(Tempe, Ariz.) – June 30, 2007 – LifeLock, one of the fastest growing private businesses in Arizona, has risen to the top as the industry leader in identity theft prevention, and is moving its corporate headquarters into the award-winning Hayden Ferry Lakeside Office Tower II in Tempe.
LifeLock has signed a six-year lease to become the largest office tenant at Hayden Ferry Lakeside. The company’s new headquarters will occupy two floors of Hayden Ferry Lakeside Office Tower II, representing more than 51,000-square feet of the newest Class “A” space overlooking Tempe Town Lake.
The new 12-story, 300,000-square foot office tower, completed in February of this year, is the second office building to open at Hayden Ferry Lakeside, a nationally acclaimed mixed-use development built by Tempe-based SunCor Development Company.
LifeLock’s headquarters office has been located in south Tempe since last November. As the company grew with more than 125,000 new clients in 2007, officials at LifeLock began searching for office space that would allow room for additional growth, meet its high-security needs and provide employees with a first-class work environment.
The company is targeting a November 1 move-in date to occupy one floor and expects to take up to a year to occupy a second floor in the office tower.
“We were committed to staying in Tempe due to its centralized location, premium office space, and close proximity to Arizona State University,” said LifeLock CEO Todd Davis.
“At LifeLock we preach best of breed practices and the working environment plays a tremendous part in achieving this goal. Since more than 80 percent of our working hours are spent in the office, we needed to create a work environment that will inspire our employees. From the office furniture to the lunch room, our objective is to provide an environment that will empower our employees to be successful in communicating our commitment to world-class customer satisfaction," Davis added.
Among other local and national awards it has received for design excellence, Hayden Ferry Lakeside Office Tower II is the recipient of the 2007 Gold Nugget Grand Award as the Best Office/Professional Building of the Year. This prestigious honor was presented in May by the California Building Industry Association at its Pacific Coast Builders Conference in San Francisco.
Some 102,000-square feet of space in Hayden Ferry Lakeside Office Tower II—more than one third of the building—was leased to five tenants before the structure was completed.
Tenants already doing business in the building include Regus/HQ, which moved in February; accounting firm KPMG which occupied its space in April; and DFD CornoyerHedrick, the architectural firm that designed Hayden Ferry Lakeside and will be moving into the building later this year.
Other tenants that have committed to leasing space in Hayden Ferry Lakeside Office Tower II include the headquarters office for Verdict Systems and regional offices for Care Level Management Medical Group and Ayers Saint Gross, Inc.
“With the commitment from LifeLock, only a fraction of the office space in the building remains available for lease,” says Tom Knoell, project manager for commercial development at SunCor. “We’re leasing commercial space in our Office Tower II more quickly than our original projections. Tenants are telling us that the space here is a great value.”
Background about Hayden Ferry Lakeside Office Tower II
LifeLock (www.lifelock.com) helps consumers to render their personal information useless to thieves, backing up its service with a million-dollar guarantee. Famous for its CEO giving out his Social Security Number in advertising and national press, the company is experiencing astounding growth. Currently located in a secure facility in Tempe, Arizona, LifeLock is a private company backed by Kleiner Perkins Caufield and Byers as well as Bessemer Venture Partners. The two-year old company was just nominated for several American Business Awards, including Best New Company and Best New Product or Service.
SunCor Development Company is a $500 million subsidiary of investor-owned and Phoenix-based parent company Pinnacle West Corporation.
Current commercial projects include Hayden Ferry Lakeside; Rio West Business Park, an award-winning, five-building office/industrial project in Tempe; Palm Valley Office Park in Goodyear; Palm Valley 303, a 2,000-acre commercial and industrial park in Goodyear; and other neighborhood and community shopping centers in Goodyear.
SunCor is building residential and mixed-use projects in Goodyear and Prescott, Arizona; Boise, Idaho; St. George, Utah; and in Santa Fe, New Mexico. The company also operates additional divisions that include SunCor Homes, SunCor Golf and SunCor Financial.
Additional information can be found at www.suncoraz.com.
with the most advanced Identity Theft Protection system available!