Answer Financial Inc.
Answer Financial Inc. is a leading financial services organization dedicated to helping people become more sophisticated insurance services consumers. Answer provides a comprehensive range of products and services specifically designed to simplify the insurance-buying process and assist consumers in making informed decisions. Answer’s services cover auto; home; life; health; long-term care; pet insurance; annuity products; home warranty; vision plans; online banking; discount prescription plans; and travel protection.
Answer Financial was subleasing approximately 40,000 square feet from Pinkerton Securities at a rate that was 50 percent over the prevailing rental market. With a lease renewal as a backup strategy, Studley (now Savills Studley) secured a single-story project as an alternative, with free parking to accommodate Answer Financial’s heavy parking requirement of 250 cars.
Using the single-story alternative to motivate the existing Landlord, Studley secured a beneficial renewal rental rate, 66 percent free parking, a favorable termination right, and monument signage. These concessions outweighed the appeal of the freestanding building after consideration of relocation costs and business disruption.
15910 Ventura Boulevard,
Meet the Team
Executive Vice President, Branch Manager