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The Preiss Company Acquires 828-Bed University Trails College Station
North Carolina-based The Preiss Company (TPCO), a privately-held, student housing owner-operators, announced the acquisition of the 828-bed University Trails College Station student housing community. Located within walking distance of Texas A&M University, it is centralized in one of two central student housing hubs in College Station.
“While this acquisition marks our first entry into College Station, it also is our 17th transaction in Texas,” said Susan Folckemer, chief acquisition and development officer, TPCO. “The property services the largest university in the nation with 73,284 students. With a committed Aggies football fan base, University Trails College Station benefits from its close proximity to Kyle Field. Following a planned upgrade, the property will take its rightful place as a leading choice of off-campus housing for Texas A&M students.”
Located at 1101 Luther Street West, the off-campus apartments offer 1-, 2- and 3- and 4-bedroom layouts, TPCO will be renovating interior units, upgrade the property and completely redo the clubhouse.
- ◦Sale/Acquisition
