University of Phoenix Signs $8.57M Lease Renewal
10 Mar, 2010, San Diego
The San Diego office of Cushman & Wakefield announces that The University of Phoenix, the largest private university in North America, has signed an $8,570,583 lease renewal for 49,143 square feet of office space in Olympia Plaza at 3870 Murphy Canyon Rd., San Diego (92123). Terms of the lease were not disclosed.
In the transaction, the lessor, Olympia Plaza, LLC, was represented by Mort McCarthy of Packard Realty, Inc., as well as Deborah Hunkeler, CCIM; and Jay Arnett, SIOR, both of Cushman & Wakefield, San Diego. The lessee was represented by Travis Boyd, Alex Hayden and Rick Sherburne of Cushman & Wakefield, Irvine.
The University of Phoenix, which provides its students with flexible schedules, challenging courses and interactive learning options, has operated its San Diego campus at Olympia Plaza since 1989.
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