Inc. Magazine has recently unveiled its annual list of the fastest-growing private companies in America, known as the Inc. 5000 for 2024, featuring an impressive total of 136 companies from Arizona. This recognition not only highlights the entrepreneurial spirit within the state but also underscores its expanding economy.
Among the notable entries are two affiliated firms in the commercial real estate sector, Creation and LGE Design Build. Creation, an innovative commercial real estate developer and alternative investment firm, has distinguished itself by appearing on the Inc. 5000 list for the third consecutive year, earning the 1,462nd spot. The company achieved a remarkable three-year growth rate of 354%, reinforcing its status as one of the leading real estate developers nationally. Similarly, LGE Design Build, a prominent design-build construction firm, placed 3,263rd with a corresponding growth rate of 150% over the past three years.
David Sellers, co-founder of Creation and CEO of LGE Design Build, expressed profound gratitude for the recognition, stating, “Securing a spot on the Inc. 5000 list for consecutive years is a testament to the dedication and innovation of our incredible teams. At Creation and LGE, we are committed to creating impactful projects that enhance the communities we serve. This recognition underscores our relentless pursuit of setting new standards of excellence in the industry.”
Creation, founded in 2018 by David Sellers and Bob Agahi, currently holds more than $4.5 billion in development projects across multiple states, including Arizona, Texas, California, Tennessee, New York, and New Jersey. Their ongoing projects in Arizona include The Switchyard, Heritage Park, Park Algodon, Thunderbird Commerce Center, and Nexus Commerce Center.
Veronique James, the CEO of The James Agency, which ranks 3,394th on the list, also shared her pride in being acknowledged among prominent businesses in the nation, affirming, “I am often told our agency of 40 marketing experts operates like a $100 million business, and it is incredibly validating to see our team’s tenacity and wins recognized on the national stage.”
Below is a selection of some of the 136 Arizona companies that made the Inc. 5000 list for 2024:
1. **Lessen** (Software, Scottsdale) — ranked 2
2. **EDM Leads** (Advertising & Marketing, Gilbert) — ranked 33
3. **Fusion Power** (Energy, Chandler) — ranked 68
4. **Earp Aviation Repairs** (Logistics & Transportation, Chandler) — ranked 73
5. **SoDella Construction** (Construction, Scottsdale) — ranked 97
6. **Arkoks Health** (Health Services, Gilbert) — ranked 113
7. **Creation** (Real Estate, Phoenix) — ranked 1,462
8. **LGE Design Build** (Construction, Phoenix) — ranked 3,263
The Inc. 5000 list serves as an essential platform, tracking the self-reported revenue growth of private companies across the United States and showcasing those with the highest growth percentages over the past three years. This year specifically measured growth from 2020 to 2023, revealing the resilience and adaptability of these businesses amid evolving market challenges.
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