Continued New Leasing Activity Bucks Office Trends in Metro Phoenix

SkySong, The ASU Scottsdale Innovation Center is seeing the benefits of its innovative approach with a flurry of new leasing activity. 

SkySong remains one of the Valley’s most dynamic and vibrant business hubs by consistently evolving to meet the needs of today’s businesses, startups, and professionals.

The headliner in the latest flurry of activity is a new lease by Yelp for a space in SkySong 4. SkySong has been pursuing Yelp as a tenant for several years and the project team is very pleased to finally have them as a partner. It’s also a sign that larger employers are returning to in-office work environments. 

Additionally, three other companies have renewed or expanded their presence in the project:

• Medicare Benefits Direct (dba Get Me Healthcare) is expanding from 3,714 square feet in SkySong 3 to 8,648 square feet in the building.
• Integrity Express Logistics (3,118 square feet) and Solugenix (2,093 square feet) are tenants in SkySong 1 and 3, respectively. 

With its unique combination of cutting-edge workspaces, walkable dining and entertainment options, premier hospitality, and residential opportunities, SkySong continues to thrive as a top-tier leasing option for companies and entrepreneurs seeking an innovative, flexible environment.

“SkySong provides an environment where innovation and lifestyle meet,” said Sharon Harper, Chairman and CEO of Plaza Companies, the master developer of SkySong. “The project continues to evolve and adapt, making it a one-stop destination for businesses looking to grow and succeed while also offering their teams an exceptional work-life balance.”

SkySong’s success lies in its mixed-use work-live-play model, offering tenants more than just office space. Businesses leasing at SkySong benefit from access to a range of on-site amenities that include walkable restaurants, retail spaces, hospitality services, and housing options – all designed to foster collaboration, creativity, and convenience. 

Tenants can enjoy a balance of professional workspaces and vibrant leisure spaces, with access to both indoor and outdoor gathering areas for meetings, networking, and social events.

The SkySong complex is also well-known for its close partnership with Arizona State University (ASU), giving tenants access to world-class academic resources, research initiatives, and collaboration opportunities with one of the nation’s leading public research universities. It was first imagined by ASU President Michael Crow and the City of Scottsdale in 2004.

This unique connection strengthens the innovative ecosystem that defines SkySong, fostering opportunities for businesses to partner with ASU researchers, hire talented graduates, and engage in collaborative projects that push the boundaries of innovation.

Currently, SkySong boasts an occupancy rate of 88 percent, a testament to its ability to continually attract new businesses while retaining long-standing tenants. The addition of residential units and hospitality options has bolstered SkySong’s appeal as a fully integrated community that caters to businesses, residents, and visitors alike.

As leasing demand continues to rise, SkySong remains committed to adapting its offerings to meet the needs of an evolving business landscape. From flexible lease terms to innovative office layouts, SkySong is designed to support the future of work, providing tenants with the space and resources they need to thrive in a fast-changing world.

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 more than 145,000 students studying across four metropolitan Phoenix campuses, in Lake Havasu City, 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.  

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

Read the entire article at this link.

Datashield, which has locations in Utah and California, is expanding its security operations and moving all of its headquarter functions to 8,200 square feet on the fourth floor of SkySong 1.

The company, which operates a 24 hours a day, 365 days a year manages, detects, and responds to cyber threats, serves tens of thousands of end points around the world, including Fortune 1000 companies.

Its new Security Operations Center at SkySong is expected to reach its occupancy goal by September. In the next 12-18 months, Datashield expects to bring in 50 to 60 new employees.

Read the entire article at this link.