Legacy Center
- Size175,000 SF
- Built2014
- Stories4
- Parking4:1000
- lease
- manage
- own
- sold
The Story
Developed in 2014 on the heels of Toyota and Liberty Mutual announcing moves to Legacy West, Legacy Center was designed to be a valuable option in the Legacy submarket. In 2018 and once fully stabilized, Cawley Partners recapitalized the project. In 2022, Legacy Center was sold to Larson Capital at 98% leased.
The Scorecard
Cost | $34.5 Million
IRR | 18%
Multiple | 1.9x
Hold Period | 5 Years
The Location
sold