Future of closed Connecticut college campus still uncertain

Hartford

SOUTHINGTON, Conn. (AP) — The future of a Connecticut college campus that closed late last year remains uncertain after a recent auction.

The Record-Journal of Meriden reports that former Lincoln College campus in Southington is on the market for just under $4 million.

The owners of the campus held an auction in mid-August but bidders failed to reach the minimum starting price of $5 million.

Fontana Fitzwilson, of auction house Williams & Williams, says they are still taking offers.

Edward Robertson, a real estate agent with Coldwell Banker, says he has a signed letter of intent on the 33-acre property.

The town’s economic development coordinator Lou Perillo said he hopes the property remains a for-profit college or becomes a corporate training center.

Lincoln closed at the end of 2018, citing enrollment and financial difficulties.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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