The Newbury of Brookline Update 09/17/19

Welltower Purchases Newbury College Campus for $34 Million

Welltower has acquired the property at 129 Fisher Ave in Brookline for $34 million.

In 1982, the Newbury College acquired the former Cardinal Cushing College and began relocating the school to the current 7.8-acre campus in Brookline, Massachusetts. As the college began physically expanding and acquiring buildings in the surrounding area, the satellite campuses began to consolidate into one centralized college campus.

In December of 2018, the financially strapped school said it would close after the spring semester, leading to speculation that the campus in the Fisher Hill neighborhood — including its administrative buildings, classroom space, and dormitories — would soon be put up for sale. In February of 2019 the property was listed for sale by Colliers International.

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