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Slew of CT college campuses for sale amid post-pandemic reset for higher-ed industry

Connecticut and Greater Hartford have seen a higher-than-usual number of college campuses hit the market, realty experts said, the result of challenges facing the broader higher-education industry, including dwindling enrollment and the pandemic’s impact, which threw many college budgets into disarray. ....

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Former Briarwood College campus in Southington purchased for $3.5M

The Southington campus of the former Lincoln College of New England, once known as Briarwood College, has been sold.
According to town property records, an entity known as PGX Holdings, which has a listed address in New Haven, paid $3.5 million for the 32-acre property at 2279 Mount Vernon Road in May.
PGX Holdings is controlled by Medel Paris of New Haven and Moises Grunblatt of Woodbridge, state records show.
The seller was Briarwood Real Estate Limited, which had owned the land since 1989.
Records indicate the property houses seven buildings, mostly built between 1967 and 2008 to serve as classroom space. One building, put up in 2004, is listed as an apartment building. ....

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