November 19, 2024 7:49 am
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SkySong’s ownership structure changes as 1 partner opts out

holualoa-logoBy Edward Gately | The Arizona Republic

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.

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