Cresa represents UTI in the opening of its new North Jersey Technical School

Client
  • Universal Technical Institute
Space
  • 101,967 sq. ft.
Industry
  • Education
Locations
  • New Jersey
  • Phoenix
Services Provided
  • Transaction Management
Cresa Team
  • James Scancarella
  • Jonathan Marks
  • Dennis Gralla
  • Scott Maxwell

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.

Learn how we customize solutions to meet your needs.

Contact us