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IN BRIEF / REAL ESTATE

DeVry Sells West Hills Property for $36 Million

September 13, 2006|From Times Staff and Wire Reports

DeVry Inc. unit DeVry University, a for-profit educational institution, sold a building in West Hills for $36 million.

Before taxes and after paying to lease back the building at 22801 Roscoe Blvd., DeVry made $19 million on the Sept. 7 sale, the company said. The company plans to leave West Hills and move to a new site in the Sherman Oaks Galleria. The Oakbrook Terrace, Ill.-based company will continue to operate schools in Colton, Irvine, Long Beach, Pomona and San Diego.

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