Wells College has officially invited offers for the purchase of its 127-acre Aurora campus, marking the next phase in its sale process. The college’s real estate broker, CBRE, has set a deadline of 5 p.m. on March 13 for submissions.
The sale follows Wells College’s closure after the 2023-24 academic year due to financial struggles. CBRE reports strong interest, with over 60 parties signing confidentiality agreements to access property details. Developers are among the key potential buyers.
The sale must receive approval from the state attorney general’s office. More details on the property are available at wellscollegecampus.com.
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