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Signature 1909 The 17-story Signature 1909 is in walking distance of the University of Texas at Austin.

AUSTIN, TX—With West Campus neighborhoods achieving 5.55% average rental growth since 2010 and indications that the University of Texas at Austin student enrollment will grow by 5.4% by 2020, the Preiss Company believes that Signature 1909 offers leasing and rental growth upside. Preiss, in a joint venture with TH Real Estate, recently acquired the 464-bed student housing complex. Located at 1909 Rio Grande St., the 17-story community is located within walking distance from University of Texas at Austin and is in the midst of a large offering of nearby retail and restaurant outlets.

“Located in the heart of Austin’s West Campus neighborhood, Signature 1909 already has an unprecedented 500-plus person interest list for the 2019/2020 academic year following its 100% prelease for 2018/2019 eight months prior to the building even opening,” said Donna Preiss, founder and CEO of the Preiss Company.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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