JLL Arranges Sale of 504-Bed Student Housing Community Adjacent to the University of Kansas

Lawrence, Kan. — JLL Capital Markets has arranged the sale of Naismith Hall, a 504-bed, dormitory-style student housing community located adjacent to the University of Kansas campus in Lawrence. Scott Clifton, Stewart Hayes, Teddy Leatherman and Jim Gates of JLL represented the seller, Bromley Cos., in the disposition of the property to the undisclosed buyer. Naismith Hall sits on 2.84 acres totaling 120,000 square feet, and was originally built in 1965 with its most recent renovations completed in 2013. The community offers shared amenities including a 24-hour fitness center; swimming pool; renovated lounge space with games; a 24-hour computer lab with printing; free on-site tutoring; a community kitchen; on-site laundry; parking; and a dining hall, Naismith Hall Café, offering food service.