Fidelity National Title commits to large, long-term lease at Northwest Crossing I
Gemini Rosemont Commercial Real Estate, a leading commercial real estate investment company with more than 14 million square feet of commercial office space in 20 states, has agreed to a long-term lease with Fidelity National Title Group (FNTG).
Fidelity National Title Group’s Houston Production Center now operates in 14,000-plus square feet at the Northwest Crossing I building at 13101 Northwest Freeway, in Houston’s Northwest Far submarket. The new lease increases the building occupancy by 18 percent.
Fidelity National Title Group is a member of the Fidelity National Financial (NYSE: FNF) family of companies and the nation’s largest group of title companies and title insurance underwriters – Chicago Title Insurance Company, Commonwealth Land Title Insurance Company, Fidelity National Title Insurance Company, Alamo Title Insurance, Lawyers Title, and Ticor Title – that collectively issue more title insurance policies than any other title company in the United States.
“Fidelity National Title Group selected the Northwest Crossing I as the site for its production center because of its convenient location and the high-density open space concept with first floor lobby exposure,” said Helen Rivero, regional principal for Gemini Rosemont. “We truly value having Fidelity National Title Group at Northwest Crossing I.”
Northwest Crossing I is a three-story, 77,484 square foot property that offers easy freeway access, along with nearby retail shopping, restaurants and hotels to service the needs of tenants and their employees.
“The addition of Fidelity National Title Group’s Houston Production Center to the Northwest Crossing I tenant roster will bring approximately 70 more employees to the building every day, which supports neighboring businesses,” said Rivero. “We’re optimistic that with the imminent completion of the U.S. Route 290 highway expansion in Q4 2017, coupled with the convenient location and the future local amenity development in the submarket, there will be additional leasing opportunities at Northwest Crossing I.”
Gemini Rosemont’s Leasing Director Carrie Powledge represented the landlord in the transaction, while Don King with JLL negotiated on behalf of FNTG.
Tenants include Deposition Solutions, LLC, Freeman & Curiel Engineers, and Carlton Staffing, among others. Available suites range in size from 582 square feet to 5,175 contiguous square feet.
Gemini Rosemont and its related entities own 24 properties representing nearly four million square feet in Texas, including 15 properties comprised of more than two million square feet in the Houston market.