The building is owned by Indianapolis-based Duke Realty Corp.John Fish and Jim Paladino, of Cushman & Wakefield, representedthe tenant. Duke vice president, leasing Tim Hain represented thelandlord.

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"We chose to locate our Florida facility in the Tampa Bay areabecause several members of our management team have lived andworked there before. We know the quality of the available workforce," says Virginia College Online president Stan Banks, who addsthat the college plans to hire as many as 300 employees for thecenter over the next several years.

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Banks says the new location is part of the college's growthstrategy. "It is a key initiative in the growth of Virginia CollegeOnline as we expand to meet the needs of both our customerbases--our students and their eventual employers," he says.

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The 97,000-sf Highland Oaks V office building, which opened ayear ago, is 93% leased. It is located along Interstate 75 at thefirst exit south of Interstate 4. A Hilton Garden Inn is located onan adjacent site. The other buildings in the Highland Oaks parkinclude the 124,597-sf Highland Oaks I, the 125,318-sf HighlandOaks II, the 99,738-sf Highland Oaks III and the 128,376-sfHighland Oaks IV.

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"Highland Oaks V's access and visibility relative to Interstate75 make it a perfect fit for Virginia College Online," Hainsays.

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