Thomas Title Closes Two Tempe Projects; Executive Profiled
Dear Clients and Friends,
We are pleased to announce the closing of two large commercial transactions and a new executive profile.
New Lennar Division to Develop Multi-Family Argo at Town Lake for Estimated $60 Million
Thomas Title & Escrow handled the sale of Argo at Town Lake, a 5.3 acre parcel on Tempe Town Lake, in Tempe, AZ, from Evergreen DevCo to Lennar Multifamily Investors. The total project cost is estimated to be $60 million. Click here to read more.
Sale-Leaseback of State Farm Campus for $73 Million
Thomas Title & Escrow handled the recent sale of State Farm’s Tempe Operations Center to JDM Partners for $73 million. The five-building corporate campus totals 372,408 square feet, and is located within the master-planned Fountainhead Corporate Park in Tempe, AZ. Click here to read more.
Thomas Title Executive Quoted and Profiled – “Riding the Wave”
Executive Brett Hopper was recently quoted and profiled in AZRE Magazine. The article provides commentary on current market trends and notable recent transactions. Click here to read the article and profile.
Thank you again for your continued support in helping us achieve our goal of being your premier provider of commercial title insurance and escrow services.
Frank W. Busch III
President and Chief Executive Officer