PHOENIX-Insignia/ESG plans to double the size of its office in Phoenix and add another 20 employees over the next two years.

The commercial brokerage firm, currently the third largest in metropolitan Phoenix, has agreed to lease 25,000 sf in Camelback Esplanade V, an office tower at the southeast corner of 24th Street and Camelback Road.

“Our expansion and relocation into the Esplanade V demonstrates our commitment to the Phoenix marketplace,” says Craig S. Henig, executive director of Arizona operations for Insignia/ESG. Esplanade V, the fifth tower of a new office complex, is currently under construction by Opus West.

Insignia/ESG will add another 20 people to its Phoenix staff by the time the firm moves into its new headquarters, bringing total staff to 100 in the Valley and 150 statewide.

Insignia/ESG has 58 licensed commercial agents, according to the Business Journal’s 2000 Book of Lists, making it the third largest in the Valley behind Grubb & Ellis (62) and CB Richard Ellis (78).

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.