CAMBRIDGE, MA – Colliers announced the facilitation of the sale of the Cambridge Matignon School campus to Benjamin Banneker Charter Public School. The 83,136 square foot property in Cambridge, Massachusetts stretches across 7.8 acres of land.
A Colliers team led by Vice Chair James Elcock and Vice President John Real represented the sellers, the Archdiocese of Boston, in the transaction.
The sale of the Cambridge Matignon School campus marks the transition for the long-standing institution, known for its educational excellence and commitment to the local community. Matignon High School was especially renowned for its exceptional hockey program, winning 10 state championships and producing many collegiate and NHL players. Former students Steve Leach and Shawn McEachern played for their hometown Boston Bruins and won a Stanley Cup with the Pittsburgh Penguins in 1992.
Located at 1 Matignon Road in Cambridge, the 7-acre land includes playing fields, science labs, an auditorium, and a gymnasium. The two former buildings, Matignon High School and the Administrative Building, both constructed in 1945, were previously leased and have now been sold.
“We are proud to have worked closely with the community and alumni to ensure a smooth transition with the sale of this important property, honoring both its legacy and ensuring the beautiful campus will be able to provide continued impact for the Cambridge community,” said James Elcock, Vice Chair at Colliers.
Benjamin Banneker Charter Public School, founded in 2012, is a public charter school in Cambridge, Massachusetts, serving students from Kindergarten through 8th grade. The school is committed to fostering a culture of high-order thinking and promoting excellence among both staff and students, while maintaining a diverse and inclusive learning environment.
“We are so excited for our new home at the campus on Matignon Road,” said Sherley E. Bretous, Executive Director of Benjamin Banneker Charter Public School. “The property is a perfect fit as we look to further enhance our mission to support the community and provide access to high quality education for all.”
“Cambridge remains one of the top destinations for educational institutions, due to its rich academic heritage and vibrant community,” said John Real, Vice President at Colliers. “This property, with its prime location and valuable amenities, was perfectly suited to remain as a school as its strategic position is in a high-demand area.”
Cambridge, which lies in the heart of the Greater Boston area, is renowned for its academic history, being home to some of the most prestigious institutions in the country, including Harvard University, MIT, and Tufts University.