Midland signs 'multimillion dollar' lease on west Omaha space, with plans to use site for MBA program: Omaha World-Herald

Thursday, August 25, 2016

Midland University has signed a 10-year lease in west Omaha for its MBA program and other offerings.

Raymond Sass, vice president for strategy, said the university agreed this month to the “multimillion dollar” lease for more than 10,000 square feet on the ground floor of the building at 11213 Davenport St.

Midland will pay more than $1 million to build out that space, he said, which the university expects to occupy next spring.

“We are working with architects now for the design and buildout of the space,” Sass said this week. “Omaha is a critical part of our growth plan.”

Midland President Jody Horner said the move represents no reduction of its main campus in Fremont, Nebraska. Classes at Midland start today.

“We’re just excited to be able to have enough interest in our programs in the Omaha area, especially our graduate programs,” Horner said. “This is the right timing for that.”

Midland had planned to take over the defunct Dana College campus in Blair, but this year decided to focus on its Fremont campus and its Omaha programs.

Dale Scott, executive vice president of the CBRE Mega real estate company, said the Davenport Street space will give Midland good visibility from West Dodge Road. CBRE Mega leases and manages the building and occupies its third floor.

Sass declined to say exactly how much Midland will pay.

He said Midland hasn’t determined which programs, besides the MBA, will go into the new spot. The MBA program in particular has grown, he said, and now has nearly 100 students. The program has used space at Children’s Hospital & Medical Center, he said, but it has outgrown it.

The site probably will serve other adult-focused programs, too, such as graduate programs, certificate courses and non-degree classes. Sass said Midland may continue to hold some programs and courses on-site at businesses to remain responsive to demand.

For example, Midland has used Omaha Public Schools space for its master’s degree program in education, and that may continue, he said.

The university will use operating money and donor support to pay for the project.

Omaha World-Herald, August 25, 2016

Rick Ruggles