Universal Technical Institute (UTI) announced the completion of a series of transactions resulting in the 100% ownership of its Lisle, Ill. campus through a wholly owned subsidiary, 2611 Corporate West Drive Ventures, LLC (2611 CWD).
This was accomplished by the acquisition of the approximately 72% ownership of 2611 CWD previously held by iStar Net Lease I LLC, a Delaware limited liability company. UTI had held an approximately 28% stake in the 2611 CWD joint venture formed to own and develop the property in 2012. The Company has maintained a presence in Illinois since 1988 and has been in the Lisle
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