The big daddy of webmaster services worldwide, GoDaddy.com Incorporation with its headquarters in Scottsdale, has reportedly paid $12.5 million to buy a 153,469 square foot area for its office project. The area, located in the northeast corner of Hayden Road and Acoma Drive in Scottsdale, set the domain name and web hosting giant back by a staggering $81.45 per foot. The sellers on record are Crown Reality and Development Corp in California.
Scottsdale Technology Center, which is an upscale three building project, is already up to 66% occupancy. Go Daddy currently inhabits 75,000 square foot of the Technology Center and with this acquisition will eventually use the entire building for business.
It’s very well known that Go Daddy is the leading domain name and related products & services provider with more than 40 million domain names registered. Go Daddy prominent products include domain name registration, web site creation tools, hosting services and a whole lot of services enabling amateur and professional webmasters to establish an online presence.
Scottsdale Technology Center was up for sale which ended on June 4. With this acquisition, Go Daddy continues with their recent efforts to expand its business aggressively while improving management of incidents, like the recent hacking of all WordPress blogs hosted on GoDaddy servers, better.
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I think that maybe GoDaddy pays for real estate by stealing wages from tech employees. Read about the class action lawsuit to recover lost wages here:
http://forums.nodaddy.com/index.php?topic=831
Think hard about whether you want to work for a company like this!
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