College to sell Flatley land gift



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Saint Anselm College has retained the services of real estate broker Cushman & Wakefield to put a choice 38-acre parcel of land in Bedford on the market. The land, at the corner of Routes 114 and 101, was donated to the college three years ago by The Flatley Co. of Braintree, Mass., and its president and CEO, Thomas Flatley. After completing an extensive campus assessment and strategic planning process, the college has determined the land, which is located two miles from the Goffstown college, does not meet Saint Anselm's long-term needs, said Fr. Jonathan DeFelice, president of the school. "When he made this unprecedented gift possible, Thomas Flatley intended that the college would maximize the value of this land," said DeFelice. "We have decided that through a sale this most generous gift can best help Saint Anselm College meet its goal of providing the best Catholic liberal arts education possible for its students." He said proceeds from the sale will help support scholarships for students through endowment funding, an ongoing priority, as the college strives to remain affordable to a broad spectrum of talented students. DeFelice also said that the college is "keenly aware" of concerns among some Bedford residents about development of this land, and said that each proposal will be carefully evaluated. "The college and the town have enjoyed a good relationship for 116 years," he said. "We hope that a proposal that is in the best interest of Saint Anselm College will also be found to be in the best interest of the community." - NHBR STAFF

 

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