Greystar Acquires 1.71-Acre Development Site Near the University of Alabama

Tuscaloosa, Ala. — Greystar has acquired at 1.71-acre development site located two blocks from the University of Alabama campus in Tuscaloosa. The property was sold by a partnership between Capstone Properties and Wright/Hurd Properties for an undisclosed price. Sean Baird, Jonathan Holt, Carter Brehm, Austin Weathington and Will Mathews of Colliers International brokered the transaction. Details on the planned student housing development were not disclosed.