Allstate Insurance will soon join the tenant line up at the Landfall Center Shopping Center.
Mike Brown, a broker with Wilmington-based Cape fear Commercial, said Thursday the national insurance firm would occupy 1,400 square feet of office space in the shopping center, 1319 Military Cutoff Road.
Brown and fellow Cape Fear Commercial broker Howard Coupland represented the landlord, Landfall Ventures LLC, during the long-term lease transaction that closed Monday for an undisclosed amount. Spruill Thompson, senior vice president and broker with Cape Fear Commercial, represented Allstate.
Called the Brown Allstate Agency, the firm will be owned and operated by Will Brown, according to a Thursday news release.
The full-service agency will offer a complete line of products and services, including auto, property, commercial and life insurance, the release stated.
Allstate is the second-largest insurance company in the U.S. that operates multiple agencies throughout the greater Wilmington area.
Brown said the center is seeing increased interest from a number of local and national retail and office users, adding that officials hope to make more announcements in the coming weeks that could lift the center’s occupancy rate beyond 90 percent.
“We’re working with a number of users and hope to make more announcements soon,” he said. “There have been number of inquiries in the center that show serious promise.”
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