Inland Acquisitions closes JV of student housing QOZ development near Florida State

Inland Real Estate Acquisitions has announced that it negotiated and closed a joint venture for a student housing development in Tallahassee, Fla. Inland Acquisitions, with assistance from The Inland Real Estate Group, LLC, Law Department, completed the transaction on behalf of an Inland affiliate.

The site, located in a qualified opportunity zone (QOZ), will be developed into a purpose-built student housing property, named Hub Tallahassee, near the Florida State University campus pursuant to a joint venture between the Inland affiliate and co-developers Core Spaces and Peerless Development.

Located at the northeast border of FSU campus, the seven-story property will include 367 units and 1,316 beds in studio through six-bedroom floor plans. Hub Tallahassee also will feature a top-of-market amenity package, including a resort-style rooftop pool deck, fitness center and spa, private study rooms and adjacent parking.

Construction of the student housing property ha