Cottonwood Commercial, based in Harrisonburg, said Thursday that it had brokered a land sale for a developer who plans to build a new student apartment project in the city.
Landmark Properties, a real estate company based in Athens, Ga., bought 36.5 acres near the intersection of Reservoir Street and Stone Spring Road for $5.2 million. The seller was Bosa II, a company based in Rockingham.
According to Cottonwood Commercial, Landmark plans to use the location for a 178-unit “luxury” student housing community that would be called The Retreat at Harrisonburg.
