Preiss acquires The Row in a 504-bed stadium in a joint venture with Nuveen Real Estate

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Student housing estate formerly known as Reign Living at the Stadium

Located near the University of South Carolina

COLOMBIA, South Carolina, June 22, 2021– (BUSINESS WIRING) – Officials from The Preiss Company (TPCO), one of the largest private student housing owners in the country, have announced the acquisition of a 504-bed student housing estate in a joint venture with Nuveen Real Estate. “Reign Living at the Stadium” renamed “The Row at the Stadium”. The complex is located at 1105 Shop Road in Columbia, South Carolina, within walking distance of the University of South Carolina campus and Williams Bryce Stadium.

“Preiss has been looking for a suitable opportunity to enter the Colombian market for several years now,” said Donna Preiss, founder and CEO of TPCO. “The line at the stadium is that opportunity. She checks all of our flags. “

The complex offers 3-, 4- and 6-bedroom fully furnished town houses with amenities such as granite countertops, stainless steel appliances, walk-in closets, laundry facilities and 1 Gigabyte Wi-Fi. In addition to the bed-bath ratio, all rooms have an additional half bath.

Utilities include a lazy river with music, large hot tub, 24-hour fitness center, outdoor media room and sand volleyball court. In addition, residents can enjoy a private shuttle service to the campus, as well as be in close proximity to numerous shopping, entertainment and dining options.

“With 100% occupancy, superior physical equipment and an unrivaled array of amenities, all within walking distance of a football stadium … we couldn’t have dreamed of a better project to be our gateway to Colombia’s thriving market,” said John Preiss, Chief Investment Officer, TPCO.

About Preiss
Celebrating its 34th birthdayth Year, Raleigh, NC, Preiss specializes in the design, acquisition and management of condominium and student housing. For more information visit www.tpco.com

See the original version at businesswire.com: https://www.businesswire.com/news/home/20210622005177/en/

Contacts

Press Contacts:
Casey Munsch, VP of Marketing
Preiss
(919) 870-5080
kasey.munsch@tpco.com

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