News & Media

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.

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.