Cottonwood Commercial, a leader in western
Virginia's commercial real estate business, announced the successful $5.2 million
transaction from the sale of 36.5 acres near the intersection of Reservoir Street and
Stone Spring Road in Harrisonburg. The buyer of the site was Landmark Properties, a
leader in high-quality student housing. The seller of the property was Bosa II, a
company in Rockingham, VA. Landmark plans to use the location for a highly-amenitized
student living experience, including resort-style pools, game rooms,
extensive fitness facilities, study rooms, computer labs and security services. These
luxury units will target the local student housing market with finishes and locations
unrivaled by traditional student apartments and dormitories.
About Landmark Properties
Based in Athens, Georgia, Landmark Properties is a vertically integrated real estate
company focused on the development, investment, construction and management of
high-quality student housing across the country. With a keen understanding of market
trends, site selection, quality construction and smart investment strategies, Landmark
sets itself apart by focusing on developing the highest quality communities in the best
locations.
About Cottonwood Commercial
Cottonwood Commercial stands alone as the Shenandoah Valley of Virginia's largest
and most comprehensive commercial real estate resource. Cottonwood has grown to
be the market leader because they have remained exclusively focused on client centered
commercial and investment real estate services. The client's success has
always been Cottonwood's top priority, and they continue to build value for customers
by approaching their work with integrity, knowledge and insight.
