Minneapolis — TSB Realty has arranged the sale of Radius @ 15th, a 772-bed student housing community located near the University of Minnesota in Minneapolis.
The property is master-leased to the University, and offers fully furnished units. Shared amenities include a clubhouse, fitness center, community center, study rooms on every floor, a hot tub, fire pits, barbecue grills and tanning. A joint venture between Timberline Real Estate Ventures and Heitman LLC acquired the asset on behalf of a Heitman affiliate from University Student Living and North Bay Companies. Pinnacle Campus Living has been tapped to manage the property.