By Liviu Oltean, Associate Editor
Progressive Leasing, a Utah-based financial services vendor for retailers and merchants, will soon open its doors in Glendale. The Phoenix office of CBRE Group Inc. just finished negotiating a 20,000-square-foot lease for the company at Talavi Corporate Center on West Talavi Boulevard.
The company hopes to add about 500 new jobs in metropolitan Phoenix by the end of 2015. Progressive Leasing plans to add 50 employees each month for a variety of departments–underwriting, customer service, retailer support and collections. The new lease represents Progressive Leasing’s first step outside Utah, where the company has created more than 600 jobs in the past three years.
“Our new Glendale facility is an important part of Progressive’s growth plan and our ‘always up’ strategy,” said Ryan Woodley, CFO/COO of Progressive in a statement. ”Our expansion requires a great labor force, superior facilities, and few geographic or weather anomalies. Glendale was a perfect fit for our needs.”
“Glendale is an excellent location because of our abundant, qualified workforce and close proximity to multiple major transportation corridors,” said Brian Friedman, director of economic development for the city of Glendale. “Our process for expedited development services has really given us the reputation of working with the client to ensure they open within their timeframe.”
Based in Draper, Utah, Progressive Leasing is considered one of the state’s fastest-growing companies. On Nov. 3, the firm broke ground on a six-story headquarters that will accommodate more than 700 employees.