SCOTTSDALE, Ariz. (March 31, 2014) – Sunbelt Holdings has appointed Melissa Scott property manager of the high profile Arizona State University Research Park, a 320-acre research and development park for which Sunbelt Holdings has provided asset management services since 1992.
A nine-year veteran of the property management industry, Scott previously served as commercial property manager for Victoria Properties Management of Tempe, where she managed a portfolio of 16 office condominium associations.
She is a Certified Manager of Community Associations (CMCA), an Association Management Specialist (AMS) and holds an Arizona real estate license.
Scott’s responsibilities at Sunbelt Holdings will include facility management of ASU Research Park, overseeing property maintenance and landscaping activities, creation and implementation of capital improvements, overseeing tenant building projects and lease administrative and accounting functions as well as maintaining tenant relations.
The 320 acre ASU Research Park is currently 89 percent leased with a total of 1.79 million square feet of completed improvements, and another approximately 350,000 square feet planned or under construction. Only 26 acres remain for ground lease in the park.
About Sunbelt Holdings
Sunbelt Holdings has been a recognized leader in real estate development, management and investment throughout the Southwest since 1979. Over the years, the firm has gained an understanding of the area’s unique characteristics that only time and experience can teach. Sunbelt entered the local market more than 30 years ago with a strong presence in commercial development and asset management. Early projects such as the Phoenix Gateway Center remain successful icons.
Recent acquisitions of turn-around assets have provided unique opportunities to add value in the ‘Class A’ office market with the Marina Heights and Hayden Ferry Lakeside projects in Tempe, and the PV|303 industrial project in the West Valley. Sunbelt also developed some of the Valley’s most beloved residential communities including McDowell Mountain Ranch in Scottsdale, Power Ranch in the East Valley and Vistancia in the Northwest Valley. In all, Sunbelt has developed more than 50,000 acres of land during the past 30 years.
About ASU Research Park
Located in the vibrant Tempe-Chandler freeway-fronted high-tech hub and business corridor, the 320 acre ASU Research Park represents ASU’s commitment to the enhancement of Arizona’s knowledge-based economy. The ASU Research Park offers tenants a professional business setting that includes mature landscaping, three lakes, more than six miles of surfaced bike and jogging trails and picnic ramadas.
Current tentants include AVNET, Edward Jones, Air Products, ASU Macrotechnology Works, DuPont and Institute for Supply Management. The Research Park will also be the new home for Go Daddy’s Global Technology Headquarters, Amkor Technology and ViaSat, Inc. For more information, visit www.asuresearchpark.com