Success Story:

Fidelity National Title Group

Maitland, FL

35,822 SF

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Client Objectives

Fidelity National Title Group is the new consolidated brand of Fidelity National Financial's umbrella of companies, including Fidelity National Title, Chicago Title, Ticor Title, Chelsea Title, Lawyers Title and Commonwealth Title. With FNF's acquisition of LandAmerica, the client faced market confusion as well as a duplication of resources. The main objective was to house all these brands under one roof and create synergies, promote teamwork and reduce occupancy costs.

Results

Cresa Orlando secured a lease in Maitland Center that provided for phased construction and a generous amount of free rent. This gave the client the flexibility for co-locating each brand over the course of several months. Additionally, Fidelity National Title Group recognized a reduction of over 15,000 square feet through the co-location. With the credit of Fidelity National Financial, the lull in the real estate market and aggressive negotiations resulted in significant cost savings for FNF and their shareholders.

Additional Assignments

Fidelity National Financial hired Cresa Orlando in 1993 to help with all of the Central Florida and statewide office requirements. To date, Cresa Orlando has negotiated 29 leases for more than 420,000 square feet on their behalf.