dry desert channel.

More than 23 miles of the Santa Cruz now carry continuous flow—sustained by high-quality reclaimed water released from the County’s Agua Nueva and Tres Ríos facilities.

“The conditions in the river are stable,” said Eleonora Demaria, chief hydrologist with Pima County Flood Control. “The quality of the water is very high—that hasn’t changed.”

Since major wastewater-treatment upgrades more than a decade ago, researchers have tracked a steady ecological rebound. Over the past year, University of Arizona scientists recorded 41 dragonfly species near Marana, up from 39 in 2023—a clear sign of the river’s improving biodiversity.

The report also highlights the County’s efforts to balance public safety and habitat protection. Before starting flood-safety and restoration work near Twin Peaks Road, biologists relocated 632 reptiles, including Sonoran mud turtles, desert iguanas, and banded geckos, ensuring construction would not harm native species.

Elsewhere, Pima County is redeveloping the former Roger Road Wastewater Reclamation Facility, transforming the 50-acre site into a mix of open space, ecological restoration, and market-driven reuse. An updated Floodplain Management Plan will add new projects to reduce flood risk, restore riparian habitat, and improve river access.

Community stewardship remains central to the river’s revival. Nearly 800 volunteers removed 10 tons of trash from the riverbed in 2024, while local students and educators participated in hands-on science and art programs through the Living River of Words and BIORETS initiatives. The new Santa Cruz River Wildlife Partnership further unites agencies and residents in protecting this shared resource.

From downtown Tucson to Marana, the 2025 report affirms a powerful transformation: the Santa Cruz River is once again a living artery—supporting wildlife, replenishing groundwater, and reconnecting communities across Southern Arizona.

The Living River Report is available in both English and Spanish at the Sonoran Institute’s website.




At Home Emerges from Chapter 11 with New Ownership and Fresh Financing

At Home

(October 28, 2025)At Home Group has completed its restructuring and officially exited Chapter 11 bankruptcy, the home décor retailer announced last week.

Now under the ownership of a group of its lenders, At Home has eliminated nearly all of its $2 billion in funded debt and secured $500 million in new exit financing to support operations and future growth. The company filed for bankruptcy in June, citing the impact of tariffs and consumer uncertainty on its business model.

At Home currently operates 229 stores across 39 states, down from 260 at the time of its filing. Despite the reduced footprint, the company says it is entering a stronger financial position heading into the critical holiday season. This period traditionally accounts for roughly 40 percent of its annual sales.

In a statement, CEO Brad Weston called the emergence “an exciting new beginning” and said the company is focused on regaining relevance with consumers. “We are officially starting our next phase with renewed financial strength, flexibility, and momentum,” Weston said. “We’re taking decisive actions to become more relevant, more inspiring, and more connected to our customers. This new chapter redefines what At Home can be—a brand that helps customers design and create spaces that reflect who they are and how they live.”

The retailer’s new ownership group includes funds affiliated with Redwood Capital Management, Farallon Capital Management, and Anchorage Capital Advisors. Leadership changes accompanied the restructuring, with Weston and Andrew Kilbourne of Redwood Capital joining the company’s board. Additional appointments are expected soon, including John Eck, former CEO of Mattress Firm, and Karen Stuckey, a longtime Walmart executive and current Gildan board member.

While the company’s debt relief provides breathing room, analysts note that At Home still faces headwinds from tariffs that affect much of its merchandise and continued consumer caution around discretionary spending. Nevertheless, the retailer begins its next chapter with a leaner balance sheet and the capital to pursue a focused turnaround.