The University has sold the Fenton Building and Annex to the Atlas Investment Group, Inc.

"The sale is part of our effort to provide Suffolk students with the best instructional space possible," wrote President James McCarthy in a campus announcement. "With the 20 Somerset academic building coming to fruition, College of Arts & Sciences and Sawyer Business School classrooms will be concentrated away from the residential area of Beacon Hill, and an exciting new academic cluster will emerge around Somerset Street, Ashburton Place, and the corner of Beacon and Tremont Streets."

The sale took place as construction on the 20 Somerset Academic Building reached the halfway point in mid-July, with concrete being poured for a fifth floor, three stories above street level. The building is set to open for the fall 2015 semester, and the Fenton Building will no longer be needed.

The Fenton Building, which was vacated in early July, held faculty offices and classrooms. The English and Mathematics & Computer Science departments are being housed temporarily on the 10th floor of the Stahl Center at 73 Tremont St. and will move permanently to the eighth floor in August. Other faculty members who were in Fenton have rejoined their departments, and classes have been relocated elsewhere on campus, according to Gordon King, senior director of facilities planning and management.

The Fenton Building opened in 1975 at 28 and 32 Derne Street, the onetime site of the Wright and Potter printing plant, where University founder Gleason Archer's law textbooks had been printed.

The building was named for alumnus John E. Fenton, the University's fifth president, a board chair, and professor. The University is exploring new opportunities to honor President Fenton's contributions in an appropriate way.