CBRE leases turn-key educational facility to Southeastern Institute
January 24, 2017
CBRE arranged a 26,960 sq. ft. lease at Browning Business Center, located at 1628 Browning Road in the St. Andrews submarket, to Southeastern Institute, a for-profit educational institution. Previously located in 10,800 sq. ft. at Colonial Life Plaza, Southeastern Institute is more than doubling its footprint and began holding classes at the new location in January.
The school provides a clinically based curriculum in the Professional Clinical Massage Therapy training program. The Browning Business Center, an ideal location easily accessible to both I-26 and I-20, offers ample parking for the student body and high-profile building signage. The new facility also enables Southeastern Institute to expand its curriculum into other areas within the medical fields.
The space became available when ITT Tech left the market, leaving behind a turn-key education facility ready for a like-tenant. Features include a newly renovated lobby, elevator and restrooms, multiple large classrooms and labs, student lounge, bookstore, collaboration spaces, and administration offices.
“Southeastern Institute’s expansion is occurring in the face of a retraction in the higher education sector. This trend will impact many office markets in the region,” said Brian Reed, CBRE Research Manager.
Aaron Dupree and Martin Moore represented the landlord in the Southeastern Institute lease transaction. If interested in available space at the Browning Business Center, please contact CBRE at +1 803 744 6859.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
