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Florida & Gulf Coast  + Gulf Coast  + Student Housing  | 

Spectra Student Living Acquires Student Housing Development Site in Pensacola

Coldwell Banker Commercial has brokered the $1.1 million sale of a three-acre development site nearby the University of West Florida in Pensacola.

The buyer, national student living investor and developer Spectra Student Living, plans to build new apartment buildings geared towards students attending the University due to ongoing demand for student housing. The 72,000-square-foot planned community will consist of 66 units made up of one-, two- and four-bedroom units.

Melissa Simpson of Coldwell Banker Commercial represented Spectra Student Living in the transaction. The undisclosed seller was represented by Christopher Green of Coldwell Banker Commercial.

For comments, questions or concerns, please contact David Cohen

Read More News Stories About: Coldwell Banker Commercial
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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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