ATLANTIC UNION COLLEGE...

CONFIDENTIAL OFFERING MEMORANDUM

AT L A N T I C U N I O N C O L L E G E CA M P USLANCASTER ∙ MASSACHUSETTS

EXECUTIVE SUMMARYColliers International is pleased to present the opportunity to acquire the Atlantic Union College Campus located in Lancaster, Massachusetts. The classic New England campus was the home to Atlantic Union College since 1882, the oldest campus in the Seventh-day Adventist worldwide educational system. Comprised of 51 buildings totaling approximately 469,382 square feet across 135 acres, the charming campus offers a unique opportunity replete with first-class dormitory buildings (800-beds), classrooms, administrative offices, lecture halls, cafeteria, a recreation & athletic complex, library building, a performing arts center, and a fine art gallery. This offering includes all furniture, fixtures and equipment of the school and represents an exceptionally unique opportunity to acquire a turn-key school campus that is superbly located and well-maintained in a single transaction.

Rare school campus acquisition opportunity

Prime location offering excellent regional access

Beautiful grounds and stately buildings offer tremendous reuse and/or redevelopment potential

2

3

Several specialized athletic, musical, religious, artistic and recreational centers

800DORMITORY BEDS

135 acres

administrative/classroom/lecture hall buildings

9

4

51 BUILDINGS

Several multi-family

buildings

469,382 square feet

5

2

BOSTON

(1-hr drive)

WORCESTER

(30-min drive)

70

117

290

495

190

LANCASTER

AT L A N T I C U N I O N

CA M P US

Atlantic Union College

Atlantic Union College (AUC) was a Seventh-day Adventist college in South

Lancaster, Massachusetts, founded in 1882. From 1933 to 2018, AUC was a four-

year liberal arts college with a peak enrollment of over 700 students. In February

2018, the college announced that it would permanently close after the spring

2018 semester. Currently, several educational and church programs continue on

the campus including the Thayer Performing Arts Center.

7

SterlingSterling

70

8

Wachusett MountainWachusett Mountain

LeominsterLeominster

I90

9

Bob Cronin617-330-8063

bob.cronin@colliers.com

Christopher Sower617-330-8141

christopher.sower@colliers.com

Bruce Lusa617-330-8043

bruce.lusa@colliers.com

Jonathan Bryant617-330-8081

jonathan.bryant@colliers.com

John Flaherty617-330-8151

john.flaherty@colliers.com

FINANCING

Stephen Horan617-330-8048

stephen.horan@colliers.com

Patrick Boyle617-330-8053

patrick.boyle@colliers.com

Colliers Interantional

160 Federal Street

Boston, MA 02110

www.colliers.com

AT L A N T I C U N I O N C O L L E G E CA M P USLANCASTER ∙ MASSACHUSETTS