Description

Jones Lang LaSalle ("JLL") has been exclusively retained to offer qualified investors the opportunity to acquire 5 Cadbury Road, a 3.03 acre campus in Cambridge, Massachusetts currently operating as The Cambridge Friends School. This rare offering presents multiple value-creation pathways including acquisition of the turn-key educational facility for institutional use, or large scale multifamily development.

The Property occupies a prime residentially zoned site in central Cambridge with direct access to Porter Square, Davis Square, and Harvard University. The site sits within immediate walking distance of Porter Square's Red Line station and benefits from proximity to multiple MBTA bus routes serving Cambridge, Somerville, and Boston's core innovation districts.

Recent regulatory tailwinds have enhanced the site's development potential considerably. As of February 2025, the Cambridge City Council voted to adopt two zoning petitions to allow multifamily housing citywide, with goals including increasing housing production, expanding residential development opportunities, removing requirements that make it more difficult to build multifamily housing, and encouraging diverse housing options. This evolving regulatory framework, combined with Cambridge's persistently constrained housing supply and strong demographic fundamentals, positions the Property as an exceptional opportunity for investors seeking strategic optionality in one of Greater Boston's most desirable markets.

The existing two-story building totals approximately 58,000 square feet and contains classroom spaces, administrative spaces, a library, gymnasium, cafeteria, as well as a central courtyard and athletic field. The Cambridge Friends School has occupied 5 Cadbury Road since its inception in 1961.

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