Another Washington Street site up for sale in midst of Ann Arbors ... - The Ann Arbor News - MLive.com

Another Washington Street site up for sale in midst of Ann Arbor's ... The Ann Arbor News - MLive.com, MI - 1 hour ago A small site at the epicenter of student housing development in downtown Ann Arbor is on the market for $4.875 million. The 14327-square-foot site - about a ...

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Michigan student housing portfolio on the block for $7.5M - CREFeed

Michigan student housing portfolio on the block for $7.5M CREFeed, IL - 14 minutes ago by Michael Wayne Kalamazoo Properties is selling a portfolio of three student housing communities near Western Michigan University with an asking price of ...

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Marcus & Millichap lists Michigan student housing portfolio - CREFeed

Marcus & Millichap lists Michigan student housing portfolio CREFeed, IL - 5 hours ago by Michael Wayne Marcus & Millichap has been hired to market and sell the Western Michigan University Student Housing Portfolio in Kalamazoo, Mich., ...

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Prime Student Housing Development Site Available Near Arizona State University

CB Richard Ellis Chosen to Market 3.56-Acre Parcel

CB Richard Ellis (CBRE) has been retained as the exclusive adviser for the sale of a vacant, 3.56-acre parcel located between Terrace Road and Lemon Street in Tempe, Ariz.

Bert Kempfert of CBRE’s Phoenix office has been retained to market and sell the site, which is zoned for high-density residential development.

“The Lemon/Terrace site is a trophy asset,” said Kempfert.  “This site has tremendous development potential to become a first class multi-housing, student housing or mixed-use project, and a landmark within the city of Tempe.”

Located east of Rural Road, the site is adjacent to Arizona State University, the second-largest university campus in terms of student enrollment in the United States, with a student body of more than 51,000 and nearly 12,500 more students at its other satellite campuses. Current estimates anticipate enrollment to grow to more than 90,000 students by 2022.

The site is also positioned along the Valley Metro light rail system, which connects the East Valley and Downtown Phoenix.  Construction on the new transportation system began in late 2004 and will be operational later this summer, in 2008.

For more information on this student housing development opportunity, visit:
www.cbre.com/lemonterracesite.