Landmark Properties with Stockbridge has acquired The Junction Cottages & Townhomes (The Junction) at 2415 Junction Boys Road in College Station, Texas. The 22-acre community is one of the highest quality cottage and townhome developments serving Texas A&M University, one of the largest universities in the nation. Built in 2016, the complex boasts 186 residences and includes 801 beds, each with a private bath. The transaction was arranged by CBRE.
“A combination of historic high occupancy, attractive assumable in-place financing and a remarkable amenity package makes The Junction an incredibly attractive asset to bring into our portfolio,” said JD Goering, senior vice president of acquisitions at Landmark Properties. “The continued performance speaks to the strong demand for cottage-style living among the Texas A&M population and the rapid leasing velocity demonstrates continued upside. With spacious floor plans and a robust amenity offering at highly compet
