A Los Angeles-based firm is committing $20 million to help transform the 370,000-square-foot Ilume Innovation Center in Scottsdale into a fully lab-enabled life science facility. abc15
The renovation will help transform the 370,000-square-foot building into a fully lab-enabled life science facility.
Plans call for building several move-in-ready wet lab suites. Upgraded tenant amenities include a fitness center, auditorium meeting space, tenant lounge and 1.5-acre rooftop garden. Designed by famed architect Will Bruder, the building at 19001 N. Scottsdale Road originally served as the headquarters for Henkel North American.
Stockdale bought the four-story building in December 2019, paying $65 million to Henkel Corp., according to Tempe-based Vizzda LLC real estate database. Current tenants include Systems Oncology, CommonSpirit Health Reference Lab, INanoBio Inc., along with 2023 BIG Innovation Award recipient technology firm GPS Insight.
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