Axonic Properties Acquires 386-Bed Student Housing Complex In University Of Texas At Arlington From Waypoint Residential

Axonic Properties has acquired a 386 bed student housing complex located at 930 Benge Drive in the University of Texas at Arlington market. The property spans approximately 132,382 square feet and was sold by Waypoint Residential.

Summary of transaction details

• Property Type: Student Housing
• Transaction Amount: Not disclosed
• Address: 930 Benge Drive
• Square Footage: 132,382
• Market: University of Texas at Arlington

Axonic Properties, represented by Jonathan Shechtman, Brian Kennedy, and Ben Platt, purchased the student housing complex from Waypoint Residential. The transaction was facilitated by brokers from Newmark, including Ryan Lang, Jack Brett, and Ben Harkrider.