Friday, October 30, 2015

JLL Brokers Century Legacy Village Sale

The property is located at the corner of Spring Creek Parkway and Windcrest Drive, near Legacy Town Center.

DALLAS--JLL Capital Markets has brokered the sale of Century Legacy Village, a class A 328-unit luxury apartment community in Plano.

A Dallas-based private real estate fund managed by Crow Holdings Capital–Real Estate and BK Real Estate Funds purchased the property from Atlanta-based Centennial Holding Co. 

Managing director Jeff Price, senior vice president Bill Simmons and associate Alisan Rutland led the JLL team on the transaction.  JLL executive vice president Mark Brandenburg secured financing for the acquisition.

“Three-story garden-style projects with average units in excess of 1,000 square foot are highly sought after in the Plano/Frisco market, as most new projects are urban-style wrap projects with smaller average unit sizes,” Price told GlobeSt.com.

The property is located at the corner of Spring Creek Parkway and Windcrest Drive, near Legacy Town Center, which is known for its premier mix of retail, dining and entertainment options.

Century Legacy Village offers six one-bedroom floor plans, six two-bedroom floorplans and three two-bedroom floor plans that all feature oversized walk-in closets, built-in wine racks and nine-foot ceilings with crown moldings.  Select units feature private fenced-in backyards, direct access garages and a kitchen island with built-in storage.

Best-in-class amenities include a resort-style pool, dog park with pet-washing station, 24-hour cardio theater, attached and detached garages, business center and valet trash service.

Anna Caplan/GlobeSt.com