Alticor Moving To Unrivaled Building

August 24, 2008
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ADA — Alticor Inc. will begin transferring its information technology department from its corporate headquarters in Ada this fall to a one-of-a-kind building in Caledonia, situated south of 68th Street between Patterson and Kraft avenues.

The company recently entered into a 10-year lease with Franklin Southbelt LLC for the building at 6940 Southbelt Drive SE. But the transaction also gives Alticor an option to buy the 35,000-square-foot building and the firm is expected to do that next year, possibly as early as January.

The two-story, two-year-old building is quite a unique structure in that it was built as a disaster recovery center for the electrical transmission industry and has multiple back-up power systems, a feature any fairly large IT department would surely find attractive.

“It’s going to be a back-up date center for us and we’re quite pleased with the size,” said Steve Duthie, a senior communications advisor with Alticor.

“We’re going to lease it with the intention of buying it, probably after Jan. 1.”

The building is about as secure as one can be. It has a steel superstructure with 8-inch pre-cast concrete walls and can withstand winds that reach up to 250 miles-per-hour.

The structure also is capable of producing 1,000 KVA of primary power, has two 750-kilowatt diesel generators for back-up power, a fully automated building system, a command and control center, several server rooms with dedicated heating and cooling, and over 10,000 square feet of office space.

The building is almost brand new, as it was only occupied for five months from August to December of 2006.

Although a purchase price wasn’t revealed, the building will reportedly cost Alticor less than constructing a comparable structure.

“Alticor was intending to design and build a new facility to house their IT group and found that the ability to occupy this facility was substantially less than the cost to build new,” said Duke Suwyn, president and CEO of Grubb&Ellis|Paramount Commerce.

Suwyn and GE|PC Vice President Tom DeBoer represented Franklin Southbelt, a division of Franklin Partners LLC — a commercial real estate investment firm based in the Chicago suburb of Oak Brook, Ill. The transaction closed last month.

Alticor is the parent company of Amway Corp., Quixtar North America/Amway Global, Access Business Group LLC and Alticor Corporate Enterprises.

“We’re going to start moving in in the fall, and ultimately 40 to 50 people will be working in the facility,” said Duthie.

“We’re out of space here at our Ada facility so we’re going to be repositioning the IT folks who sort of handle our corporate records. It’s all the behind-the-scenes stuff. All the servers and all the hardware will be shifted over to that facility.”

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