Category: Blog Posts

Tech Giant Oracle Moves Into Large Presence at SkySong

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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

Holualoa Companies Vice President-Finance, Lani Baker, is an honoree for Tu Nidito Remarkable Moms

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We are pleased to announce that Holualoa Companies Vice President-Finance, Lani Baker, is an honoree for Tu Nidito Remarkable Moms. Each year, Tu Nidito recognizes local woman who serve as outstanding role models in the community. Aside from being a devoted wife, mother and step-mother, Lani volunteers her time to multiple organizations. Congratulations to Lani on this well-deserved honor! 

Click to learn more about Tu Nidito or to purchase tickets, sponsorship opportunities and tribute ads to this year’s Remarkable Celebration.


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

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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.

2017 Property Sales

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Holualoa sells 40% of The Review Avenue self-storage facilty in Queens, New York City sold on January 4, 2017.

Holualoa sells The 120-unit Dakota Canyon Apartments in Santa Fe, New Mexico, on April 6, 2017.

Holualoa sells The 33-unit Jentilly Rental Townhomes in Tempe, Arizona,  on April 24, 2017.

Holualoa sells The 162,000 SF Scottsdale Towne Square shopping center in Scottsdale, Arizona, on April 27, 2017.

Holualoa Companies Property Acquisitions 2016

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Holualoa acquires  The Mint,  42‐unit, historically significant, Class‐A, multifamily property located in the City West neighborhood in Downtown Los Angeles .

Holualoa acquires 388 Cordova – On July 28, 2016, the joint venture acquired an eight-story, 121,656 SF vacant office tower with an adjacent 340 space, four-story, parking structure in downtown Pasadena, California. . The office tower into 73 condo units on floors three through eight with ground floor retail space (9,307 SF), and second floor office space (15,300 SF). 58 residential units around the existing parking garage.

Holualoa acquires the majority  348 Estabrook, a 38-unit, apartment property in San Leandro, California on January 4,2016. The units will be renovated during the first 12 months of ownership.

Holualoa acquires Arrowhead Executive Center, a 99,062 SF multi-tenant office property in Glendale, Arizona  on March 31, 2016.

Holualoa Companies Property Sales 2016

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Holualoa sells Green Valley Professional Plaza in Green Valley, Arizona sold on March 3, 2016.

Holualoa sells Mission Creek Apartments in Tucson, Arizona sold on March 30, 2016.

Holualoa sells Hyde Park Condominiums in Chicago, Illinois sold on November 17, 2016.

Holualoa sells The Collonge mixed use property in Geneva, Switzerland on December 22, 2016.

Holualoa Companies Property Sales, 2015

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  • Chevilly Larue & Les Ulis, in a 68/32 joint venture, four industrial buildings (sold building B on 5/7/2014 for $3,871,306 and building A on 11/30/2015 for $1,642,200) acquired 11/22/2004 totaling 187,475 SF (62,915 SF sold to date) in SE of Paris, France.
  • Harper Court Apartments, in a 90/10 joint venture, an apartment property with 4,680 SF ground floor retail acquired 5/30/2013 totaling 44 units in Chicago, IL (sold 11/30/2015).
  • Holiday Inn Stapleton, a full-service, hotel acquired 6/4/2009 totaling 300 rooms in Denver, CO (sold 10/15/2015).
  • Columbia Industrial (Butterfield Industrial), an industrial building acquired 3/20/1997 totaling 57,263 SF in Tucson, AZ (sold 10/14/2015).
  • Tucson Airport Center, a five-building back-office and industrial property acquired 9/1/2005 totaling 129,097 SF in Tucson, AZ (sold 10/14/2015).
  • Espace République (Boulanger), in a 68/32 joint venture, a five-story office building acquired 2/14/2004 totaling 27,340 SF in Paris, France (sold 10/8/2015).
  • Boulogne Studios, in a 4/96 joint venture, a three building, film studio/office facility acquired 11/12/2013 totaling 81,461 SF in Boulogne, France (sold 9/17/2015).
  • Arcadia Park Apartments, a garden-style apartment complex acquired 7/14/2011 totaling 288 units in Tucson, AZ (sold 5/28/2015).

Holualoa Companies Property Acquisitions, 2015

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  • South Catalina, in a 37/63 joint venture, a 47-unit, Class B, multifamily building acquired 11/23/2015 totaling 22,904 SF in Los Angeles, CA.
  • Delémont, in a 33/67 joint venture, retail property acquired 9/25/2015 totaling 30,957 SF in Delémont, Switzerland.
  • Stone Avenue North, in a 80/20 joint venture, construction of in-demand high density apartments acquired 9/24/2015 totaling 35,619 SF in Tucson, AZ.
  • SkySong 4, in a 34/66 joint venture, a development, Class A, LEED-certified office property acquired 9/11/2015 totaling 141,109 SF in Scottsdale, AZ.
  • Thatcher Medical Center, in a 40/60 joint venture, a two-building, 3-Story medical office complex (12,000 SF) with the ability to entitle up to 130 multi-family/condo units acquired 8/20/2015 totaling 73,864 SF in Pasadena, CA.
  • 515 Broadway, in a 5/95 joint venture, a 180-unit mixed-use multifamily project with 18,200 SF of retail acquired 7/16/2015 totaling 194,903 SF in Glendale, CA.
  • Osborn Office, in a 50/50 joint venture, vacant, two-building office property acquired 6/19/2015 totaling 33,000 SF in Phoenix, AZ.
  • Boulder Canyon Condominiums, in a 50/50 joint venture, high-quality condominiums acquired 6/15/2015 totaling 32 units in Oro Valley, AZ.
  • Dewoitine, in a 35/65 joint venture, a six-building office property acquired 5/29/2015 totaling 134,840 SF in Velizy, France.
  • Villebon, in a 35/65 joint venture, a three-building office/industrial property acquired 5/29/2015 totaling 259,313 SF in Villebon-Sur-Yvette, France.
  • 44 Monroe, in a 23/77 joint venture, the tallest residential building in Arizona at 36-stories acquired 4/14/2015 totaling 249,489 SF in Phoenix, AZ.
  • Stone Avenue Rental Townhomes, in a 70/30 joint venture, 0.62 acre parcel for construction of a 25-unit rental townhome development acquired 3/5/2015 totaling 25 units in Tucson, AZ.
  • Review Avenue, in a 12/88 joint venture, institutional-grade self-storage development acquired 1/29/2015 totaling 2,219 units in Queens, NY.
  • Alma School Rental Townhomes, in a 70/30 joint venture, a 4.9-acre parcel for construction of a 77-unit rental townhome development acquired 1/7/2015 totaling 77 units in Chandler, AZ.

Holualoa Companies Property Sales, 2014

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  • Tanque Verde Apartments, a garden-style apartment complex acquired 3/25/2010 totaling 297,807 SF in Tucson, AZ (sold 9/11/2014).
  • Allison Condominiums, a garden-style apartment complex acquired 4/5/2011 totaling 152 units in Scottsdale, AZ (sold 6/19/2014).
  • Hayden Square, a downtown multi-story mixed-use (office and retail) property acquired 5/27/2004 totaling 106,834 SF in Tempe, AZ (sold 5/15/2014).

Holualoa Companies Property Acquisitions, 2014

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  • Global Loop, vacant industrial building acquired 12/29/2014 totaling 80,600 SF in Tucson, AZ.
    Superstition Canyon Apartments, a Class A apartment community acquired 12/19/2014 totaling 200 units in Mesa, AZ.
  • Denver Gateway & Denver 48, two flex/industrial properties acquired 12/9/2014 totaling 170,291 SF in Denver, CO.
  • Jentilly Rental Townhomes, in a 46/54 joint venture, 1.4-acre parcel for construction of a 33-unit rental townhome development acquired 11/25/2014 totaling 33 units in Tempe, AZ.
  • Rancho Santa Fe Center, in a 75/25 joint venture, a Class B, multi-tenant medical office property acquired 9/18/2014 totaling 73,961 SF in Avondale, AZ.
  • 51st Avenue Rental Townhomes, in a 70/30 joint venture, 4.6-acre parcel for construction of a 72-unit rental townhome development acquired 8/15/2014 totaling 72 units in Phoenix, AZ.
  • Techniplex, a flex/industrial property acquired 6/16/2014 totaling 78,116 SF in Houston, TX.
  • Superstition Springs, a multi-tenant industrial property acquired 5/29/2014 totaling 95,035 SF in Mesa, AZ.
    Drexel Apartments, in a 93/8 joint venture, a six-story apartment property acquired 4/18/2014 totaling 79,695 SF in Chicago, IL.
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