Coming soon: new prime pieces of downtown real estate — 760,000 square feet.

THE former university of the arts the buildings represent a “generational opportunity,” said an official at JLL, the real estate services company. JLL was hired by the university’s bankruptcy trustee to handle the sale.

“The sales process is designed to maximize value for stakeholders in the university’s bankruptcy event,” JLL officials said in a statement. “The portfolio can be purchased in its entirety, as a combination of properties or on an individual basis.”

» LEARN MORE: UArts filed for Chapter 7 bankruptcy to liquidate its assets

The university The abrupt closure in June stunned the city; officials said at the time that an unexpected financial crisis forced the closure. UArts filed for Chapter 7 bankruptcy in September.

The school, which operated for 150 years, had accumulated about $46 million in bond debt and other debts.

In that filing, UArts officials claimed $67 million in total debts and $93 million in assets, mostly real estate. The sale has the potential to reshape Avenue des Arts.

Five of the nine buildings up for sale have a “historic” designation.

The total portfolio includes Arts Bank, Anderson Hall, Hamilton Hall, Furness Hall, Juniper Hall, Gershman Hall, Terra Hall, Arts Alliance and Spruce Hall. They housed offices, classrooms, libraries, residence halls, theaters and other performance spaces, galleries and much more; most sit on South Broad Street, between City Hall and South Street.

» LEARN MORE: UArts owned a string of iconic downtown properties

“Almost all properties offer mixed-use zoning, allowing for a variety of future uses. Many will likely become apartments, but the campus offers a range of opportunities,” Fran Coyne, JLL senior managing director, said in the release.

Jim Galbally, another JLL managing director handling the sale, noted the buildings’ value to Philadelphia.

“The real estate represented in the University of the Arts portfolio offers an investor a generational opportunity to reshape the heart” of the city’s central business district, Galbally said in the release.

A potential buyer for part of the portfolio? Other universities, notably Temple Universitywho had tried to negotiate an acquisition of UArts this summer before the Hamilton Family Charitable Trust, a major donor to the UArts endowment, blocked the transfer of this endowment to Temple. Now the matter is in orphans court.

New Temple President John Fry said the university is potentially interested in purchasing some of the old UArts buildings.

“Should we have a more visible role and site in the city centre? TBD,” Fry told The Inquirer.

JLL will be paid a minimum of 1 percent of the sale price of the properties, according to the Oct. 16 bankruptcy court order authorizing the company’s hiring. The most JLL could earn is 3.5% of the proceeds if the properties bring in a total of more than $100 million.

Staff writers Harold Brubaker and Susan Snyder contributed to this article.