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SkySong Welcomes IE Data company

SkySong Welcomes Leading Manufacturer of Data Center Technology to New Arizona Office

IE Corporation Takes Space in SkySong 2 to Cement Valley Presence

SCOTTSDALE, Ariz. (May 20, 2020) — A prominent Price, Utah-based manufacturer of integrated, custom engineered data center technology has chosen SkySong for its Arizona office.

IE Corporation (IE) has signed a lease for a 2,336-square-foot space in SkySong 2, the company’s first permanent office space in Arizona. The space is one of several ready-to-occupy spec suites at SkySong, offering companies accelerated speed to market.

IE is a leader in the engineering and manufacturing of data center technology including power distribution skids, generator enclosures, tanks and packaging, electric switchgear, packaging and integration and chilled water pump packages. Their current customers include various colocation and hyperscalers. IE has manufacturing and operation locations across the United States including Utah, Arizona, Colorado, Illinois and Ohio to provide nationwide support.

They recently purchased a modular data center and software company called Baselayer, which will be relocating to the SkySong office. Baselayer is a leader in the modular data center industry with ~200 megawatts of deployed capacity across three continents. Baselayer’s products are an ideal complement to IE’s existing portfolio and bolster IE’s presence in the Mission Critical industry. IE is bringing Baselayer into its Mission Critical business segment, supported and managed by Bobby Houston, IE’s Vice Chairman and head of the Mission Critical Business.

“We are pleased to relocate the Baselayer team to SkySong to join the ranks of other hi-tech and innovational companies. We look forward to a long and prosperous future at SkySong,” said Kindra Martone, VP of Data Center Strategy for Baselayer.

Sharon Harper, Chairman and CEO of Plaza Companies, the project’s master developer, welcomed IE and said they are an ideal fit at SkySong.

“IE Corporation is at the forefront of innovative data center technology engineering and manufacturing and they are exactly the type of company we welcome as part of SkySong,” Harper said. “We are excited to see what kind of impact they will have and are pleased that SkySong will be a home for them.”

“Issues surrounding cybersecurity are of critical importance, and continued advancements are essential for business, industry, government and academia,” said Sethuraman Panchanathan, executive vice president of Knowledge Enterprise and chief research and innovation officer at ASU. “It’s gratifying to have an industry leader like Intermountain Electronics locating in SkySong and expanding its presence in the Phoenix area.”

The Coppola Cheney Group of Lee & Associates, SkySong’s leasing broker represented the property ownership group. Intermountain Electronics was represented by Jason Moore of JLL in the transaction.

SkySong is a 42-acre mixed use development designed to:

  • Create an ecology of collaboration and innovation among high-profile technology enterprises and related researchers;
  • Advance global business objectives of on-site enterprises;
  • Raise Arizona’s profile as a global center of innovation through co-location of ASU’s strategic global partners; and
  • Create a unique regional economic and social asset.

Companies located at SkySong have the opportunity to partner with Arizona State University, which has more than 100,000 students studying across four metropolitan Phoenix campuses, in Lake Havasu City, Los Angeles, Washington D.C. ASU is one of the largest public universities in the nation, with the majority of its students attending its campus in Tempe, Arizona, less than three miles from SkySong. 

In addition to locating its own innovative research units at the center, through ASU’s on-site operations, tenant companies have a single point of contact for introductions to researchers, faculty and programs to address their specific needs.

For more information on SkySong, visit SkySong.com or follow developments on Facebook.  

SkySong Adds 1.5 Acre Parcel to Project Ground Lease

Will Generate Revenue for City, Increase Property Values

SkySong, The ASU Scottsdale Innovation Center, continues to grow — but this time, in a different way. 

The City of Scottsdale has approved a modification to the project’s ground lease to allow a City-owned, contiguous 1.5-acre parcel along McDowell Road that was previously not included in the development to become part of the project.

The parcel, which is currently being used for parking, may now become part of the master plan for the site and could be developed with as much as 120,000 square feet of new construction. Potential uses include office, retail and hospitality — residential uses are prohibited. 

The transaction will also generate approximately $3.6 million in lease payments in the coming years for the City of Scottsdale, with the timing dependent upon when the parcel is developed and what kind of uses are created. It will help fulfill the positive economic impact of the project on the community. SkySong has already increased property values in the area dramatically over the years, and this increased project size and flexibility should further that impact. 

Read the entire article at this link.

Banner Innovation Group Leases New Space at SkySong

SkySong, The ASU Innovation Center, is now home to a company on the front lines of the fight against the COVID-19 virus.

Banner Innovation Group, a department within Banner Health focused on purposeful and disciplined innovation, has leased a new space at SkySong.  Banner Health formed the Banner Innovation Group to innovate care delivery and business models, patient experiences, development of transformative partnerships and rapid scaling of solutions.

During the current public health crisis, Banner Innovation Group is partnering with public and private sector groups to meet the growing demand for supplies for health care professionals, including personal protective equipment, 3D printing of masks and face shields and gown manufacturing options. 

Banner Innovation Group had been looking at a presence in SkySong for months, but with their new 8,300-square-foot space in SkySong 2 now in place, they are able to collaborate with Plaza Companies and Holualoa Companies to meet the growing crisis. They also have an extensive relationship with Arizona State University which will expand over time as part of their presence at SkySong.

“Banner Innovation Group is committed to improving the quality of health care through purposeful and disciplined innovation and the relationship that exists between SkySong and ASU grants us access to some of the brightest minds in the industry,” said Banner Innovation Group Executive Director Christine Anderson. “In this time of crisis, the partnership between Banner Innovation Group, ASU and SkySong has been particularly beneficial.”

The new space for Banner Innovation Group consolidates two spaces that were on opposite ends of the Valley. 

“Not only does this exemplify what ASU and Plaza Companies envisioned for SkySong tenants, it serves as a great example of community leadership coming together in a time of crisis,” said Sharon Harper, Chairman and CEO of Plaza Companies. “Banner Innovation Group will play an important role in Arizona’s COVID-19 response and we are pleased to be able to support them now and in the future.”

“The SkySong team prides itself on being able to act quickly and be responsive to the needs of our tenants,” said Stan Shafer, Chief Operating Officer of Holualoa Companies, one of the partners in SkySong. “The kind of collaboration you’re seeing with Banner Innovation Group is one of the distinguishing features of SkySong.” 

The Coppola Cheney Group of Lee & Associates, SkySong’s leasing broker represented the property ownership group. Banner Innovation Group was represented by Vicki Robinson of Jones LaSalle Lang in the SkySong transaction.

“We continue to be pleased with the growth and expansion at SkySong, and are looking forward to expanding our work with Banner Innovation Group,” said Sethuraman Panchanathan, executive vice president of Knowledge Enterprise and chief research and innovation officer at ASU. “We welcome Banner Innovation Group to the project, and are gratified to support their efforts to preserve public health and respond to the COVID-19 outbreak.”

SkySong 6 Design Plans Presented to City for Review, With Construction on New Building Scheduled to Start in May 2020

Largest Building in Project Will Be Accompanied by Parking Structure

SCOTTSDALE, Arizona (January 7, 2020) — The developers of SkySong, The ASU Scottsdale Innovation Center have filed for design approval with the City of Scottsdale for SkySong 6, which will be the largest building in the project.

SkySong 6 will be the next building to be constructed at SkySong, with construction now scheduled to begin in May 2020. The new Class A office building will include approximately 340,000 square feet of leasable space in six stories with an adjacent multi-story parking structure.

Butler Design Group, the architect for the project has created cutting-edge design concepts and renderings for the new building, which will have an imposing presence at the hard southeast corner of Scottsdale and McDowell Roads. A key differentiator of SkySong 6 will be 55,000 square foot floor plates — the largest floor plates built along Scottsdale Road in the past 20 years.

Plaza Companies is the developer of SkySong 6 and the master developer of the overall SkySong development, in partnership with Holualoa Companies; University Realty, a subsidiary of ASU Enterprise Partners; and the City of Scottsdale. Layton Construction will be the general contractor for the project, and Alliance Bank will provide financing for the building.

“We are very pleased to be able to start work on this exciting new addition to the SkySong project,” said Sharon Harper, President & CEO of Plaza Companies, the master developer of the project. “This new building will add dramatically to the overall signature of the project and provide an exceptional environment for its tenants.”

The approximately 340,000 square foot building SkySong 6 building features floor-to- ceiling glass windows facing out to the intersection of Scottsdale and McDowell Roads. A large public space will be located on the corner, with a second-story balcony overlooking the area. Construction of SkySong 6 will also include a new parking structure to serve the two newest buildings. SkySong 6 will be integrated into the project with significant pedestrian and bike connections designed to promote health and wellness, outdoor gathering and meeting spaces and other state-of-the-art features.

Read the entire article at this link.

SkySong Emerges as Conference Destination for Scottsdale

Hosts More Than 4,500 Meetings and 63,000 Visitors Annually

There are many reasons people flock to SkySong in southern Scottsdale — and one of the biggest reasons is its growing reputation as a meeting destination.

SkySong now hosts more than 4,500 events each year in its 14,000 square feet of conference spaces, bringing more than 63,000 people into the project and the Scottsdale community. With 16 different meeting venues to choose from, it offers a unique hub found nowhere else in Greater Phoenix. And this doesn’t even include the outdoor offerings at the 38- acre campus.

And with the opening of the new Element Hotel at SkySong, the draw of SkySong as a meeting, conference and event location is growing even stronger — providing yet another reason for business travelers to go to Scottsdale and cementing the city’s reputation as a hub for commerce and tourism.

“We have always considered SkySong a gathering place for innovation, and that includes it becoming a central point for collaboration,” said Sharon Harper, President & CEO of Plaza Companies, the master developer of the project. “These types of meetings and conferences help make SkySong even more dynamic and impactful over time.”

Read the entire article at this link.

Design for SkySong 6 Unveiled as Building Enters Pre-Leasing

Office leasing momentum remains strong at SkySong — so much so that the project’s sixth building has now been designed and launched for pre-leasing.

SkySong 6 will be the next building to be constructed at SkySong. Project architects, Butler Design, Group have created cutting-edge design concepts and renderings for the new building, which will have an imposing presence at the hard corner of Scottsdale and McDowell Roads. A key differentiator of SkySong 6 will be 55,000 square foot floor plates — the largest floor plates built along Scottsdale Road in the past 20 years.

With SkySong 5, which is currently under construction and expected to open this summer, already achieving 73 percent occupancy, the time was right to begin thinking about the creation of even more Class A office space at the project.

“We are absolutely thrilled with the  SkySong 5’s success and are already looking forward to  preleasing on SkySong 6,” said Sharon Harper, President & CEO of Plaza Companies, the master developer of the project. “These two dynamic buildings really illustrate the vision of innovation and technology that makes SkySong so attractive to companies.”

Read the entire press release at this link.

SkySong 5 Tops 70 Percent Occupancy Months Before Completion

Leasing interest remains strong in the buildings at SkySong, with the newest building on the property achieving 73 percent occupancy months before opening.

With significant leases from Arizona State University — which is taking two floors in the six-story building — and companies including Berkadia and Limelight Networks, SkySong 5 already is nearly three-fourths leased while still under construction.

“We are very pleased with the interest in SkySong 5,” said Sharon Harper, President & CEO of Plaza Companies, the master developer of the project. “This dynamic building really illustrates the vision of innovation and technology that makes SkySong so attractive to companies.”

Plaza Companies is the developer of SkySong 5 and the master developer of the overall SkySong development, a public-private partnership with ASU University Realty, Holualoa Companies and the City of Scottsdale.

Read the entire article at this link.

SkySong 5 Construction Reaches “Topping Out”

SkySong 5 has reached a key construction

milestone as the largest office building at the project moves toward completion this summer.

SkySong 5 is “topped out,” meaning the structural steel in the six-story building has reached the building’s final height of 90 feet.

The construction of SkySong 5 has gone smoothly during the winter and spring months, and the topping out comes after approximately seven months of construction. The building is scheduled to open in the summer of 2019. Anchor tenants include impressive names such as Berkadia and Limelight, with multiple additional leases under negotiation.

Read the entire press release at this link.

SkySong Continues to Gain Momentum with 2 New Lease Agreements

SkySong, The ASU Scottsdale Innovation Center is continuing its leasing momentum, signing two new deals as construction and planning continues at the highly successful project.

LiveOps, which gives talented customer service and sales professionals an opportunity to work where and when they are able, is expanding its operations in Scottsdale, moving from a 9,955 rentable square-foot space at SkySong into a 13,300 RSF one. The company that links more than 20,000 at-home professionals with organizations and agencies in need signed a new long-term lease that kicks off Oct. 1, tacking an additional 32 months onto LiveOps’ existing lease agreement.

“SkySong has proven to be an ideal fit for LiveOps, and the entrepreneurial spirit of the SkySong community closely mirrors that of our own dynamic workforce,” said LiveOps Chief Executive Officer Greg Hanover. “We’re eager to expand into our new space and continue to establish roots here in Scottsdale.”

Additionally, moving in at SkySong is Keyence, a direct-sales organization that develops and fabricates automation sensors, barcode readers, laser markers and related equipment and resources. The Japan-based company signed a lease for a 4,000 square-foot space in SkySong 4, bringing occupancy in that building up to 99 percent.

Read the entire article at this link.

SkySong 5 Welcomes Major New Anchor Tenant

Berkadia To Take Up Entire Floor in Newest Building at SkySong

Construction on SkySong 5 is just barely underway, but leasing activity for the building is heating up with a prominent national tenant signing on for an entire floor.

Berkadia,a joint venture of Berkshire Hathaway and Jefferies Financial Group, has signed a 10-year lease on a 21,000-square-foot space in SkySong 5 — the entire second floor of the project, located adjacent to the new building’s planned signature outdoor event patio. The space will be home to about 90 Berkadia employees.

Berkadia is a leader in the commercial real estate industry, offering a robust suite of services to multifamily and commercial property clients.

“SkySong is a great fit for Berkadia and an ideal location for our company to locate as we grow and expand in Arizona,” said Brett Adams, Senior Vice President with Berkadia. “The spirit of innovation and entrepreneurship at SkySong is well aligned with the Berkadia approach, and we look forward to being a part of the new building at the property.”

Read the entire article at this link.