SkyMall Staying Put (But No Deals Signed from Mid-Air)
The company that lures you to shop 30,000 feet above the earth for things like Star Wars toasters, miniature singing gondoliers, and this zombie statue is just fine with its current HQ needs in Phoenix. We got our hands on Xhibit Corp's recent SEC filing about its facilities at 1520 E Pima St. According to docs, the company leases 20k SF for its corporate office and 14k SF for its tech ops and storage and call center through 2035. “Management believes that the company's existing facilities in Phoenix are sufficient for its current needs."
Xhibit, which merged with SkyMall earlier this year—producer of those ubiquitous shopping catalogues you find tucked into the back of airline seats—is subleasing its former nearly 16K SF HQ space at Hayden Ferry Lakeside I, which expires in 2018. Xhibit did not identify the sublessee in docs.
