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Client

Universal Technical Institute

Space

101,967 sq. ft.

Industry

Education

Services Provided

Transaction Management

Cresa Team

Cresa Office

client objectives and results

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Client Objectives

Consider North Jersey markets and analyze building options in each market that fit certain parameters for the opening on a new school location.
Find a location with mixed use capabilities for administration, educational training and garage technician experience.
Negotiate a deal that meets costs and location objectives.
Negotiate a transaction under budget and in time to open the new school in time for the start of the new school year.

Results

Found the ideal location perfectly situated between its competitors, partners and likely students.
Found a mixed-use building that allowed for administrative office space and industrial technical training.
Successfully negotiated a deal that was below budget and in time for the opening of its new school for the start of year.