Cambridge College was represented by Lincoln Property Company.
BOSTON (June 29, 2016) — Cambridge College and Lincoln Property Company announced this week that the college has signed an 8,300 SF lease at 280 Merrimack Street in Lawrence. The building is owned by Lupoli Companies’ Riverwalk Properties.
During lease negotiations, Cambridge College was represented by Jeffrey Moore and Ken Oppenheim of Lincoln Property Company. Lupoli Companies was represented by Gerry-Lynn Darcy, Vice President of Real Estate at Lupoli Companies.
“We are thrilled to be of assistance to Cambridge College as they open their new facility this September at Riverwalk Properties. After an extensive search, Riverwalk was the clear best option due its prime location, amenities, and local transportation for the students and staff of Cambridge College. It was a pleasure working Gerry-Lynn Darcy and the rest of the team at Lupoli Companies” states Ken Oppenheim, Assistant Vice President at Lincoln Property Company.
Riverwalk Properties is a prominent asset of Lupoli Companies, the owner and developer of several mixed-use properties that encompass more than 3.6 million square feet of commercial space.
“We are honored that Cambridge College has selected Riverwalk Properties as the location for their expansion north of Boston. As a leader and pioneer in adult learning, Cambridge College has shown an unparalleled commitment to the area’s diverse culture and we are thrilled to help facilitate their growth and development. Our Riverwalk Campus is home to more than 200 successful and innovative businesses and we expect that Cambridge College will capitalize on a natural synergy that exists when educational advancement and career growth are cornerstones of a harmonious mixed-use environment”, said Sal Lupoli, CEO and President of Lupoli Companies.
Cambridge College offers flexible undergraduate and graduate degree programs across six locations nationwide in Cambridge, Springfield, and Lawrence, MA, San Juan, Puerto Rico, and Inland Empire, CA. In addition to the new Lawrence location, Cambridge College has signed a lease to consolidate their Cambridge locations to one space at Hood Park in Charlestown, MA. Lincoln Property Company also facilitated this transaction.
About Cambridge College:
Cambridge College is dedicated to providing academically excellent, time-efficient, and cost-effective higher education for a diverse population of adult learners for whom these opportunities may have been limited or denied. Founded in 1971, Cambridge College is a private non-profit institution of higher education accredited by the New England Association of Schools and Colleges (NEAC) and all programs are authorized by the Massachusetts Board of Higher Education. Recognized as a pioneer in providing quality affordable higher education to adult learners, Cambridge College offers flexible undergraduate and graduate degree programs across six locations nationwide in Cambridge, Springfield and Lawrence, MA, San Juan, Puerto Rico; and Inland Empire, CA. It’s highly diverse student population consist of 68% females and 32% men with 63% of this population pursuing a degree part time on evenings and weekends. For more information about Cambridge College, visit https://www.cambridgecollege.edu/