GoDaddy expanding its Gilbert office with $15 million investment, selling 20 million shares of stock

________MAIN 2SCOTTSDALE 5553

 

 

“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “ 

ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA,  CLICK HERE  AND PLEASE CALL ME.     520-975-5207 or email me walterunger@ccim.net

 

Updated Sep 6, 2017, 9:56am MST  Hayley Ringle  Reporter  Phoenix Business Journal

Scottsdale-based GoDaddy Inc. is expanding its current Gilbert office with a $15 million investment.

The world’s largest domain name registrar and small business online service provider is expanding its Gilbert office by 15,000 square feet.

The new 10-year lease for the soon-to-be 180,000-square-foot facility in Gilbert will help the company retain nearly 1,400 jobs in the town, said Calvin CrowderGoDaddy’s vice president of global real estate.

“There’s a wonderful sense of community in Gilbert,” Crowder said. “We’ve found a wealth of talented, customer-focused employees here and it’s worthwhile to invest in them and upgrade the facility.”

GoDaddy’s 24-hour customer service center in the town makes it GoDaddy’s largest operational center in Arizona, according to the company.

“As Gilbert’s largest employer in the technology industry, it was important for the town to retain the nearly 1,400 existing jobs and ensure the longevity of GoDaddy’s presence in our community,” said Gilbert Mayor Jenn Daniels. “We look forward to watching this global company grow right here in Gilbert.”

The renovation will upgrade the Gilbert facility to match GoDaddy’s other locations, which are known for its fun atmosphere full of amenities.

“We’ve been known to do some unique things within our workspaces,” Crowder said. “From indoor slides, peddle-kart race tracks, and yoga rooms, to professionally-staffed food services teams, we take the GoDaddy employee experience to another level. Our physical workspaces are simply a manifestation of our incredible company culture and our commitment to our people.”

Besides its headquarters in Scottsdale, GoDaddy opened a two-story global technology center in 2014 in Tempe.

GoDaddy has more than 3,000 employees in Arizona, and more than 6,000 employees internationally.

Renovations in Gilbert are planned to begin this fall, and projected to be complete by early 2020.

GoDaddy (NYSE: GDDY) also announced Sept. 5 it was proposing a sale of 20.05 million shares of its Class A common stock.

Selling stockholders are offering 20 million shares, with participants affiliated with Kohlberg Kravis Roberts & Co. L.P., Silver Lake Partners, Technology Crossover Ventures, and YAM Special Holdings Inc., an entity owned by GoDaddy founder Bob Parsons.

GoDaddy will not receive any proceeds from the sale of the shares by the selling stockholders, according to the company.

GoDaddy is also offering 50,000 shares, and intends to use the proceeds of the offering to pay the transaction expenses incurred in connection with the offering and any remaining proceeds for general corporate purposes, according to GoDaddy.

Morgan Stanley & Co. LLC (NYSE: MS) and Goldman Sachs & Co. LLC (NYSE: GS) are acting as bookrunners for this offering.

On Sept. 6, GoDaddy said it planned to sell the shares to the public for $44 per share, pursuant to approval by the Securities and Exchange Commission.

GoDaddy’s stock closed trading Tuesday at $45.18, which is closer to its 52-week high of $45.33 than its low of $31.63.

Hayley Ringle covers technology and startups for the Phoenix Business Journal.

SEE IT ALL: https://www.bizjournals.com/phoenix/news/2017/09/05/godaddy-expanding-its-gilbert-office-with-15.html

ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA,  CLICK HERE  AND PLEASE CALL ME.     520-975-5207 or email me walterunger@ccim.net

 

FROM ME:

Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also internationalClick here to find out what is a   CCIM:   https://en.wikipedia.org/wiki/CCIM 

PLEASE CALL ME 520-975-5207 OR E-MAIL ME walterunger@ccim.net

 

Timeline of Arizona from  900 BC – 2017

ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA,  CLICK HERE  AND PLEASE CALL ME.     520-975-5207 or email me walterunger@ccim.net

Apartments: Construction, Planned, Prospective

Interactive Map :: 10+ Unit Apartments For Sale Greater Phoenix AZ

______THE HABOOB

_______APARTMENT-SALES-1-BIL

WEEKLY LAND CLOSING UPDATE / THROUGH September 1, 2017 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH August 25, 2017 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH August 18, 2017 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH August 11, 2017 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH August 4, 2017 / Phoenix Arizona Metro, Maricopa County, Pinal County.

 

Apartments: Construction, Planned, Prospective

Interactive Map :: 10+ Unit Apartments For Sale Greater Phoenix AZ

 

WEEKLY APARTMENT CLOSING UPDATE THROUGH September 1, 2017 /  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH August 25, 2017 /  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH August 18, 2017 /  Phoenix Arizona Metro.cc

WEEKLY APARTMENT CLOSING UPDATE THROUGH August 11, 2017 /  Phoenix Arizona Metro.

 

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

 

ARIZONA FACTS – YEAR 1848 TO 2013

Timeline of Arizona from  900 BC – 2017

 

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION

VIEW ALL OF WALTERS LISTINGS

What is a CCIM.

CLICK HERE TO VIEW MY WEBSITE

  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
  • The average age of the population is 34 years old.
  • The health cost index score in this area is 102.1. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).

Kasten Long Commercial Group in Partnership with the AMA and WESTMARC / The  Commercial Event of the Summer

PHOENIX PROJECTED AS NUMBER ONE US HOUSING MARKET FOR 2017

LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17

Reasons to Consider me for Commercial Referrals – I have the Knowledge and Experience                                                                                                                         

Click here to View My Listings and Profile

Click here to find out what is a CCIM:

Click here to view my website:

Click her to join my mailing list :      

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

2016 Official Arizona Visitors Guide

Visit Arizona

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

walterunger@ccim.net

1-520-975-5207

Check out my professional profile and connect with me on LinkedIn.

Follow me on LinkedIn

Follow me on Facebook

Follow me on Twitter

 Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages.  The interactive map  shows the location of each community (10+ units) and each location is color coded by the size (number of total units). 

 Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

www.Walter-Unger.com

Walter Unger CCIM

Senior Associate Broker

Kasten Long Commercial Group

5110 N 40th Street, Suite 110

Phoenix , AZ 85018

Direct:    520-975-5207

Fax:       602-865-7461

walterunger@ccim.net

www.Walter-Unger.com

What is a CCIM.

View My Listings and Profile

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me.

Join My Mailing List

What is a CCIM?

Reasons to Consider me for Commercial Referrals

Delivering the New Standard of Excellence in Commercial Real Estate 

  •  
  • Commercial Real Estate Scottsdale
  • Commercial Real Estate Phoenix
  • Commercial Real Estate Arizona
  • Commercial Investment Properties Phoenix
  • Commercial Investment Properties Scottsdale
  • Commercial Investment Properties Arizona
  • Land Specialist Arizona
  • Arizona Land Specialist
  • Land Specialist Phoenix
  • Phoenix Land Specialist
  • Land For Sale Phoenix
  • Land for sale Arizona
  • Commercial Properties For Sale Phoenix
  • Commercial Real Estate Sales Phoenix
  • Commercial Properties Phoenix
  • Commercial Properties Arizona
  • Commercial Land Specialist Phoenix
  • Commercial Land Phoenix
  • Multifamily land Phoenix
  • Retail Land Phoenix
  • Industrial Land Phoenix
  • Land Commercial Phoenix
  • Land Retail Phoenix
  • Land Industrial Phoenix
  • Land Multifamily Phoenix
  • Industrial Land for sale Phoenix
  • Land Industrial
  • P
  • Investment Real Estate

 

Disclaimer of Liability

The information in this blog-newsletter is for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.