Boston buyer picks up 300-unit Legacy apartment tower
PLANO – Intercontinental Real Estate Corp. purchased the 25-story Kincaid at Legacy apartment tower on the Dallas North Tollway near Legacy Dr.
Completed in 2018, the 300-unit high-rise was developed by Trammell Crow Co.’s High Street Residential division and Principal Real Estate Investors.
Rents start at $1,500 a month, with apartments ranging from 677 to 4,500 sf.
Amenities include a 2,383-sf fitness center, resident lounge, billiard room, entertainment kitchen, conference rooms, business center, two swimming pools, and a seventh-floor amenity deck.
The acquisition was financed with a $73.75 million loan from Capital One National Association.
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Source: Dallas Morning News
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