News & Media

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.

Construction to Begin On Fifth SkySong Office Building

The fifth Class A office building will rise at SkySong, The ASU Scottsdale Innovation Center in the coming months.

With the other four SkySong office buildings at high occupancy, the SkySong development team will begin work on SkySong 5, with a groundbreaking ceremony to take place on July 9. The building will be six stories — the tallest on property yet — and will include a number of features that are new to the project.

With the newest building, the total SkySong project will reach about 868,457 square feet of commercial building.

The design of SkySong 5 includes extensive outdoor work and meeting spaces as well as public art features, and continues the trend at the property of each new building having unique and distinctive features, including a large second-story outdoor patio and event space. The cost of the building and the accompanying parking structure that will be built will exceed $43 million.

Read the entire article at this link.

SkySong Inks Leases Totaling More Than 37,000 Square Feet

Three new leases and two renewed leases totaling more than 37,000 square feet have SkySong, The ASU Scottsdale Innovation Center nearing full occupancy in its four commercial office buildings.

The new leases include:

• Leading national IT solutions company vCore Techology Partners

• IntelliTRACS, a real-time identification, assessment, and financial exceptions control provider

• Medical device company Neolight

vCore Technology Partners is moving its national corporate headquarters and approximately 50 employees to a 9,300 square-foot space in SkySong 4. vCore provides customized IT solutions such as infrastructure, cloud storage and data protection to more than 100 companies across the United States and Canada. It currently has seven locations.

“SkySong has the high tech feel, vibrant public spaces, modern architecture, and nearby amenities that will enable us to continue to attract and inspire the brightest minds to keep us at the forefront of the Information technology industry,” said vCore founder and CEO Steve Leavitt.

intelliTRACS is movings its headquarters and twelve employees to an approximately 4,000 square-foot space in SkySong 4. It provides identification, assessment, and control of financial exceptions caused by payment failures, trade breaks, and service inquiries. It is part of SunGard’s IntelliSUITE of solutions.

Neolight, which was founded within SkySong, is moving its 10 employees into a 2,300 square foot space in SkySong 2. The company, which designs and manufactures technology to treat infants with life-threatening medical conditions, will house their headquarters and research facility at SkySong, providing a great example of a startup company growing and expanding inside the project.

In addition to the new leases, two SkySong tenants have also renewed leases, including:

• Century Link has renewed its 12,564 square-foot space with a long-term lease.

• Canon has renewed its 9,081 square-foot space with a long-term lease.

Read the entire press release at this link.

Tech Giant Oracle Moves Into Large Presence at SkySong

One of the giants of technology companies is relocating its presence in Arizona by leasing a significant space at SkySong, The ASU Scottsdale Innovation Center.

Oracle, headquartered in Redwood City, California and a company known as one of the largest and most innovative in the tech sector, is opening a +/-15,000-square-foot office in SkySong 3. The space will house more than 75 employees in critical areas such as software development, human resources and sales.

Oracle is a global provider of enterprise cloud computing, providing leading-edge capabilities in software as a service, platform as a service, infrastructure as a service, and data as a service. Today, 430,000 customers in 175 countries use Oracle technologies to seize business opportunities and solve real, tangible challenges.

Read the entire article at this link: SkySong Oracle Release

SkySong Helps Spark Trend of Growth in Tenants

Numerous Firms Expand Space Within SkySong’s Four Buildings; Innovation & Flexibility Within Project Key to Supporting Growth

Companies locating at SkySong, The ASU Scottsdale Innovation Center are starting to see a trend — they end up needing more space over the course of time because of their growth.

A significant core of SkySong’s tenant base has grown or upgraded their space within the project over the past few years in order to best take advantage of their expansion opportunities while feeding off the project’s spirit of innovation and entrepreneurship.

“Once you step on site at SkySong,” said head property manager Scott Rubin of Plaza Companies, “you can feel the buzz. It’s like no other project in town.”

SkySong’s four existing office buildings, modern buildout and high-tech features provide more options for growth for companies looking to expand within the project than they might find at more traditional developments. And as a result, SkySong is seeing a lot of tenants move out — to bigger spaces in the project. And a number of additional prospective companies are looking to take advantage of the growth potential into the three additional planned office buildings.

Read the entire article at this link.

New Element Hotel to Break Ground at SkySong Thursday, March 15

Construction is slated to begin this month on a 157- room hotel that will provide critical support for the more than 50 businesses that now call Scottsdale’s SkySong home as well as the surrounding Scottsdale community.

An Element hotel, a high-end, boutique addition to the Marriott family of hotels, will soon occupy the southwestern corner of SkySong, the ASU Scottsdale Innovation Center complex near Scottsdale Road and Enterprise Drive.

Developed by Jackson-Shaw, one of the nation’s most notable names in hospitality development, Element covers an expansive, 99,345 square feet of space and provides a highly sustainable, health-focused environment for guests. Boasting 2,170 square feet of communal and meeting space and a 7,572 square-foot open-air courtyard, Element offers a wide variety of amenities for guests, ranging from a natural saline swimming pool to an oversize gym and bike rental opportunities.

“Element hotels rely on green building, sustainable designs and eco-friendly practices, and we’re honored to play a role in bringing a smarter, more environmentally conscious and wellness- focused place to stay in the Scottsdale area,” said Michele Wheeler, President and Chief Operating Officer for Jackson-Shaw. “It offers the elegant, luxurious nature many leisure travelers associate with Scottsdale, but it also serves as a tremendous asset for business and group travelers that will help SkySong and the city draw even more businesses and job opportunities to the area.”

Read the entire article at this link.

SkySong Embraces “A Culture of Health and Innovation”

The southwest’s most innovative commercial development project is innovating once again — this time making the workplace into something far more healthy.

SkySong, The ASU Scottsdale Innovation Center is implementing a broad spectrum of new health and wellness features as part of the creation of a “Culture of Health and Innovation” throughout the project.

The goal is to create a working environment that’s not only good for business, but good for the body and mind as well — and to set SkySong apart from other commercial developments by creating an environment that is truly inspiring for tenants and employees.

The project team — including master developer Plaza Companies, ASU University Realty, an affiliate of the ASU Foundation, the City of Scottsdale and Holualoa Companies — is installing or has already installed features throughout the property designed to create an improved environment for employees, including public art, walkability, outdoor meeting areas and other features.

Read the entire release at this link. Download a site plan of health features here.

Performance-Based Internet Marketing Agency DoublePositive Moving to SkySong 1

The new year is bringing a new home to an internet marketing company that is the newest tenant at SkySong, The ASU Scottsdale Innovation Center.

Baltimore-based internet marketing agency DoublePositive is relocating to SkySong 1 from Tempe. DoublePositive, which has locations in Arizona and Maryland, is moving its Arizona location to a 5,000 square foot collaborative space within SkySong 1.

The company was founded in 2004 and offers targeted mobile and online marketing, qualified lead generation and live hot transfers to optimize online marketing practices and grow its clients businesses.

“DoublePositive’s innovative approach to marketing makes it a great fit for SkySong,” said Sharon Harper, President & CEO of Plaza Companies, the master developer of the SkySong project. “We look forward to seeing the company’s Arizona location grow here in Scottsdale, and welcome the opportunity to bring in another exceptional company that is focused on innovation and entrepreneurship.”

Read the entire release at this link.

Ecolab, Intersys Among Latest to Put Down Roots at SkySong

Ecolab, a global leader in water, hygiene and energy technologies and services, and Intersys, an IT consulting firm that focuses on big data and data management, are the latest entities to set up shop at SkySong, The ASU Scottsdale Innovation Center.

Ecolab, which currently ranks 211th on 2017’s list of Fortune 500 companies, will take approximately 6,000 square feet of space on the third floor of SkySong 4 after leaving its previous home at Indian School and Scottsdale roads. Intersys, which is based in Austin, Texas, will move its current operations from Tempe Town Lake to a 2,300 square-foot spec suite right next door to Ecolab on the same floor of SkySong 4, leaving only one other first-floor tenant space available for lease.

With the two new contracts signed, SkySong 4, which offers more than 141,000 square feet of Class A office space, is at 87 percent capacity only one year after completing construction.. The four-story research center sets the standard in the Valley with regard for innovation as well as sustainable design and construction practices, and it holds a Silver LEED certification from the U.S. Green Building Council.

“Ecolab and Intersys should feel right at home in SkySong — they are both on the cutting-edge of their industries, and they both embody the entrepreneurial spirit that so many existing tenants here share,” said Sharon Harper, President & CEO of Plaza Companies, the master developer for SkySong. “We are pleased to have them on board, and to have SkySong 4 almost completely occupied just a year after opening.”

Read the entire press release at this link.

Bitter Sweet: New Bar to Open at SkySong Oct. 14

SkySong will welcome Bitters, a brand new craft cocktail and beer concept, in October. The bar is the creation of Erika Rode, who comes to the hospitality industry from the commercial liquor industry. Bitters will take up 2,700 square feet at 1455 N Scottsdale Rd, Suite 115, Scottsdale, AZ 85257 and will be open Tuesday – Sunday.

Rode will use her expertise gained in the beverage industry, and has partnered with Ehren Litzenberger, formerly of BLD and The Biltmore, to concept the menu and lead the kitchen. Aside from craft cocktails and food, Bitters will offer mocktails, cold brew, craft sodas, small batch green and black teas, and house-made lemonade.

Each handmade craft cocktail has the word ‘bitter’ in the name, and is accompanied with a pithy quote. All cocktails are made to order from freshly squeezed juices and artisan mixers. There will be no batch or premixed cocktails. A few of the standouts are:

  • Bitter at the Top – Roca Patron anejo, sweet vermouth, ancho reyes, Balotin Chocolate Bourbon, poured over chocolate on a pour-over tower
  • Bitters White Negroni – St. George Terroir Gin, Dolin Genepi, Carpano dry vermouth, Chareau aloe liqueur, celery shrub bitters, lemon oils
  • Bitters Arizona Sour – Grand Canyon Whiskey, lemon, cream, egg white, sparkling Lambrusco, raspberry powder

The menu will feature 12 signature small plate gourmet dishes like beef satay, rock shrimp, farro risotto and others. All dishes are made with fresh ingredients with a local focus, some of which will be sourced from neighboring Agriscaping and Utopian Harvest. Aside from the signature dishes, there also will be salads and artisan flavored popcorn.

Craft beer will be a staple at Bitters. Craft brew taps will rotate, and feature limited release, hard to find or highly rated craft beers. The following will be available when Bitters opens:

Firestone Walker Luponic Distortion, New Belgium Citradelic, Dogfish 90 Minute, Cider Boys Fresh Press, Breakside Passionfruit Sour, Founders Porter, Mother Earth’s California Creamin’ Nitro, Elysian Night Owl, OHSO Popsicle Blonde, Huss Coffee Kolsh.

Bitters also will offer a unique personalized locker program, called The Bitter Enthusiast Club. A rarity in the Valley, up to 30 members are able to store their favorite bottle of whiskey in their own private space at Bitters.