Tag: Holualoa Companies

Stifel signs 10-year lease at Camelback Collective

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One of the country’s premier investment firms is moving its Phoenix office to a premier location in the Camelback Corridor’s newest office project.  Stifel, Nicolaus & Company, Incorporated (“Stifel”) is a full-service wealth management and investment banking firm established in 1890. It is the primary broker-dealer subsidiary of Stifel Financial Corp., a diversified financial services holding company that conducts its business through several wholly-owned subsidiaries.

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Scottsdale North Marketplace sells for $16M

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A prominent north Scottsdale retail center has new ownership as a result of a $16 million sale that closed last week. Scottsdale North Marketplace, a 68,522-square-foot retail center located at Scottsdale Road and Lone Mountain Road, was purchased by a joint venture between Holualoa Companies and Epic Real Estate Partners in a $16 million transaction.

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Phoenix’s first mall, Park Central in Midtown, finally gets much-needed new look and life

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Midtown Phoenix is no longer a canyon of far-from-full office towers built more than three decades ago.

The area that businesses moved away from in the late 1990s is now drawing start-ups and big companies that want to be near light rail, new restaurants, apartments, redeveloped buildings and revived historic neighborhoods.

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AC Hotel opens second Valley property; this time in upscale Biltmore area

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A new AC Hotels by Marriott has opened in Phoenix’s upscale Biltmore area, and it looks to cater to both business and leisure travelers.

The 160-room AC Hotel Phoenix Biltmore is part of the Marriott International (Nasdaq: MAR) brand that has heavy European influences. The property, at 2811 E. Camelback Road, had a soft opening in October and held a grand opening event on Nov. 8.

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Ownership Group Completes Purchase of Additional 21 Acres, 193,000 SF at Park Central to Consolidate Property; Announces Ambitious Phase II

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Ownership Group Completes Purchase of Additional 21 Acres, 193,000 SF at Park Central to Consolidate Property; Announces Ambitious Phase II

October 10, 2018 (posted date)

Tags: Park Central Mall, Holualoa Companies

 

$28 Million Transaction Closes Wednesday; Plans Underway for Major New Residential Project Along With Creighton Health Campus, Expanded Office/Retail Redevelopment

The ownership group that is redeveloping the Park Central Mall property has purchased an additional 21 acres of property and an additional 193,000-square-foot building, consolidating ownership of Park Central for the first time in decades.

And, as part of the purchase, Tucson’s Holualoa Companies and Peoria-based Plaza Companies announced plans for an ambitious Phase II for the redevelopment, which will include a new nine-story residential complex to go along with a new Creighton University health sciences building.

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Construction to Begin On Fifth SkySong Office Building

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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

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SkySong Inks Leases Totaling More Than 37,000 Square Feet

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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.

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