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| The Esplanade, 2425, 2525, 2575 and 2555 E. Camelback Road Camelback Corridor, Phoenix, AZ |
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| John Bonnell |
PHOENIX, AZ – After an extensive vetting process, the
Phoenix office of JLL has been selected as the exclusive leasing agent for the
four Class A office towers at The Esplanade, a 1-million-square-foot
landmark mixed-use project located at 24th Street and Camelback Road, in the
heart of Phoenix’s prestigious Camelback Corridor.
JLL Managing Director John Bonnell and JLL Vice
Presidents Brett Abramson and Greg McMillan will direct all
office leasing efforts for The Esplanade’s 10- and 11-story, Class A office
towers.
The buildings were
constructed between 1989 and 2002, and represent a total 906,459 square feet of
space at 2425, 2525, 2575 and 2555 E. Camelback Rd.
Each tower features
high-end finishes, panoramic views of Camelback Mountain and Piestewa Peak,
private balconies, 24-hour security, on-site conference and fitness facilities,
concierge and abundant covered parking.
JLL is also working with property owner by MetLife, Inc. as
it implements extensive, project-wide renovations that are delivering new
building lobbies, new corridors, an upgraded amenity package and new
speculative office suites.
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| Greg McMillan |
“The Esplanade represents some of the Valley’s nicest office
space in an equally premier location. It is one of those iconic projects that
checks virtually every box on the tenant and employee wish list,” said Bonnell.
“It also has an owner that recognizes the value of these advantages, and will
make the investment necessary to ensure The Esplanade remains a market leader
for the long term.”
In addition to its office towers, The Esplanade includes a
first-floor retail component, fine and casual dining, a 14-screen AMC Theatre,
a 291-room Ritz Carlton Hotel, and a pedestrian-friendly design that links the
project to neighboring Biltmore Fashion Park, one of the metro area’s most
upscale shopping and dining environments.
The Esplanade is within one mile of Piestewa Freeway/State
Route 51 and minutes from the Valley’s Loop freeway system, Interstate 10,
Downtown Phoenix and Sky Harbor International Airport.
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| Brett Abramson |
These factors combined
to rank Camelback Road as #34 on JLL’s list of Most Expensive U.S. Streets for
Office Space in 2013—an overview of the nation’s most premier, in-demand
submarkets for office space.
For more news, videos and research resources on JLL, please
visit the firm’s U.S. media center Web page: http://bit.ly/18P2tkv
For a complete copy of the company’s news release, please
contact:
Stacey Hershauer
focusAZ
Marketing & Public Relations
(480) 600-0195
