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McGrath Real Estate Partners announces Land Acquisition for future Class A student housing development servicing Texas Tech University

April 19, 2022

LUBBOCK, TX – April 18, 2022 – McGrath Real EstatePartners, a Houston-based leader in student and multifamily development, hasannounced the acquisition of 15.08 acres in Lubbock, Texas. The well-knownHouston based developer plans to develop a Class A student housing development.

The development will be located on the newly expanded AuburnStreet between Slide Road and Winston Avenue in Lubbock, TX.  Located on the Citibus purple route, the siteis less than 7-minutes away from Texas Tech University.

The 734-bed student housing development will feature eightunique floor plans including both flats and townhome units configured in one-,two-, three-, four- and five-bedroom units. Units will range in size from 559SF to 1,980 SF and will feature the best modern finishes such as granitecounter tops, stainless steel appliances and full-size washer and dryers.

Community amenities will include a resort style pool,poolside cabanas, as well as outdoor recreation such as table tennis, sandvolleyball court, dog park, horseshoe pit, corn hole and outdoor deck withoversized TV’s and grilling terraces.