The college signed with Phoenix-based Opus West Corp. for 12,524 sf inside the 105,000-sf development. "It really worked for us and it's a good credit tenant," Jim Fijan, an executive vice president with CB Richard Ellis Inc.'s Phoenix office, tells GlobeSt.com.
Located at 1001 W. Southern Ave., the four-year-old Mesa Corporate Center sits on eight acres in the Fiesta Mall area near Alma School Road in Mesa. The Axia lease brings the complex up to 90% occupancy. Axia joins anchor Allstate Insurance, Johnson Bank, USA Group and Keller Williams among others in the building. Rent is about $22 per sf.
Fijan says Mesa Corporate Center has about 9,700 sf left of rentable space in the form of four 1,344- to 3,429-sf spec suites. Located just off US Highway 60, the site offers close proximity to several bus routes as well as the Fiesta Mall, retail centers and restaurants. Fijan and Jerry Roberts of CB Richard Ellis represented Opus West and Axia had internal representation negotiating its side of the deal.
Axia College, a subsidiary of Phoenix-based Apollo Group Inc., will offer a bachelor's degree in several concentrations, including business, criminal justice and retail management. The school offers a combination of in-class and on-line courses.
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