Finance of America Mortgage and Thomas Title sign leases totalling 13,000 SF at RivulonFebruary 2, 2016
Columbus-based Nationwide Realty Investors announced today that Finance of America Mortgage, a Blackstone Company, has executed a lease for 9,000 square feet of space on the second floor and Thomas Title & Escrow has executed a lease for 4,000 square feet of space in Rivulon’s new 125,000-square-foot, four-story office building. Nationwide Realty Investor’s President and COO Brian J. Ellis made the announcement.
“This announcement is reflective of Rivulon’s strong momentum and Gilbert’s great market,” said Ellis. “As our pace of development continues to escalate, we are pleased to welcome Finance of America Mortgage and Thomas Title as our first office tenants in the newly completed 275 East Rivulon Boulevard building.”
Finance of America Mortgage is ranked among the largest non-bank originators in the United Sates and is licensed in over 45 states. It operates in the retail, wholesale and correspondent channels and has its own servicing capabilities. The company operates over 300 retail lending branches and employs more than 3,000 professionals, of which over 1,400 are licensed loan officers.
“The Class A office space and Rivulon’s master planned approach to development is consistent with the experience we strive to provide to both our clients and our referral partner network,” said Finance of America Mortgage Branch Manager Ron Crawford. “The location and amenities it offers will enhance our lending opportunities in the Southeast Valley”.
Rivulon has seen tremendous momentum since breaking ground in late 2014. LA Fitness opened a 45,000-square-foot fitness center at the corner of Gilbert Rd and AZ 202 last year, and a 17,000 square-foot retail center will be completed in spring 2016. The four-story, 125,000-square-foot office building that will be home to Finance of America and Thomas Title is now complete and tenants have begun occupying their space. The adjacent 150,000-square-foot office building to house the new Isagenix world headquarters was also recently completed. Isagenix is well underway in moving their more than 450 employees to Rivulon. In addition, Gilbert’s first Mercedes-Benz dealership will open at Rivulon in summer 2016.