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Tech Institute Leases 36,692 SF

PHOENIX-High-Tech Institute of Phoenix crafts a 45-month lease, with an $825,000 price tag, for office/warehouse space right next door to its school. The school's staff will move in Aug. 1.

By Lee Simmons | Updated on July 01, 2004

PHOENIX-A technical and allied health training school will relocate the administrative office into 36,692 sf in North Phoenix, picking up a location right next door to its school. The 45-month lease bears an $825,000 payout for office/warehouse space.

High-Tech Institute of Phoenix will move into 2222 W. Peoria Ave. by Aug. 1. “This was an expansion for their administrative offices and warehousing,” Matt Hobaica, a principal with Lee & Associates Arizona in Phoenix, tells GlobeSt.com. The deal hangs a “no vacancy” sign on the 60,000-sf flex building.

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