Savills Studley represented utility software company iFactor with its long-term lease agreement at the new Hayden Ferry 3 development under construction in Tempe.Ryan Bartos and Matthew Coxhead of Savills Studley’s Phoenix office negotiated the transaction on behalf of iFactor; Bryan Taute of CBRE represented the landlord, Parkway Properties, Inc.iFactor signed a lease for 17,000 square feet to accommodate future growth. The new space is located on the fifth floor of the building and will create an open floor plan to encourage collaboration. The firm has grown over 38 percent in 2015 and expects to grow an additional 45 percent within the next two years.“We were able to negotiate deal terms at Hayden Ferry 3 that will help iFactor attract and retain great talent, including a great signage package and lease flexibility that accommodates their future needs from a growth perspective,” said Bartos. “Situated in the rapidly developing Downtown Tempe area, the location gives employers access to an abundant pool of talent with the largest public university in the country – Arizona State University – located only five minutes away, while also providing an amenity-rich downtown vibe that the millennial workforce is attracted to.”The new iFactor office will feature a number of collaboration spaces and video conferencing in meeting rooms to support communication between employee teams and the utility companies using iFactor software. The Tempe-based company currently occupies 8,000 square feet of space at Hayden Ferry’s second building and expects to move into its new space in December.Over the last 24 months, Bartos and Coxhead have completed three transactions within the development and are consistently impressed with Parkway Properties’ ability to think outside the box to maximize tenant satisfaction.“It is exciting to see local firms continue to flourish in this market and we look forward to seeing iFactor’s future success,” added Coxhead.Hayden Ferry 3 offers custom-build, modern office space that features views of the Tempe Town Lake and the surrounding area, an on-premise gym facility and close proximity to Mill Ave, which touts a variety of restaurants. Phoenix’s light rail is located only a few blocks away.
SUBSCRIBE TO US Written By WATCH US LIVE Last Updated: 15th July, 2020 07:34 IST Canadian Health Official: Long Home Stretch Might Help Jays Dr. Howard Njoo, Canada’s Deputy Chief Public Health Officer, said Tuesday that back and forth travel from the United States, where coronavirus cases are surging, is a major issue that could prevent the government from approving Major League Baseball to play in Canada. FOLLOW US A top Canadian government health official says the Blue Jays might want to consider hosting an extended stretch of home games in order to get approval to play in Toronto amid the pandemic. Dr. Howard Njoo, Canada’s Deputy Chief Public Health Officer, said Tuesday that back and forth travel from the United States, where coronavirus cases are surging, is a major issue that could prevent the government from approving Major League Baseball to play in Canada.“The fact of the matter is today in Canada we’ve done a good job of flattening our curve. The situation doesn’t appear to be changing quickly in the U.S,” Njoo said.Njoo noted Canada has been reporting about 300 cases per day compared to 60,000 per day in the U.S.Njoo said discussions with the Blue Jays and MLB continue and the government is always open.The Blue Jays are scheduled to open the season July 24 at Tampa Bay. Toronto’s home opener is listed as July 29 against Washington.“We’re seeing what’s in the realm of possible,” Njoo said. “I could get myself in trouble but I’m going to say it anyway. Look at the epidemiology of COVID-19 in Canada. I know the schedule has already been set for the Blue Jays, but in trying to respect the quarantine and keeping players safe, I don’t know, maybe one option is the Blue Jays staying in Canada for an extended period of time and playing a quite a long series of games.”Such a change would require a change in MLB’s schedule and would mean opposing teams flying to Canada for what would have been home games in their home ball parks.MLB requires an exemption to a requirement that anyone entering Canada for nonessential reasons must self-isolate for 14 days. The U.S.-Canada border remains closed to nonessential travel and the two countries are poised to extend their agreement to Aug. 21, but a final confirmation has not been given, a person familiar with the matter said Tuesday.The agreement would likely extend the closure by another 30 days. The official was not authorized to speak publicly ahead of an announcement this week, and spoke on condition of anonymity.The Blue Jays have said they prefer to play in Toronto. Their training facility in Dunedin, Florida, has been mentioned as an alternative if they are not given an exemption to play in Toronto. But Florida is seeing a record surge in COVID-19 cases.“This whole year has been super crazy. We’re hopeful that we can play in Toronto but we know that can change,” infielder Cavan Biggio said. “It is something we’re not trying to worry too much about.”Governments in Canada allowed the team to move their summer camp from their training complex in Dunedin, as the Blue Jays created a quarantine environment at Rogers Centre in Toronto and the adjoining Toronto Marriott City Centre Hotel, which overlooks the field. Players are not allowed to leave the stadium or hotel and face fines or jail time if they do.“Staying in the hotel and not being allowed to go outside is differently different, but it is something that we all understand that we all have to do and we don’t have a problem with it,” Biggio said.Njoo reiterated that the regular season is a “totally different ballgame” than allowing for just training in Toronto because it players to frequently travel back and forth between the United States.Blue Jays President Mark Shapiro has said visiting teams would not leave the confines of Rogers Centre and the hotel attached to the stadium if the regular season plan is approved.(Image Credit: AP) Associated Press Television News First Published: 15th July, 2020 07:34 IST LIVE TV COMMENT