Cambridge College Latest To Ink Deal At Riverwalk; Sign 8,300 sf Lease for New Lawrence LocationJuly 05, 2016
Cambridge College announced 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.
The Real Reporter reported the purchase of buildings C and D of the former Wood Mills buildings back in March. Lupoli controls an entire stretch of the mighty Merrimack waterfront running from his bustling complex up to the Patricia McGovern Transportation Center which has been rapidly leasing up its buildings, while undergoing major modernizations to the mill structures.
READ MORE ON LUPOLI AND RIVERWALK DEVELOPMENT HERE