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Milwaukee — Harrison Street Real Estate Capital has acquired The Marq, a 600-bed student housing property at Marquette University in Milwaukee.
The purchase price was not disclosed. The 231-unit property also includes over 2,450 square feet of retail space. Capstone On-Campus Management will manage the property in a shared governance arrangement with Marquette University. As part of the acquisition, the Marq will undergo a $1.5 million renovation to be completed in time for the fall 2018 academic year.