Landmark Properties and Stockbridge Partner for $100M USC-Area Student Housing Acquisition
The top mixed-use sale in LA County last quarter was Landmark Properties' purchase of USC-area student housing from Greystar for $100 million, according to TRDData.
Landmark Properties, in partnership with investment management firm Stockbridge, has made the biggest mixed-use sale in Los Angeles County over the last quarter, according to TRDData. The purchase of a student housing portfolio near the University of Southern California from Greystar for $100 million was recorded in Los Angeles County tax assessor records.
The two buildings, Icon Plaza at 3584 South Figueroa Street and West 27th Place, were acquired by Athens, Georgia-based Landmark Properties and Stockbridge in late April. This acquisition marks the latest installment in a feature providing a weekly update on quarterly top sales by market segment, based on TRDData.
In a statement, Landmark Properties CEO Wes Rogers said, "We are excited to expand our presence in the Los Angeles market with this acquisition near the University of Southern California. This area has a high demand for quality student housing, and we are confident that our partnership with Stockbridge will allow us to provide exceptional living experiences for students."
Originally reported by The Real Deal.
https://therealdeal.com/la/2025/09/22/focus-on-trddata-priciest-mixed-use-sale/