KINGSTON, ONTARIO-Financial services industry risk management program provider Assurant Group has leased 44,055 sf here for a new call center here. Situated on a 14.5-acre site on Gardiner’s Road, the facility is scheduled to open in June 2003 and the company has plans for further expansion.

Jim Trobaugh, Rob Marsh and Chris Hook of CB Richard Ellis’ Phoenix office represented the tenant, American Bankers Insurance of Miami, which does business as Assurant Group. Building owner Tapp Holdings ULC of Oklahoma City was unrepresented in the transaction. The 10-year deal is valued at $5.7 million over the contract term.

CBRE’s Call Center Solutions Group was charged with finding a location for the facility. Kingston won the day when it was identified by CCSG as having the appropriate workforce for Assurant’s needs. CCSG’s former placement of an Assurant call center in Lawton, OK and its familiarity with the Canadian marketplace were instrumental in its selection by the firm to locate its new call center.

Company officials say the 252-seat call center will create 350 new jobs while reducing Assurant operating cost through consolidation of other Toronto-based operations. Assurant is part of Fortis, an international financial services provider active in insurance, banking and investment.

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?


NOT FOR REPRINT

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

 

GlobeSt

Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

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