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Attention Non-Profits: Space for lease in Historic Lowell, MA District

by | Jan 17, 2024

This large educational and commercial property in Lowell, MA presents a unique opportunity for non-profit organizations in the heart of the Middle Street historic district. The location is convenient and includes a rich history of innovation, the original location of what is today the University of Massachusetts Lowell.

The building houses and is owned by Lowell Middlesex Academy Charter School.  Property tenants include the Parker Foundation and Merrimack Valley Housing Partnership. Historically named the Pollard Exchange Building, it is in the heart of downtown Lowell’s arts and cultural district.  

55 Middle St., Lowell, MA space for lease

Building Amenities:

  • Over 25,000 square feet of space for lease
  • Various sized office spaces
  • Classroom and lounge space available
  • Opportunity to customize office space
  • Complimentary use of common amenities

Location, Location, Location: 

The Merrimack-Middle Streets Historic District is the heart of Lowell’s central business district. Buildings in the district date primarily from the 1830s to the early 1900s and include examples of many architectural styles. Listed on the National Register of Historic Places in 1979 and expanded in 1988, the district includes some 67 structures.

A Brief History:

The name of the building, “Pollard Exchange” is traced back to A.G. Pollard Co. At that time, Hocum Hosford founded a dry goods store on Merrimack Street. Arthur Pollard, who moved to Lowell when he was 11 years old with his family, secured a job working for Hosford at age 18. Hosford was a prominent dry goods merchant and sometime mayor of Lowell. After just three years, Pollard became a business partner with Hosford and the two worked together for two decades until Hosford’s death.

In 1886, Pollard bought out his interest from the Hosford estate and became its sole owner. Arthur Pollard renamed the business, A. G. Pollard & Co., launching the department store that became one of the largest stores in Massachusetts, rivaled only by stores in downtown Boston. Pollard became so well-known in Lowell circles that hundreds gathered on Lowell’s Merrimack Street to watch him be the first man in Lowell to drive an electric car.  In retail, Pollard was credited with the invention of the bargain basement.

After 133 years, 88 years of ownership by a Pollard family member, the department store closed.

In 2010, the Lowell Middlesex Academy Charter School purchased the building.

To view the full property listing and other available property listings, click here.

For leasing information, call Vladimir Saldaña at 978-328-4129 or email him at vladimirs@belltowercregroup.com.

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