Esplanade Archives

Trends redefine core assets in the Valley

CityScape
by in AZRE Magazine

While some criteria for classifying a building as a core asset a decade ago still remain, changing trends in the market and tenant demands are recalibrating the way we think about core assets in the Valley. Property value, land scarcity and an institutional component originally drove market demand for core assets. The same is true… Read More →

CBRE earns marketing, leasing for Esplanade complex

by in AZRE Magazine | Office | Retail

CBRE has been awarded the marketing assignment for the ±1 million-square-foot mixed-use Esplanade complex, including buildings I, II, IV and V. The landmark office and retail development is located at the southeast corner of Camelback Road and 24th Street. LBA Realty, who purchased Esplanade I, II, IV and V from MetLife in late December 2015,… Read More →

Bankers Trust celebrates opening of new location

Nearly 150 community leaders, industry experts and customers joined Bankers Trust on Thursday as they celebrated the grand opening of its new location on the ground floor of Esplanade Building II (2525 E. Camelback Rd. Suite 100). The first Bankers Trust Phoenix location opened in 2007 and since that time the Bank has grown from… Read More →

Project News Jan/Feb 2015

➤ TIME AFTER TIME The historic Hayden House in Tempe (built between 1871 and 1873) was the birth place of Arizona Rep. and Sen. Carl Hayden in 1877. Over the years, it was converted to a boarding house and eventually a restaurant known as Monti’s La Casa Vieja. The 2.51-acre property, purchased by Hayden House… Read More →

Esplanade to undergo Gensler-designed renovations in 2015

The Esplanade has announced that the mixed-use development will undergo renovations to its ground plane and retail space with work slated to begin in first quarter 2015. Renovation plans currently include strategies to open up the three main entry points to the retail portions of the property to make them more inviting and accessible to… Read More →

Tiffany & Bosco Leases Two Floors at Camelback Esplanade

by in Brokerage | In The Spotlight

Tiffany & Bosco, LLC, a Phoenix-based law firm, has signed a lease to occupy nearly two full floors at Camelback Esplanade II, 2525 E. Camelback Rd., according to Cushman & Wakefield of Arizona, Inc. “Tiffany & Bosco has been a tenant at the property for 10 years and remains committed to this prestigious location,” says… Read More →

Camelback Esplanade Gets Multi-Million Modernization

by in Business News | Construction | Mixed-Use

Camelback Esplanade, Phoenix’s premier mixed-use project, is launching a multi-million dollar modernization of Esplanade I and II. MetLife, owner of four Camelback Esplanade towers, will start the venture with an update of lobby areas and corridors in Tower I, 2425 E. Camelback Rd. The improvements, which will start this month, include new Italian Botticino marble… Read More →

2 new restaurants opening at Esplanade

by in Business News | Dining

Cushman & Wakefield today announced the opening of two new restaurants at The Shops at Esplanade, located on the southeast corner of Camelback Road and 24th Street.  The new tenants are part of Esplanade owner, MetLife, and Cushman & Wakefield’s efforts to revitalize the property’s retail presence. “We have worked diligently with MetLife to attract… Read More →