NEW University Student Housing Development Expected by Summer 2017

Southeastern Development Associates sells 4.5 acre parcel in Knoxville, TN to University Housing Group for a 438 bed Student Housing development.  Rhodes Seeger, Chris Senn and Tommy Saul of Southeastern represented the Buyer and Seller in this $3.5 million transaction.  Construction is underway with delivery expected by July of 2017.  The site is located adjacent to One Riverwalk which is currently under construction by Southeastern.  The development includes over 300 Class A multi-family units, Regal Cinemas corporate headquarters, a 1,600 foot Riverwalk and Event Center.  Retail/Office space is available for lease starting Summer of 2017.

Studenthousing

Knoxville