A prime location in the heart of the Camelback Corridor has attracted WFG National Title Insurance Company (WFG) to a new lease at 2777 E. Camelback Rd. Leased by the Phoenix office of JLL, the new location provides WFG with direct exposure to Camelback Road in a contemporary, highly amenitized office environment.
JLL Vice President Chris Latvaaho, Managing Director John Bonnell and Senior Vice President Brett Abramson represented property owner DRA Advisors/Fountainhead Equity Partners. Michael Stone of The Stone Group represented WFG, a national provider of premium title insurance and settlement services to the real estate and mortgage industry. As of Q1 2016, WFG was the fastest growing national title underwriter and the nation’s sixth largest provider of title insurance.
“2777 is perfect for forward-thinking companies like WFG who are looking for unique, modern, flexible space that differentiates itself from the submarket’s mega office complexes and towers,” said Latvaaho. “With this property, tenants get a one-of-a-kind infill location without compromising environment, infrastructure or amenities.”
Totaling 104,618 square feet, the 2777 building sits at the southwest corner of 28th Street and Camelback Road, in the heart of the prestigious Camelback Corridor. The building offers 36,000-square-foot floorplates, with contemporary features including 13-foot ceilings, raw concrete open space, a shared tenant conference room and surface and two-level underground parking.
“With their directive to ‘communicate, collaborate, coexist,’ WFG is a major national brand focused on changing the way traditional mortgage and real estate transactions are done,” said Fountainhead Equity Partners President Art Cunningham. “This space will support them in those goals, with flexible floorplates for more efficient operations, direct Camelback Road exposure for their growing brand and top-notch amenities to help them attract and retain the best talent.”
In addition to offering 16 restaurants within walking distance, 2777 is only blocks from Biltmore Fashion park, less than 1.5 miles from State Route 51 and a quick drive to Sky Harbor International Airport. Additional building amenities include views of Camelback Mountain and Piestewa Peak, on-site owner/management and security, and unmatched signage opportunities.
WFG will relocate from 1420 E. Missouri Ave. in Phoenix into 6,058 square feet on the ground floor at the 2777 building in November. It joins current building tenants UMB Bank, The Lavidge Company and Hill International and Avison Young.
JLL continues to market space at 2777 E. Camelback. Available suites range from 1,997 square feet to 28,728 square feet.