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Boston & New England  + Metro Boston  + Student Housing  | 
1627 Massachusetts Ave., in Cambridge, MA

CushWake Retained to Sell Lesley University Portfolio of Historic Buildings

Cushman & Wakefield’s Multi-Family Advisory Group has been retained to market a Lesley University-owned portfolio of 10 historic buildings located between Harvard Square and Porter Square in Cambridge, MA.

Totaling nearly 85,000 square feet, the properties are located at 7, 9, 11, 13 and 17-21 Mellen Street; 6 Sacramento Street; 1627 Massachusetts Avenue; and 815 Somerville Avenue.

Lesley University plans to make major investments in its three Cambridge campuses to transform its learning environment and public spaces. As part of its plan, Lesley announced its intention to sell buildings which were no longer suited to its programmatic needs.

“Institutionally owned and maintained, this portfolio presents immense value-add potential through the lease-up of vacant commercial space, the potential redevelopment to multi-family residential and condominium conversions and the potential for new ground-up residential construction, among other options and strategies,” said Cushman & Wakefield’s Chris Sower.

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Cushman & Wakefield’s Sower

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as he makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition