250K SF Tech Space Coming to Old Town

PHOENIX—Stockdale Capital Partners has announced plans to break ground in the third quarter on Marquee at the District, a new 250,700-square-foot class A creative office development in Downtown Scottsdale.  Located just southeast of the intersection of Scottsdale and Camelback Roads, adjacent to the Galleria Corporate Centre and within steps of Downtown Scottsdale’s entertainment district, Marquee at the District will be a signature project within Scottsdale’s rapidly emerging downtown tech cluster.

More than a dozen Silicon Valley and Silicon Alley companies have opened operations in Scottsdale in the past 12 months and more have signaled their intent. Stockdale expects the demand from tech tenants wanting office space will only accelerate as users look for value alternatives to the high-cost of hiring and growing in markets such as San Francisco and New York. The lack of modern office supply with creative office amenities in the submarket creates a need that Marquee at the District seeks to meet.