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PHOENIX-One of the world’s leading Web site hosting providers has established a local presence with the $1.1-million acquisition of a 15,600-sf flex industrial building in the city.

Ipowerweb, the firm whose motto “The Power Behind eBusiness” has become well-known among its more than 100,000 customers, will move offices and Web servers into the 919 E. Jefferson Ave. property Downtown Jan. 1. Kirk Jenkins, executive vice president with the local office of GVA Daum, tells GlobeSt.com that the Santa Monica, CA-based firm, the fifth largest and fastest-growing Web hosting firm in the world, selected the building because of its high-security features and the location of broadband service within Arizona’s power grid.

“It’s a great piece of property,” Jenkins says of the one-acre site in the Cabot, Cabot & Forbes Business Park, formerly the home of G-Tech, a contract provider for Arizona’s state lottery. “It has high security, external cameras and a backup generator for an uninterrupted power source. There was a lot of things about the building that was important to them but broadband was the key,” Jenkins says.

Located at the southwest corner of 10th Street and Jefferson Avenue, the single-story, tilt-construction building, built in the mid-1980s, features a 2,500-sf computer room with the remainder used as office space. The property has been vacant for about two years eversince G-Tech moved out of the facility, Jenkins says.

Jenkins along with Skip Corley Jr., also with GVA Daum, represented the seller, Omens Trust of Murrieta, CA, in the transaction. The buyer was represented by Re/Max Commercial.

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