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Real estate title agent to add 200

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By Thomas Olson
Tuesday, Feb. 7, 2012
 

The parent of United Lender Services, a national real estate title and settlement agent in Findlay, has acquired two large office buildings along the Parkway West, where ULS will relocate and triple its employment to more than 250.

"We should add at least 100 jobs this year, and more next year," said ULS President William McNamara said Monday.

"Over the next 24 months, we'll hire in excess of 200 people," said McNamara, whose company employs 65 in Findlay. The new jobs will be in sales, appraisal processing, title clearing human resources loan closing and other areas, he said.

Parent company USAA Real Estate Co. paid $18.2 million to acquire Park Place Corporate Center One and Two, according to ULS and Allegheny County real estate records.

USAA Real Estate's parrent, USAA, provides insurance, banking, investment and retirement products and services to 8.2 million members of the U.S. military and their families.

ULS, which was acquired by USAA Real Estate last June, plans to move into Park Place One around June, McNamara said. The additional jobs and at the locally based business are driven primarily by growth USAA's military membership, whose real estate settlement services are provided by ULS, he said.

ULS plans will occupy about 48,000 square feet of Park Place One's 96,000 square feet of leasable space, said Jeremy Kronman, executive vice president of CBRE, Downtown, the commercial broker representing the property.

Park Place Two, which is empty, has 107,000 square feet of leasable space.

McNamara said it's possible, but too early to tell, that ULS might later grow into Park Place Two.

 

 
 


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