Leasing experts in the Phoenix office of JLL have completed a new anchor tenant lease at LOFTS at the District, a recently completed project by George Oliver and Vancouver-based Kootenay Holdings that brings move-in-ready, Class A loft-style boutique office space to North Scottsdale.
Serving as an anchor tenant, Solidifi Title & Closing will take 12,664 square feet at the project for a new-to-market regional office. The commitment brings LOFTS at the District to approximately 65 percent leased just months after its delivery to the market.
JLL Managing Director Ryan Timpani and Senior Associate Nick Bialkowski represented George Oliver in the lease negotiations. Holly Ellis of West USA represented Solidifi.
“The new tenants at LOFTS are all there for similar advantages – a very high-end demographic and a mixed-use office product that has on-site retail and office suites with some of the best finishes in the Valley,” said Timpani. “Tenants certainly appreciate these attributes when deciding where to plant their flag in the greater Phoenix market.”
At LOFTS at the District, George Oliver converted an existing but underutilized, high-end commercial development into five upscale office suites ranging from 2,000 to 10,000 square feet. The suites feature dramatic window lines and panoramic mountain views achieved with a mix of 12-foot ceilings and 20-foot vaulted peaks. All suites were completed move-in-ready, with high-end finishes and modern interiors as reflected in the LOFTS virtual tour.
The project is located at 15551 N. Greenway Hayden Loop, in the heart of North Scottsdale and the Scottsdale Airpark, just east of the popular Scottsdale Quarter open-air retail center.
“The finishes and move-in-ready build out that George Oliver provided made LOFTS at the District a clear frontrunner for us,” said Solidifi Vice President Theresa Root. “Everyone was exceptional throughout this process, helping us to safely tour this space and execute a lease mid-quarantine so that we could continue to grow our business based on strong market demand.”
New York-based Solidifi is one of the nation’s largest providers of residential real estate appraisals and a leading independent provider of title and settlement services. It operates two valuation offices and ten title offices located across the U.S.
“LOFTS at the District was a great opportunity to bring a unique piece of real estate to life through the use of timeless design and strategic programming,” said George Oliver Founder and Managing Partner Curt Kremer. “We’re excited to announce Solidifi as our newest tenant and look forward to leasing the remaining spaces.”
Lofts at The District is surrounded by millions of square feet of retail, restaurant and multifamily development including its own ground-floor retail space and nearby projects like The Promenade, Kierland Commons and Scottsdale Quarter. It sits at the center of a highly educated labor pool, drawing employees from Scottsdale and neighboring cities.
Remaining available space at the project includes two move-in ready suites at 7,706 and 2,899 square feet, respectively. Timpani and Bialkowski serve as the project’s exclusive leasing brokers. RSG Builders is the general contractor.