by the town and leased to other educational institutions over time.
=== Nichols College ===
In 1931, James L. Conrad founded Nichols Junior College of Business Administration and Executive Training on the former campus of Nichols Academy. The purpose of the school was to be a men-only, junior college for business education. In 1938, the Commonwealth of Massachusetts authorized Nichols Junior College to award an Associate Degree in Business Administration. Over time, the college purchased, constructed, and remodeled over forty-four buildings that would shape most of the current campus.
In 1958, the school became known as Nichols College, a four-year college with the authority to grant a Bachelor of Business Administration degree. In 1965, Nichols became accredited by the New England Association of Schools and Colleges, and became a member of the National Collegiate Athletic Association (NCAA) in the following year. In 1971, the school became co-educational, and the state authorized the college to award the …