Thursday, July 16, 2009

Grubb & Ellis Represents West Coast University in

NORTH HOLLYWOOD, CA – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, represented Costa Mesa-based West Coast University, a provider of nursing and health care administration educational programs, in the sublease of a 98,000-square-foot office building in North Hollywood for a new location.

Terms of the 10-year lease were not disclosed. The school will occupy the entire building, which once housed a JCPenney store.
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West Coast University is slated to occupy the building, which is located at 12215 Victory Blvd., on Aug. 31. It is an expansion for the school, which has locations in Anaheim and Ontario.
The school was the second private, post-secondary institution in California to offer an associate degree in nursing and in 2008 became the first to offer a bachelor’s degree in nursing.

Sean O’Leary, vice president, and Maury Gentile, executive vice president, both in Grubb & Ellis’ Los Angeles South Bay office and members of Grubb & Ellis’ Tenant Advisory Group, represented West Coast University in the transaction.

Contact: Erin Mays, 312.698.6735, erin.mays@grubb-ellis.com

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