Balfour Beatty acquires student housing portfolio in Tallahassee
Transactions - JULY 27, 2023

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Balfour Beatty acquires student housing portfolio in Tallahassee

by Released

Balfour Beatty announced that it has acquired a 168-unit/592-bed student housing community in Tallahassee, Fla. The acquisition expands the company’s overall Florida footprint to 12 residential properties. The property will be managed by the company’s internal residential management division, Balfour Beatty Communities.

Oktiv, previously known as The Quarters at Tallahassee, offers off-campus living to students enrolled at Florida State University, Florida A&M University and Tallahassee Community College. Six unique floor plan options feature a variety of modern amenities, including in-unit washer and dryer, updated cabinetry, stainless steel appliances, granite countertops and spacious balconies.

Oktiv is positioned approximately one mile from the campus of Florida State University, and nearby to Tallahassee Community College and Florida A&M University. The location is also within walking distance of the Ocala Corners shopping center, a short drive from t

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