DENVER, CO, July 23, 2010 – BrightStar Education Group, a post-secondary career development school based in Denver and providing medical, business, technical, criminal justice, and culinary curricula, will open a new campus location at 6241 Sunrise Boulevard in Citrus Heights, it was announced today.
BrightStar was looking to expand its presence in Northern California, and engaged Senior Vice President Marc Lunde and Vice President Marshall Savage of the UGL Equis Denver office to identify optimal location and represent them in the lease negotiation. BrightStar has been a client of UGL Equis and Mr. Lunde for about a year.
Working with Mark Hefner, a UGL Equis Senior Vice President and Managing Director of the Company’s Sacramento office, the Team pin-pointed a 76,000 square-foot retail property formerly occupied by OfficeMax at 6241 Sunrise Boulevard, located north of Sacramento in Citrus Heights as optimal and one that would meet all client requirements including prominent signage and a parking ratio of eight vehicles per 1,000 square-feet.
John Hammett, a Senior Vice President in the UGL Equis Project Management group in Denver provided the client with the necessary tenant build-out, and oversight of the installation of kitchens for the culinary school. A lease agreement for 50,806 square-feet of building space for BrightStar was reached with the landlord representative, Executive Vice President Greg Burress of CB Richard Ellis. A two-phase move-in is planned for this location: BrightStar took partial occupancy on July 1st, opening a satellite location of its current campus at 333 Sunrise Drive in Roseville, CA, with Phase 2 scheduled for December 31st, when the current Roseville location undergoes a change of location and moves to Citrus Heights.
Final terms of the lease agreement were not divulged.
About UGL Equis CorporationUGL Equis is a corporate real estate firm that focuses exclusively on the business space user. The company has more than 42,000 affiliated employees in 14 countries around the world through its parent company UGL Limited. Chicago-based UGL Equis provides comprehensive real estate solutions through portfolio strategy and management, transaction advisory, corporate finance, project services, workplace integration, data management, facility management, development management and audit and recovery services for national and global companies with office, industrial and retail opportunities throughout the United States, Mexico, Asia Pacific, Europe and the Middle East. UGL Equis and its sister company UGL Unicco, are subsidiaries of UGL Limited (ASX: UGL). For additional information, please visit www.ugl-equis.com.
For further information, please contact:Marc Lunde – UGL Equis: 303.994.6939 or Marc.Lunde@ugl-equis.comJohn Hammett – UGL Equis: 303.994.6938 or John.Hammett@ugl-equis.comRichard Lindberg – UGL Equis: 312.424.8172 or Richard.lindberg@ugl-equis.com
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