Monday, October 14, 2013

SkySong’s ownership structure changes as 1 partner opts out


SkySong, the Arizona State University Scottsdale Innovation Center, has a new ownership structure after one partner wanted out of the project.

Holualoa Cos., a Tucson-based real-estate investment firm, has replaced USAA Real Estate Co., which sold its share in the partnership. The ownership structure now includes the ASU Foundation, Plaza Cos. and Holualoa.

Sharon Ballenger, USAA Real Estate spokeswoman, couldn’t be reached for comment. The firm’s website does list SkySong’s two office buildings, SkySong I and II, as sold. SkySong is on the southeastern corner of Scottsdale and McDowell roads.

Read more...SkySong’s ownership structure changes as 1 partner opts out

Reuters: Financial Services and Real Estate

Voice of Housing

NuWire Investor: RealEstateInvestment

REC News Center

Archive

Recent Comments