Sandia Science & Technology Park Development
- Company typePrivate
- Founded1998
- HeadquartersAlbuquerque, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Sandia Science & Technology Park Development firmographics
Firmographics- Name
- Sandia Science & Technology Park Development
- Legal name
- Sandia Science & Technology Park Program (Sandia National Laboratories) and Sandia Science & Technology Park Development Corporation
- Website
- https://sstp.org
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Sandia Science & Technology Park Development industry classification
Industry- Product category
- Research Park Real Estate
- NAICS
- Administrative and Support Services (561)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Industrial Park Owners Association Management (BPAJAHAH)
Keywords
Where Sandia Science & Technology Park Development is headquartered
LocationHeadquarters
- HQ city
- Albuquerque
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sandia Science & Technology Park Development business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Others
Revenue model
- Commercial Real Estate Leasing: The SS&TP generates revenue through leasing of office, research, and manufacturing spaces to technology companies. Spaces range from 500 to 36,000 square feet, serving companies from startups to large corporations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Flexible commercial space for technology companies |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Sandia Science & Technology Park Development product offering
Product offeringCore offering
Sandia Science & Technology Park Development manages a 340-acre master-planned technology community in Albuquerque, New Mexico, leasing office and laboratory space ranging from 500 to 36,000 square feet to technology, research, and defense-related companies. The park is located adjacent to Sandia National Laboratories and Kirtland Air Force Base, offering 27 buildings housing 46 companies and organizations with approximately 2,018 employees as of December 2025. Revenue is generated through commercial real estate leasing of purpose-built workspace to tenants operating in national security, research, and advanced technology sectors.
Product overview
The Sandia Science & Technology Park (SS&TP) is a single unified offering: a 340-acre master-planned technology community and commercial real estate development in Albuquerque, New Mexico. Associated with Sandia National Laboratories and adjacent to Kirtland Air Force Base, the park provides physical property space (ranging from 500 to 36,000 square feet), high-speed fiber optic communications infrastructure, and access to world-class facilities, technologies, scientists, and engineers. Currently 46 companies and organizations with over 2,018 employees reside in the park, engaged in joint research and development, technology commercialization, and supply chain development with Sandia National Laboratories. The park is managed by the SS&TP Program Office (a Sandia National Laboratories affiliated organization) and the non-profit Sandia Science & Technology Park Development Corporation (SSTPDC).
Differentiator
Problem solved
Functional benefit
Products and services
- Office and Laboratory Space Leasing
- Technology Park Real Estate Development
Quantifiable outcome
- $7.7B in cumulative wage and salary disbursements attributable to park activities since 1998
- +3 more outcomes
Companies that use Sandia Science & Technology Park Development
Customer profileNamed customers8 records
Segments1 record
Ideal customer profiles2 records
Sandia Science & Technology Park Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sandia Science & Technology Park Development partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Sandia National LaboratoriescoreSandia National Laboratories is the anchor institution for the SS&TP. The park was established to support technology transfer, joint R&D, and supply chain development with Sandia. The SS&TP Program Office is a Sandia National Laboratories affiliated organization.
- Kirtland Air Force Base / Kirtland National Security ComplexcoreThe SS&TP is adjacent to Kirtland Air Force Base, which includes Air Force Research Laboratory and U.S. Space Force facilities. This proximity provides park companies easy access to these organizations and vice versa.
- Air Force Research Laboratory (AFRL)coreAFRL is located adjacent to the SS&TP at Kirtland National Security Complex, enabling collaboration with park companies on defense research and technology development.
- Albuquerque Public SchoolsminorEducational partnership supporting STEM workforce development and school-to-career pathways for students.
- City of AlbuquerqueminorMunicipal partnership supporting economic development and technology industry growth in the region.
- Bernalillo CountyminorCounty-level partnership supporting regional economic development initiatives.
- Mid-Region Council of GovernmentsminorRegional planning organization that conducts economic impact assessments for the SS&TP and supports regional development.
- New Mexico State Land OfficeminorState agency supporting land use and economic development initiatives related to the technology park.
- PNM (PNM Resources)minorLocal utility provider supporting energy infrastructure for the park.
- U.S. Department of Energy/NNSAcoreFederal agency overseeing Sandia National Laboratories, the anchor institution for the technology park.
- U.S. Economic Development AdministrationminorFederal agency that awarded Star of the Southwest Award to the SS&TP and supports regional economic development.
- State of New MexicominorState government support through economic development initiatives and recognition.
- New Mexico Congressional DelegationminorFederal legislative support for the technology park and national laboratory partnerships.
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
Sandia Science & Technology Park Development competitors and assessment
Company assessmentDirect peers
- Science Park at Yale: Mixed-use research park affiliated with Yale University, hosting technology, biotech, and advanced manufacturing tenants. Closely analogous to SS&TP's institutional-anchor-driven model of real estate and R&D commercialization.
- University Research Park (Wisconsin): University-affiliated research park that leases space to technology and biotech companies near the University of Wisconsin–Madison. Comparable operating model and tenant mix (technology transfer, R&D-intensive startups) to SS&TP.
- Cummings Research Park: One of the largest research parks in the U.S., located adjacent to Redstone Arsenal and defense/aerospace contractors in Huntsville, Alabama. Directly comparable to SS&TP given its adjacency to a major military installation, defense-tech tenant base, and large master-planned footprint.
- Innovation Quarter (Winston-Salem): Mixed-use research park developed around Wake Forest School of Medicine with comparable life sciences, technology, and research tenants. Mirrors SS&TP's model of growing from an anchor institution into a broader innovation district.
- Research Triangle Park (RTP): One of the largest and oldest master-planned research parks in the U.S., operating a comparable model of leasing land and facilities to technology, biotech, and research tenants near Research Triangle Institute and major universities. Highly analogous to SS&TP in operating model, tenant profile, and public-private partnership structure.
- Arizona State University Research Park: University-affiliated master-planned research park adjacent to ASU Polytechnic campus, hosting technology, defense, and clean-energy tenants. Comparable to SS&TP in scale, anchor-relationship structure, and emphasis on tech transfer.
Broad incumbents
- BioMed Realty: Large private (Blackstone-owned) operator of life science and technology campuses in key innovation clusters. Comparable to SS&TP at the asset-class and tenant-profile level, though operating across a national portfolio rather than a single campus.
- Alexandria Real Estate Equities: Public REIT specializing in life science and technology campuses. Operates at much larger scale and across multiple geographies, but its cluster-based, mission-driven tenancy strategy overlaps with SS&TP's positioning around R&D-intensive tenants.
- Highwoods Properties: Public office REIT operating Best Business Class-A office parks across the Sunbelt. Comparable as a commercial office park operator with institutional tenants, though not focused on R&D/defense tenants the way SS&TP is.
Others
- Battelle: Non-profit that operates multiple national laboratories (including for DOE) and runs the Battelle Memorial Institute, including managing research campuses. Comparable to SS&TP's non-profit, national-lab-adjacent operating model and economic development mission.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Sandia Science & Technology Park Development social profiles
Digital presenceSandia Science & Technology Park Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sandia Science & Technology Park Development leadership team
Management profileNumber of profiles
Profiles5 records
Sandia Science & Technology Park Development subsidiaries and ownership
Company hierarchySubsidiaries1 record
Sandia Science & Technology Park Development funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sandia Science & Technology Park Development M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sandia Science & Technology Park Development
What does Sandia Science & Technology Park Development do?
Sandia Science & Technology Park Development manages a 340-acre master-planned technology community in Albuquerque, New Mexico, leasing office and laboratory space ranging from 500 to 36,000 square feet to technology, research, and defense-related companies. The park is located adjacent to Sandia National Laboratories and Kirtland Air Force Base, offering 27 buildings housing 46 companies and organizations with approximately 2,018 employees as of December 2025. Revenue is generated through commercial real estate leasing of purpose-built workspace to tenants operating in national security, research, and advanced technology sectors.
Is Sandia Science & Technology Park Development a public or private company?
Sandia Science & Technology Park Development is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Sandia Science & Technology Park Development founded?
Sandia Science & Technology Park Development was founded in 1998. It employs 11 to 50 people.
Where is Sandia Science & Technology Park Development based?
Sandia Science & Technology Park Development is headquartered in Albuquerque, United States, in the North America region.
How does Sandia Science & Technology Park Development make money?
One revenue line is on record: commercial Real Estate Leasing.
Who are Sandia Science & Technology Park Development's main competitors?
Direct peers on record are Science Park at Yale, University Research Park (Wisconsin), Cummings Research Park, Innovation Quarter (Winston-Salem), Research Triangle Park (RTP) and Arizona State University Research Park. Broad incumbents are BioMed Realty, Alexandria Real Estate Equities and Highwoods Properties. Battelle is listed as an others.
Does Sandia Science & Technology Park Development have an API?
No public API is recorded for Sandia Science & Technology Park Development.
What industry is Sandia Science & Technology Park Development in?
Sandia Science & Technology Park Development's product category is Research Park Real Estate. Its primary akta.pro industry code is BPAJAHAH, Industrial Park Owners Association Management. Its NAICS code is 561 and its SIC code is 6552.