



 |
 
Corporate Headquarters
101851 N. Black Canyon Rd. Phoenix, AZ (18,445 SF)
Objectives
Universal Technical Institute (UTI) had outgrown its headquarters and
wanted to consolidate its management personnel into one office building.
The existing lease had not expired, but UTI decided to move the Audi
program into the old office space. The space requirement was between
18,000sf and 20,000sf and needed to be located in northwest Phoenix between
UTI and MMI campuses.
Results
After an in depth market search and the issuance of RFPs to the finalist,
a lease was successfully negotiated at the Southwest Gas building on
the Black Canton Freeway for the entire 6th floor. Due to the large
floor plate, UTI was able to get its entire operation onto one floor.
The Southwest Gas building was well located between UTI’s two
campuses.
Additional Assignments
UTI had contracted with Mercedes Benz to do a Custom Training graduate program
in the northeast. Under the direction of Randy Smith, we were instructed to
conduct its market search in Allentown, PA area. We conducted a very thorough
search of the market. The Roble Road building was located. We negotiated a
good economic package for UTI and a lease was executed. The Roble Road facility
ended up housing not only Mercedes Benz, but also Volkswagen and Audi.
Allentown, PA 22,800 sf
759 Roble Road
Allentown, PA
|
The Phoenix metropolitan industrial market should have another strong year and experience vacancies in the low 6% range.
|