Leasing, renovation a powerful combination for Camelback Corridor landmark
The Esplanade is re-asserting its position on the Camelback Corridor with 70,000 square feet in new leases and renewals completed by the Phoenix office of JLL, and a $9 million renovation in the works by MetLife, Inc., owner of The Esplanade buildings I, II, IV and V.
“The Esplanade is the benchmark by which real estate professionals judge the health of the overall office market, and the Camelback Corridor in particular,” said JLL Managing Director John Bonnell, who along with JLL Vice Presidents Brett Abramson and Chris Latvaaho represented MetLife in all lease transactions. “After years of decreasing rents, we can finally say that the Camelback Corridor is back and breathing new life into its best and brightest projects. The entire submarket is booming with tenants wanting dense, amenity rich space and modern options.”… Read More