Goldman Sachs Archives

The Grand at Papago Park Center launched in Tempe

The Grand at Papago Park
by in AZRE Magazine | Office

The Grand at Papago Park Center, the final parcel still to be developed within one of the largest business parks in Arizona, was unveiled Monday at an opening celebration hosted by Salt River Project. The total project, a 58-acre, high-profile, urban mixed-use property on the last developable parcel within the 350-acre Papago Park Center in the… Read More →

IO closes $505M in financing for new Phoenix data center

iodatacenter

IO, a leading global provider of Data Center Services, today announced it has raised $445 million in debt capital from Deutsche Bank and $60 million in additional growth capital from an affiliate of Macquarie Capital. The proceeds from the Deutsche Bank loan allowed IO to refinance its existing U.S. indebtedness. In addition, IO has exercised… Read More →

Scottsdale Gainey Center II Sells for $35.25M

Gainey Center II
by in AZRE Magazine | Office

In a $35.25 million deal, Lincoln Property Company (LPC) and Goldman Sachs purchased Gainey Center II in Scottsdale. The companies will complete minor renovations at the project, underscoring a continued demand and upside for Class A executive office space. “There is definitely a need in the Valley for high-tech build outs, but the president of… Read More →

IO acquires 9 acres adjacent to Sky Harbor Airport

iodatacenter
by in AZRE Magazine | Brokerage

Cushman & Wakefield, a global leader in commercial real estate services, announced today that IO has acquired 9.08 acres at the northeast corner of 48th and VanBuren streets near Sky Harbor International Airport for $8.55 million. The company plans to build the country’s largest renewable-powered data center with an estimated investment of more than $500… Read More →

IO expands corporate office to SkySong

IO, a leading data center services company, is unveiling its new corporate office space at SkySong, The ASU Scottsdale Innovation Center. IO will move into nearly 15,000-square-feet of space with an open, collaborative environment for about 80 Arizona-based corporate employees. IO, the second-largest private data center company in the world, operates six state-of-the-art data centers in Arizona, Ohio, New Jersey, Singapore and London. IO utilizes… Read More →

CBRE secures $46.4M in CMBS financing for three transactions

Villa Encanto

CBRE Capital Markets’ Debt & Structured Finance team arranged $46.4 million in CMBS debt in three major transactions across the Western U.S. The transactions include: The Grove, located at 365 W. Craig Road in Las Vegas, Nevada; Villa Encanto, located at 4315 E. Thunderbird Road in Phoenix, Arizona; and Gander Mountain Company located on E.… Read More →

First Solar buys S. Calif. power project

Navajo Tribal Utility Authority Solar Investments

First Solar said Monday that it has purchased a 150-megawatt power project in Southern California. Construction is expected to start this year and finish in 2014. The Tempe company said that the plant could generate enough electricity to power more than 60,000 average California homes. First Solar Inc. bought the project, which is near El… Read More →

IO Attracts Top Tech Talent

data.center
by in Business News | Tech

IO, the leading provider of next-generation modular data center technology and services, today announced Alan McIntosh, former chief information officer at Groupon has been appointed senior vice president of global technology delivery and Apple marketing veteran Anne Wolf has been appointed senior vice president of global marketing and communications. Additionally, Bob Butler has been promoted… Read More →

IO CEO Honored by Goldman Sachs for Entrepreneurship

George Slessman_CEO_IO
by in Business News | Tech

Goldman Sachs recognized IO CEO George Slessman as one of the top 100 entrepreneurs of 2012 at its recent Builders & Innovators Summit in Newport Beach, California. Goldman Sachs selected Slessman as one of 100 leaders from multiple industries to be honored at the event. Slessman has been an executive in the data center industry… Read More →

Goldman Sachs Selects IO as Global Modular Data Center Provider of Choice

IO PROVIDER OF CHOICE
by in Business News | Economy | Tech

Phoenix-based IO, the leading provider of next-generation modular data center technology and services, announced that it has entered into a long-term, strategic technology partnership with the Goldman Sachs Group, Inc. (“Goldman Sachs”) as its preferred, global modular data center provider. As part of this partnership, Goldman Sachs will utilize IO’s modular data center technology in… Read More →