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News release

PHOENIX, AZ

Prime Location Attracts National Title Insurance Company to Camelback Road

WFG signs lease at contemporary, high-amenity 2777 E. Camelback building


PHOENIX, September 27, 2016 – 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.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $59.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.

In Phoenix, JLL is a market leader employing more than 540 of the region's most recognized industry experts offering office, industrial and retail brokerage, tenant representation, facility and investment management, capital markets, multifamily investments and development services. In 2015, the Phoenix team completed 17.2 million square feet in lease and sale transactions valued at $930 million, directed $125 million in project management and currently manages a 16.4 million-square-foot portfolio. For more news, videos and research resources on Jones Lang LaSalle, please visit www.jll.com or www.jll.com/phoenix.