Wolff Completes Construction of The Mullan Reserve Apartments
SCOTTSDALE, January 14, 2013 /PRNewswire/ — The Wolff Company delivered the last of its 200 newly constructed apartment units at The Mullan Reserve in December. Construction at the Missoula, Montana site was completed slightly ahead of the original schedule.
“We’re focusing on leasing up the property and already have more than half of our units occupied with tenants,” explained Peter Wolff, VP of Development at the Wolff Company. “Missoula’s healthy job market and vibrant student population should allow us to quickly sign leases and progress to full occupancy.”
The development is a “Class-B” product positioned to serve a market with limited supply of new, quality apartments. Missoula has been overlooked by most developers and investors, particularly since the recession, creating a lack of units built in the last four years to meet the growing demand of renters.