JLL completes 46,000-SF lease doubling Oscar's insurance office space at The Circuit Property in Tempe, AZ

The Circuit Office Complex, Tempe, AZ

PHOENIX, AZ – On behalf of New York-based insurance company Oscar, the Phoenix office of JLL has completed a 46,000-square-foot lease that will double Oscar’s presence at The Circuit creative office project in Tempe, Arizona and pave the way for the creation of 400 new local jobs by 2020.

Ryan Bartos

The expansion brings Oscar’s total footprint at The Circuit to 139,000 square feet.

It also allows for the expansion of the company’s Concierge Team, a group that relocated to the property in September 2016 and since that time has emerged as a core component of Oscar’s member-focused platform.

“The open, creative design of The Circuit is the perfect environment for Oscar’s culture of collaboration,” said JLL Executive Vice President Ryan Bartos, who represented Oscar in its lease negotiations. 

“It was a pleasure to help Oscar locate and lease this space in 2016, and it is great to see how they have used their Tempe location to continue to expand on their mission.”

“The Circuit has been an excellent foundation for Oscar to build our Concierge Team and recruit talented employees with a clear passion for providing exceptional support to our members,” said Mario Schlosser, CEO and co-founder of Oscar. 

“The work our Tempe team does every day is crucial to Oscar’s vision for a more member-focused health care experience, and we are thrilled to be investing more in Arizona as our membership grows.”

Mario Schlosser

Located at 615 S. River in Tempe, The Circuit is a 200,000-square-foot creative office project that was redeveloped between 2014 and 2015 by EverWest Real Estate Investors.

The redevelopment transformed a former Jabil Circuit manufacturing facility into an ultra-modern creative office project featuring 17-foot ceilings, 14-foot floor-to-ceiling windows, more than 60 skylights and glass roll-up doors that connect to outside patios and entertainment areas.

Employees who bike to work benefit from a separate area with showers and lockers. Those who commute by car are served by a 7/1,000 parking ratio, which is approximately 40 percent higher than most competing office building parking ratios in the market.

The Circuit sits on 16 acres just southeast of the Loop 101-202 interchange, offering immediate access to the Valley’s major transportation routes and prime access to the Valley’s skilled labor pool. It is minutes from Sky Harbor International Airport, downtown Tempe and Arizona State University.

Arizona State University Campus

Oscar, one of the country’s fastest growing health insurance companies, will move into its new space in summer 2019.

Members can easily access their health history and account information via hioscar.com and our iOS and Android apps.

Say hi or learn more at https://hioscar.com or follow us at https://twitter.com/OscarHe alth.

Contact: 

Stacey Hershauer

Phone: +1 480 600 0195

Email: stacey@focusaz.com

 ir.jll.com or www.jll.co m.