Landmark Properties and Stockbridge Partner to Acquire The Retreat at Tampa: A Premier Student Housing Community Near USF
Landmark Properties and Stockbridge Join Forces to Acquire The Retreat at Tampa
Tampa, FL – Landmark Properties, a leading real estate firm specializing in high-quality residential communities, has announced a strategic partnership with Stockbridge, a prominent real estate investment management firm, to acquire The Retreat at Tampa, a thriving student housing community located just steps from the University of South Florida (USF).
The Retreat at Tampa, a 107-unit, 416-bed cottage-style community, was originally developed by Landmark Properties in 2017. Situated at 11326 N. 46th Street, the property boasts an enviable location across from the southern edge of the USF campus, making it an ideal residence for students seeking convenience and comfort.
Wes Rogers, President and CEO of Landmark Properties, expressed enthusiasm about the acquisition, stating, “We’re excited to kick-off the relationship with Stockbridge through the acquisition of The Retreat, a property Landmark successfully developed in 2017. Furthermore, we believe the fundamentals of USF, a market where we have great experience developing, acquiring, and owning multiple properties, will support the Retreat’s continued success.”
The Retreat at Tampa offers a variety of spacious floor plans, including two-, three-, and four-bedroom options, each featuring private bathrooms and modern amenities. Residents enjoy fully furnished units equipped with in-unit washers and dryers, hardwood-style flooring, and gourmet kitchens complete with stainless steel appliances and granite countertops. The community also boasts a wealth of amenities, including a resort-style pool, outdoor kitchen and grilling area, sand volleyball court, and a state-of-the-art fitness center.
The property’s prime location on E Fowler Ave places residents within walking distance of USF’s Research and Innovation Park and main academic core. Students can easily access the university’s Bull Runner shuttle, which connects them to various campus locations. Additionally, the vibrant retail, entertainment, and dining options nearby, along with downtown Tampa being less than a 15-minute drive away, enhance the appeal of The Retreat at Tampa.
Landmark Properties, headquartered in Athens, GA, manages over 72,000 beds across more than 115 residential communities nationwide, with a total of $14 billion in assets under management. The firm is actively expanding its portfolio, with 23 student and multifamily projects currently under construction or set to begin soon, valued at over $5 billion.
Stockbridge, founded in 2003, manages approximately $33.9 billion in assets across various real estate property types, with a focus on residential and industrial spaces. With offices in major cities including San Francisco, Atlanta, and Chicago, Stockbridge brings a wealth of experience to this partnership.
As Landmark Properties and Stockbridge embark on this new venture, the acquisition of The Retreat at Tampa marks a significant step in their commitment to providing high-quality housing solutions for students and enhancing the residential landscape near USF.