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Transactions - JULY 15, 2021

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Aptitude Development sells student housing asset to Syracuse University

by Released

Aptitude Development has sold The Marshall, a student housing asset in Syracuse, N.Y., to Syracuse University. Opened in 2018 on the site of what was previously a dilapidated strip mall, the state-of-the-art building now houses almost 300 students and has retailers including Five Guys and Kung Fu Tea.

Named after the iconic Marshall Street in Syracuse, the building was constructed using the Prescient light gauge steel system, the first of its kind in the Northeast and was finished in record time. Steps from Syracuse University, The Marshall is the second building Aptitude has sold in the Syracuse area; the first building, UPoint, was sold to ACC in 2016.

Brian Rosen, co-founder and principal at Aptitude, said, “We will leave the market in Syracuse knowing we left it in a better place than we found it and that future generations will benefit.”

Marking the end of an era spent in the Syracuse area following the sale of the Marshall, Aptitude Development is alre

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