PHOENIX, ARIZONA – NAI Horizon represented the tenant, a national financial products distribution firm, in a long-term lease in the bustling and vibrant Midtown Phoenix Central Avenue office corridor.
NAI Horizon Managing Director Laurel Lewis represented Simplicity Financial Marketing, Inc., of Summit, New Jersey, in a long-term lease totaling $3.59 million at Phoenix Plaza, 2929 N. Central Ave.
Simplicity Financial will occupy 21,621 SF at Phoenix Plaza, which totals 225,000 SF.
Simplicity is one of the nation’s fastest growing independent financial services firms that annually produces $4.5 billion of annuity premium and $100 million of target life insurance premium. The Simplicity Group has 26 offices across the country.
“This new office will consolidate offices in Scottsdale and Glendale. They were attracted to the Central Phoenix corridor because of its great location and light rail access in Midtown Phoenix,” Lewis said. “Phoenix Plaza offers Class A accommodations with a fitness center, state-of-the-art conferencing, dining, and an adjacent hotel, which were all a big factor in their decision to locate at the building.”
Simplicity provides best-in-class insurance, investment, and business development solutions. By way of organic growth and acquisition of top financial distribution and technology companies, Simplicity has become one of the largest organizations of its kind.
The Landlord, Phoenix Plaza PT, LLC of Irvine, California, was represented by Pat Boyle with Cushman & Wakefield.
Courtesy Photo: 2929 N Central Ave., Phoenix