Boston, MA, February 21, 2019 – Colliers International Boston has recently brought to market a unique 7.8-acre redevelopment opportunity in Brookline, Massachusetts, widely recognized as one of the most highly desirable markets surrounding the City of Boston. The site, branded The Common at Fisher Hill, has been home to Newbury College for almost half a century and comprises over 142,000 SF of existing structures across the seven-parcel, nearly 7.8-acre campus. Located along Fisher Avenue, Holland Road and Hyslop Road, The Common at Fisher Hill is currently improved with a combination of academic and office buildings, residence halls with 183 beds, and other student-oriented campus amenities.
Colliers International’s multi-disciplinary team of Senior Vice President Christopher Sower and the Multi-Family Advisory Group, Vice Chair James Elcock, Co-Chair Tom Hynes and Senior Vice President Bob Cronin will lead a competitive sales process to identify qualified buyers interested in pursuing the multitude of redevelopment options ranging from continued and enhanced educational use to ultra-high-end residential development.
“We look forward to working with the college in finding an aligned buyer who will honor the school’s legacy and preserve the integrity of the existing neighborhood,” noted Sower. “A site of this scale in Brookline is very rare,” added Elcock. “It has built-in allure and really offers the full package – urban accessibility with a neighborhood feel; a top-of-the-line, plentiful amenity base; excellent demographics; and more.”
To learn more about the offering please visit http://thecommon.colliers.com/.
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $25 billion of assets under management from the world’s most respected institutional real estate investors.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.
Colliers is led by an experienced leadership team with significant equity ownership and a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.
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