Nobel Learning Communities
Entering a new market
- New Channels developed 15 Chesterbrook Academy day-care centers for Nobel Learning Communities over a 10 year period
- Included the development of a 4.5 acre pre-school and elementary school campus in Naperville
- Created a market strategy with company staff, and executed the plan over the 10 year period
- New Channels remains Nobel’s preferred developer in the Chicago market
- Innovative ownership relationship with Nobel, including tenant and pre-sale of facilities to REIT sponsored by Nobel
- Participated in lease restructuring program led by Jackson Cross Partner from Philadelphia
Location
Throughout the Chicago Metro Area, with a concentration in Naperville to create a cluster of pre-schools supporting an elementary schoolDate of Construction
Starting in 1997 and ongoing with the most recent opening in July 2009Size
Approximately 50,000 sf sites including an approximately 10,000 sf buildingApproximate Value
Client Confidential
