M West Holdings Signs Major Tenant in Tampa

SHERMAN OAKS, Calif., Sept. 20, 2011 /PRNewswire/ -- M West Holdings is pleased to announce that Pivot Education, Inc. has signed a 10-year lease for approximately 13,000 square feet at 3020 Falkenburg Road, a 27,000 square foot office flex-industrial building located in the First Park development, part of the I-75 Submarket in Tampa, FL. "M West is pleased to welcome Pivot Education" said Karl Slovin, President of M West Holdings. "We are confident that they will find the property to be ideally located and perfectly positioned to meet the needs of their new charter school and we look forward to working with them for many years to come."

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Pivot, which is part of the DeVry University family will establish its newest charter school location and occupy 50% the property by the third quarter of 2011.  M West is the real estate asset manager for the building which has worked closely with the administration of Hillsborough County and directed the contractor and the leasing teams from Bishop & Associates, Inc and Steckroth Hospitality Group, Inc. to complete this transaction with remarkable speed and precision.

M West's Asset Manager Andrew Paulson commented, "We are proud to announce this significant transaction that brings together a national education corporation, Pivot, and our outstanding property.  Due to the team's expertise and dedication to excellence, the complicated build out was executed and delivered in a little over one month, allowing Pivot to open for fall classes on time."

M West Holdings, LLC is a fully integrated investment and management firm that owns and manages real estate in New York City, California, Texas and Florida.  Founded in New York City in 1991 by father and son team, Bruce and Karl Slovin, the firm's portfolio includes office, MOB, industrial, multi-family, retail and other properties nationwide. Information regarding M West can be found online at www.mwestholdings.com.

SOURCE M West Holdings, LLC