Additional New Leases Signed Totaling More Than 18,000 Square Feet
SkySong, The ASU Scottsdale Innovation Center, has seen another wave of new leasing activity in the past few weeks, totaling more than 18,000 square feet.
This new wave of activity comes on the heel of the announcement of transactions totaling nearly 40,000 square feet of new leases and expansions, and the signing of a large lease by the Arizona Builders Alliance in late summer.
Highlights of the transactions include:
— In SkySong 4, BHE Renewables signed a new lease for a nearly 4,000-square-foot space
— CompuNet signed a lease for a 3,800-square-foot space in SkySong 4.
— Also in SkySong 4, Advanced Network Management signed a lease renewal for a 5,919-square-foot space.
— Anthem Strategists signed a new lease for a 2,355 square feet space in SkySong 4.
— And, Neolight renewed its lease for a 1,946 square foot space in SkySong 1.
Sharon Harper, Chairman and CEO of Plaza Companies, the master developer of the project, said this wave leasing activity is yet another sign of SkySong’s resilience despite market challenges.
“SkySong has consistently weathered economic adversity and continues to be one of the most attractive properties in the marketplace,” Harper said. “The property continues to attract the kind of innovative companies and organizations that thrive in an environment focused on entrepreneurship.”
Plaza Companies is the master developer of SkySong, in partnership with University Realty, the City of Scottsdale and Holualoa Companies.
Plaza Companies provides development, financing, construction oversight, leasing renewals and expansions and property management at SkySong. The Coppola Cheney Group of Lee & Associates is SkySong’s leasing broker.
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 the co-location of Arizona State University’s strategic global partners.
- Create a unique regional economic and social asset.
Companies located at SkySong have the opportunity to partner with ASU, which has about 194,000 students studying across four metropolitan Phoenix campuses Los Angeles and Washington D.C. and online. 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.
About SkySong
Plaza Companies is the developer of the project in partnership with University Realty, the City of Scottsdale and Holualoa Companies. Lee and Associates provides the brokerage services and Plaza del Rio Management Corporation provides the property management and construction services. Architects at SkySong include Pei Cobb Fried and Partners, DMJM Design, Butler Design Group and Kendle Design Collaborative.
About Plaza Companies
With offices in Peoria, Scottsdale and Tucson, Plaza Companies is a full-service real estate firm specializing in the management, leasing and development of medical office and commercial office properties, technology and bioscience facilities, mixed-use properties and senior housing communities. Since 1982, Plaza Companies has established a proud track record as a competitive, connected and conscientious real estate firm with partnerships throughout the industries it serves. For more information, visitwww.theplazaco.com.
About University Realty
University Realty is an affiliate of ASU Enterprise Partners, a nonprofit organization that creates solutions and generates resources to extend Arizona State University’s reach and advance its charter. For more information, visit www.universityrealtyllc.org.
About Holualoa Companies
Holualoa Companies is a real estate investment firm focused on the successful acquisition, repositioning, redevelopment and disposition of real estate assets. Headquartered in Tucson, Arizona, with offices in Phoenix, Santa Monica, Hawaii and Paris, its investments span the United States and Europe and include office, retail, industrial, multi-family, hotel and mixed-use investment properties. Holualoa is an experienced investor for its own account and on behalf of a select group of private investors.
About the City of Scottsdale
Scottsdale is one of the state’s leading job centers, with a diverse economy built on medical research, high-tech innovation, tourism and corporate headquarters. Scottsdale is home to nearly 18,000 businesses supplying over 210,000 jobs. The high-tech innovation center SkySong, located just a few miles from Old Town, is designed to help companies grow through a unique partnership with nearby Arizona State University. Scottsdale is a premier location for health care providers and biomedical companies seeking to advance medicine and patient care through cutting-edge research. For more information, visit ChooseScottsdale.com.