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September 2, 2005 - Archdiocese of Boston Announces Reconfiguration Property Closings

(Brighton, MA) September 2, 2005… The Archdiocese of Boston today announced that the following reconfiguration properties have been sold and their real estate closings completed. 

Real Estate Closings:

Property Name

Location

What

Buyer

Intended Use

Broker

Former Sacred Heart

Gloucester

Church, rectory, hall

Richon Company

Housing

Jim O’Neill 
Nordblom
781-238-4817

Former Immaculate Conception

Winchester

Church, rectory, convent, school, hall

Creative Corner

School

Patrick Cavanagh
CBRE/Whittier
617-867-2339

Former Blessed Sacrament

Cambridge

Church, rectory, convent, school

Urban Spaces

Housing

James Elcock
Meredith & Grew
617-330-8032

Former St. Jerome

Arlington

Church, rectory

G.K. Development

Housing

James Elcock
Meredith & Grew
617-330-8032

The Archdiocese entered into these agreements with the assistance of its Real Estate Advisory Committee and upon receiving approval from the College of Consultors and the Archdiocesan Finance Council. 

The Process for Evaluating and Accepting Offers

The offers, solicited over a 90-day period, were evaluated by the Archdiocesan Real Estate office and the Real Estate Advisory Committee. After these consultations, Chancellor David Smith brought forth recommendations to Archbishop Sean for the Archbishop’s consideration.  The Archbishop then presented offers for these properties to the members of the Archdiocesan Finance Council and the College of Consultors for their approval, which he received.

The Archdiocese will continue to solicit and review bids on a number of properties associated with its reconfiguration plan.  A complete list of properties being marketed is available at http://www.rcab.org/Parish_Reconfiguration/realEstate.html

Due to declining numbers of clergy, changing Catholic demographics and financial pressure, the Archdiocese of Boston began the process of parish reconfiguration in January of 2004. Through this process, the Archdiocese has sought to serve the needs of area Catholics by building parish communities with resources to match needs. To date, 62 parishes have closed or merged as part of the reconfiguration process.

 

 

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