Savills Studley, Boston’s leading commercial real estate services firm specializing in tenant representation, has arranged the relocation of two nonprofit organization Schools for Children Inc. in the greater Boston area.
The Savills Studley team negotiated a 55,000-square-foot lease for Dearborn Academy, a special education therapeutic day school, at 575 Washington Street in Newton, Mass. With this new lease, Dearborn will move into the space formerly occupied by the CATS Academy in the fall of 2016. This move will allow the Lesley Ellis School, an independent school serving children in preschool through 8th grade to move from the former Gibbs Building at 41 Foster Street to 34 Winter Street in Arlington, a building owned by Schools for Children.
Savills Studley’s Managing Director Steve Woodworth represented Schools for Children in the long-term transactions, and negotiated with the landlord, the Roman Catholic Archdiocese of Boston,
“Planning for the move of two schools a virtually the same time was a large undertaking for Schools for Children. We were able to secure a site for their specific needs, and create a pathway to occupancy that worked perfectly for both educational organizations,” Woodworth said. “575 Washington Street is a one-of-kind school building that provides everything: modern classroom space, ample administrative offices, a high quality cafeteria, auditorium, gymnasium and recreational spaces, while students and faculty at the Lesley Ellis School will benefit from Dearborn’s former space in Arlington. It’s truly a win-win.”
Established in Massachusetts in 1981, Schools for Children Inc. was incorporated as a not-for-profit organization when Lesley College divested itself of the lab schools operated by its education department. Today, the organization enrolls more than 350 students in various schools and programs.