UNIV. OF PHOENIX SIGNS $7.6 MILLION LEASE EXTENSION AT HILEMAN PROPERTY

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ONTARIO, CALIF. — The University of Phoenix has signed a 5.5-year, approximately $7.6 million lease extension for its 50,000-square-foot Ontario Learning Center located at 3110 E. Guasti Road within University Plaza at Waterside Center in Ontario. Signed through 2017, the Ontario Learning Center was one of the original tenants in the five-story building, which was built in 2004 and acquired in 2007 by The Hileman Company in a joint venture with Pacific Coast Capital Partners. Part of a 16-acre, master-planned office campus situated adjacent to Interstate 10 and near the Ontario International Airport, University Plaza is now 75 percent leased.

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