the MAC6 story

The MAC6 Entrepreneurial Campus Founders' Story

Inflexible Leases in a Changing Market: A problem worth solving


McIntosh Engineering Finds the Need for Flexibility

Fixed leases don’t work for a growth industry. The traditional commercial real estate model usually involves a business being required to sign a 3 to 5-year lease on space. But for a growing business, or a business going through up and down cycles, this can be a huge constraint.

If the business is growing the fixed lease and space becomes a constraint to growth. if the business faces a downturn, the fixed longer-term lease can become a financial anchor.

The Solution – Flexible Leases that Support Growth

Scott McIntosh knew McIntosh Engineering was on the cusp of very rapid growth and did not want the business opportunity to be constrained by a fixed lease. Scott also knew mining was always subject to downturns (the 2008 financial crisis was certainly not in the forecast in 2004).

Scott solved the problem by having the financial wherewithal to purchase the buildings at 1430 and 1438 W. Broadway Road in Tempe, coincidentally (or not) directly adjacent to the Redpath overflow space leased in 1980.

McIntosh Engineering initially occupied 10,000 square and (the big idea solution) simultaneously opened an Executive Suites facility directly adjacent to the McIntosh Engineering offices.

This created the perfect solution – the Executive Suites generated income to offset the cost of property ownership, while giving McIntosh Engineering the opportunity to grow. 

Over time, McIntosh Engineering took over the entire executive suite’s offices and ownership of the larger 50,000 square foot building allowed Scott to manage the balance between engineering business growth and generating revenue from other tenants in the building to operate a balanced financial win / win model.

How we got our name


A Multi-generational company

The multigenerational entrepreneurial story begins in the Pacific Northwest with support of miners in the 1890’s Alaska Gold Rush. Family members originating from Scandinavia and Scotland (via Canada) became Seattle area real estate developers and vendors, selling picks, pans and other necessities, arguably doing far better than most of the miners themselves.

McMardon, Inc.

Fast forward exactly 100 years to 1989 and Donald / Margaret McIntosh, parents to Scott and grandparents to Kyle, formed McMardon, Inc., a real estate investment enterprise based in Seattle, following Don’s retirement as a Partner in Price-Waterhouse, and CFO at NCR (National Cash Register).

Mc/Mar/Don (McIntosh, Marge, Don) expanded its reach in both Washington and Oregon, including a major re-development of Seattle’s Roosevelt Square district with, at the time the largest ever Whole Foods Market (WFM) as anchor tenant – a big stretch for both McMardon and WFM.

 

An Entrepreneurial Spirit

Simultaneous with the formation of McMardon Inc, Scott always had an entrepreneurial itch, but as a civil / mining engineer his career was following a very different path. In 1979 Scott joined underground contracting and mining engineering firm Redpath (now a Billion+ rapid growth success story), and the ultimate MAC6 story begins to take form.

Timeline

Redpath Sees Rapid Growth

Redpath in was experiencing rapid growth and leased overflow office space in the one of the now several buildings comprising the MAC6 Entrepreneurial Campus in Tempe.

McIntosh Purchases Redpath’s Engineering Business

After relocating from Arizona to the Philippines, to North Bay, Ontario, Canada, Scott and family (Kim, Kyle and Jessica McIntosh) jumped off an entrepreneurial cliff by purchasing Redpath’s engineering business in both Canada and the USA.

 

Scott grew what became McIntosh Engineering from an initial 27 employees to a global firm of 250 serving major mining companies in their efforts to develop sustainable mining projects around the world. Fast forward again – 10 years of up and down survival were followed by 5 years of rapid growth – with major inflection point occurring in 2004.

McIntosh Reimagines Commercial Real Estate

The McIntosh Engineering business model was entirely people-focused as the business grew to become the largest concentration of deep underground mining expertise in the world. Growth required more people, and of course more people required more space.

 

At the time, McIntosh Engineering was leasing 12,000 square feet of office space near Rural Road and Highway 60, but the business faced an issue that many growing companies continue to face today – and that problem is the true genesis of the MAC6 Entrepreneurial Center.

McIntosh Engineering Sells to Stantec

After a period of rapid growth, McIntosh Engineering was acquired by Stantec, and the former McIntosh Engineering has continued its rapid growth as the Stantec Mining Group, a people-focused win/win/win solution on many levels.

Scott and Jessica Take on Property Investing

Scott and many other employees enjoyed large financial wins, and Scott began a transition from Stantec to what’s next. Scott had never envisioned a “family business,” but through a set of circumstances Scott and daughter Jessica joined forces to manage a growing portfolio of real estate properties including both commercial and residential.

Kyle Joins, MAC6 is Born

The pace of the story picks up as Kyle joins the family business team. We discovered the still nascent Conscious Capitalism movement and MAC6 – “McMardon Advancing Conscious Capitalism through Creativity, Collaboration, Community and Change” was formed.

The Future – Our Values Persist

The next decade is coming, and much has changed, but much stays the same – today the MAC6 Entrepreneurial Campus is a thriving community of people and businesses working together to grow, profit and make a positive difference in the world.

The MAC6 Entrepreneurial Solution


Breaking with Traditional Lease Options

The solution we offer is the 2004 solution Scott found McIntosh Engineering – a solution to deal with the issue of fixed 3 to 5- year space leases when growing a business and when sometimes contracting with market downturns.

The solution we offer on our Tempe, Arizona Campus is that community membership is guaranteed to meet your needs for flexibility, or you can terminate your membership (lease), and we will help you find a space that meets your needs.

MAC6 understands the disruption of growth, and we offer programs geared to help both people and business break through all types of barriers to growth – space and much more.

Amenities that Support Entrepreneurial Growth

While our leases give you flexibility, our amenities help you get the most from your team. We support health, give you a solid technological and networking foundation and access to ownership through onsite management. But organizational growth comes from a community and programs specifically designed to help you get the most out of your team. Where many coworking spaces offer fun amenities, MAC6 adds the programs, coaching and accountability to make strong, healthy teams a reality.