IE Corporation Takes Space in SkySong 2 to Cement Valley Presence
A prominent Price, Utah-based manufacturer of integrated, custom engineered data center technology has chosen SkySong for its Arizona office.
IE Corporation (IE) has signed a lease for a 2,336-square-foot space in SkySong 2, the company’s first permanent office space in Arizona. The space is one of several ready-to-occupy spec suites at SkySong, offering companies accelerated speed to market.
IE is a leader in the engineering and manufacturing of data center technology including power distribution skids, generator enclosures, tanks and packaging, electric switchgear, packaging and integration and chilled water pump packages. Their current customers include various colocation and hyperscalers. IE has manufacturing and operation locations across the United States including Utah, Arizona, Colorado, Illinois and Ohio to provide nationwide support.
They recently purchased a modular data center and software company called Baselayer (https://baselayer.com/), which will be relocating to the SkySong office. Baselayer is a leader in the modular data center industry with ~200 megawatts of deployed capacity across three continents. Baselayer’s products are an ideal complement to IE’s existing portfolio and bolster IE’s presence in the Mission Critical industry. IE is bringing Baselayer into its Mission Critical business segment, supported and managed by Bobby Houston, IE’s Vice Chairman and head of the Mission Critical Business.
“We are pleased to relocate the Baselayer team to SkySong to join the ranks of other hi-tech and innovational companies. We look forward to a long and prosperous future at SkySong,” said Kindra Martone, VP of Data Center Strategy for Baselayer.
Sharon Harper, Chairman and CEO of Plaza Companies, the project’s master developer, welcomed IE and said they are an ideal fit at SkySong.
“IE Corporation is at the forefront of innovative data center technology engineering and manufacturing and they are exactly the type of company we welcome as part of SkySong,” Harper said. “We are excited to see what kind of impact they will have and are pleased that SkySong will be a home for them.”
“Issues surrounding cybersecurity are of critical importance, and continued advancements are essential for business, industry, government and academia,” said Sethuraman Panchanathan, executive vice president of Knowledge Enterprise and chief research and innovation officer at ASU. “It’s gratifying to have an industry leader like Intermountain Electronics locating in SkySong and expanding its presence in the Phoenix area.”
The Coppola Cheney Group of Lee & Associates, SkySong’s leasing broker represented the property ownership group. Intermountain Electronics was represented by Jason Moore of JLL in the transaction.
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 co-location of ASU’s strategic global partners; and
– Create a unique regional economic and social asset.
Companies located at SkySong have the opportunity to partner with Arizona State University, which has more than 100,000 students studying across four metropolitan Phoenix campuses, in Lake Havasu City, Los Angeles, Washington D.C. 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.
Plaza Companies is the developer of the project in partnership with Arizona State University Foundation, 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, visit www.theplazaco.com.
About University Realty
University Realty is a subsidiary of ASU Enterprise Partners, an independent nonprofit organization dedicated to generating resources for the benefit of Arizona State University. www. asuenterprisepartners.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 150,000 jobs. The high-tech innovation center SkySong, located just a few miles from Downtown, is designed to help companies grow through a unique partnership with nearby Arizona State University. The Scottsdale Cure Corridor is a partnership of premier health care providers and biomedical companies seeking to advance medicine and patient care through cutting-edge research. For more information, visit ChooseScottsdale.com.