• Fri. May 13th, 2022

MetroWest Commercial Real Estate Brokers $ 2.6 Million Sale of Former Marian High School – Framingham SOURCE

FRAMINGHAM – Metrowest Commercial Real Estate has announced that Cheryl Tully Stoll and Marlene Aron have negotiated the sale of the former Marian High School located at 273 Union Avenue and 5 Thurber Street in Framingham for $ 2.6 million.

Owned by the Archdioceses of Boston, the property served the community as a Catholic high school for more than six decades before closing in 2018 due to declining enrollment.

The buyer, a new non-profit educational company called Invictus Forever, seeks to achieve greater community integration of children and adults with disabilities. Carolyn Langer, MD, president of the company, said: “By preserving and adapting the existing high school building, Invictus will provide a state-of-the-art life skills development center focused on innovative educational programs. , vocational training, life skills and community access; as well as a strong initiative focused on workforce development.

The 3.2 acre building 2 campus has a view of Learned Pond. The 4-storey school building contains approximately 98,000 square feet including an 850-seat auditorium, cafeteria and gymnasium. The 3-story convent building, which was once occupied by the Framingham Heart Study, measures approximately 16,000 square feet.

According to brokers, the property’s initial marketing was for a 99-year ground lease, but market demand was for a purchase.

The sale was handled through a request for proposals (RFP) process and most of the offers were for the conversion of a residential condominium or apartment.

“Although it was not the most expensive offer; the educational use offered by Invictus was a wonderful tribute to the history of the property and the legacy of the thousands of alumni who have launched their future since Marian, ”said Senior Broker, Cheryl Tully Stoll. “I think we were able to find a very appropriate reuse of the beloved high school.”

Aron’s co-listing broker added, “In the end, Cheryl and I were able to guide the seller to achieve the best possible outcome for himself and the community.”

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