Colliers International Completes 10,000 Square Foot Lease for Canadian Educational Company Launching into the U.S.

securedownload[2]Colliers International in Greater Phoenix recently completed a 10,000 square foot lease at a Costco Plaza in Tempe to a Canadian educational company.

Maple Bear Schools will lease space at 1255 E. Elliot Road from GDA Real Estate LLC of Colorado Springs, Colo., to launch operations for an expansion into the western United States. The location previously served as a daycare facility.

Daniel Ortega and Tivon Moffitt, Vice Presidents, Larry Ortega, Executive Vice President and Peter Bauman, Senior Associate, all of Colliers International, served as the brokers for the tenants.

Daniel and Larry specialize in the sale and leasing of retail properties including power centers, neighborhood centers, stand-alone retail buildings and restaurants. Moffitt and Bauman specialize in institutional-quality investment sales.

Jason Fessinger of Strategic Retail Group served as the landlord’s broker.

Maple Bear Schools selected this site because of the local area demographics, proximity to the freeway and the retail setting, Daniel said.

“Maple Bear is a highly regarded school that operates over 140 campuses throughout the world,” said Moffitt, who earned his Master of Corporate Real Estate (MCR) designation from CoreNet Global. “We are pleased to help Maple Bear establish their first school in the U.S. and we look forward to helping them further expand so that they can provide their quality education curriculum to students in Arizona and beyond.”

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