ONTARIO, CA-The University of Phoenix and the Defense Contract Management Agency have signed leases for 61,500 square feet and valued at $10 million at the Hileman Co'.s Waterside Center office complex. The two are tenants at the 100,000-square-foot University Plaza, one of three class A office buildings that make up the Waterside Center.
The University of Phoenix signed a five and-a-half year lease extension that will keep the Ontario Learning Center, which occupies 50,000 square feet at 3110 E. Guasti Rd., in the building through 2017. The Ontario Learning Center was one of the original tenants of the five-story building, which was built in 2004. The lease extension is valued at approximately $7.6 million.
The Defense Contract Management Agency signed a 10-year lease for 11,500 square feet to house the Ontario office of its Aeronautical Systems Division in a deal valued at approximately $2.6 million. The DCMA is the Department of Defense component that works directly with Defense suppliers to help ensure that the DoD, federal and allied government supplies and services are delivered on time and at project cost.
University Plaza, which is now 75% leased, is part of a 16-acre master-planned office campus acquired in 2007 by the Hileman Co. in joint venture with Pacific Coast Capital Partners. The office campus is adjacent to Interstate 10 near the Ontario International Airport on Guasti Road and Haven Avenue in Ontario's Centrelake Development.
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