Buffalo, N.Y. — Colliers International Student Housing Group has closed the sale of a 28-acre site near the State University of New York at Buffalo.
Dorothy Jackman and Travis Prince, co-managing directors of Colliers International’s student housing group, served as the transaction brokers, having been retained by the seller, Menorah Campus Organization.
The property was purchased by a joint venture between Harrison Street Real Estate and University Student Living.
The buyer is planning to build a Class A student housing property on the site with approximately 600 beds. Delivery for the project is scheduled for 2016. The sales price is confidential.