Contributed to
the Observer
Holder Properties, a full-service service commercial and student housing real estate development and investment company, is pleased to announce the opening of 320 West Mag at 100% occupancy in Auburn, Alabama. 320 West Mag is a six-story, mixed-use student living community adjacent to the campus of Auburn University.
320 West Mag completed construction and leasing in the spring of 2021. The property is located on West Magnolia Avenue and includes 719 beds in 201 apartment units. Retail tenants include Chick-fil-A, Ross House Coffee, Jamba Juice and Auntie Anne’s.
320 West Mag is situated on 3.59 acres and is walking distance from downtown Auburn. The property features 13,500 square feet of amenities including an elevated pool, a multi-level fitness center with a dedicated weight room and three courtyards. The community also features a secured parking deck, state-of-the-art clubroom with a gaming lounge, study rooms and a bike storage area.
The property features studio, two, three, four and five-bedroom apartments located directly across from Auburn University’s colleges of business and engineering. Each apartment is fully furnished and includes private bedrooms and bathrooms. The building also features modern finishes, stainless-steel appliances and private balconies. 320 West Mag offers residents the fastest Wi-Fi in Auburn.
“We’re pleased with the positive response we’ve received from the Auburn community and that we’ve opened 320 West Mag fully leased,” said John Holder, CEO of Holder Properties.
The project was designed by Niles Bolton & Associates and built by Juneau Construction Company. Holder Properties will continue to provide leasing and property management for 320 West Mag.
To learn more about 320 West Mag, visit www.320westmag.com
ABOUT HOLDER PROPERTIES
Holder Properties is a privately held, vertically-integrated full-service commercial and residential real estate development and investment company. Founded in 1980, Holder Properties has extensive experience in acquisitions, capital markets, project development, leasing, asset management and property management. Since inception, Holder Properties has developed over 100 projects across 17 states with development costs in excess of $3BN. The Company’s portfolio contains a diverse range of property types including single and multi-tenant office buildings, upscale student housing, corporate headquarters, data centers, call centers and other special use facilities nationwide.
To learn more about Holder Properties, visit holderproperties.com.