Item 2. Properties
ITEM 2. PROPERTIES
The following sets forth certain information relating to our campuses and corporate headquarters as of September 30, 2023. Many of the leases are renewable for additional terms at our option. Our facilities are utilized consistent with management’s expectations, and we believe such facilities are suitable and adequate for currently identifiable requirements and that additional space, if needed, can be obtained on commercially reasonable terms to meet any future requirements.
Location Brand Approximate Square Footage Leased or Owned Lease Expiration Date
Campus locations:
Arizona (Avondale) UTI/MMI 283,000 Owned N/A
California (Garden Grove) Concorde 45,000 Leased March 2032
California (Long Beach) UTI 137,000 Leased August 2030
California (North Hollywood) Concorde 35,000 Leased May 2027
California (Rancho Cucamonga) UTI 148,000 Leased September 2031
California (Sacramento) UTI 117,000 Leased February 2033
California (San Bernardino) Concorde 48,000 Leased March 2028
California (San Diego) Concorde 34,000 Leased January 2027
Colorado (Aurora) Concorde 55,000 Leased December 2025
Florida (Jacksonville) Concorde 46,000 Leased December 2027
Florida (Miramar) UTI 103,000 Leased March 2032
Florida (Miramar) Concorde 33,000 Leased April 2028
Florida (Orlando) (1)
UTI/MMI 154,000 Owned N/A
Florida (Orlando) (1)
UTI/MMI 34,000 Leased March 2031
Florida (Orlando) Concorde 41,000 Leased April 2030
Florida (Tampa) Concorde 30,000 Leased January 2027
Illinois (Lisle) UTI 187,000 Owned N/A
Michigan (Canton) MIAT 125,000 Leased April 2036
Mississippi (Southaven) Concorde 23,000 Leased March 2027
Missouri (Kansas City) Concorde 40,000 Leased June 2032
Missouri (St. Joseph) Concorde 50,000 Leased June 2036
New Jersey (Bloomfield) UTI 102,000 Leased December 2030
North Carolina (Mooresville) NASCAR Tech 146,000 Leased October 2030
Oregon (Portland) Concorde 33,000 Leased July 2034
Pennsylvania (Exton) UTI 129,000 Leased October 2029
Tennessee (Memphis) Concorde 72,000 Leased August 2031
Texas (Austin) UTI 107,000 Leased October 2032
Texas (Dallas) Concorde 47,000 Leased March 2031
Texas (Dallas/Ft. Worth) UTI 95,000 Owned N/A
Texas (Houston) UTI 172,000 Owned N/A
Texas (Houston) MIAT 54,000 Leased June 2029
Texas (Grand Prairie) Concorde 50,000 Leased January 2029
Texas (San Antonio) Concorde 48,000 Leased February 2025
Other locations:
Arizona (Phoenix) UTI and Corporate 21,000 Leased February 2027
Missouri (Kansas City) (2)
Concorde 23,000 Leased May 2027
Missouri (Overland Park) (2)
Concorde 8,000 Leased November 2030
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(1) In March 2023, we purchased the three primary buildings and the associated land at our UTI Orlando, Florida campus, which was previously leased, for approximately $26.2 million, including closing costs and other fees. There is one remaining building that is still leased through March 2031.
(2) In June 2023, we executed a lease for a new, smaller corporate headquarters for our Concorde segment in Overland Park, Missouri. In July, we vacated our previous office location in Kansas City, Missouri.