HFF has secured $11.76 million in financing for Legacy Drive Village, a 138,154-square-foot, grocery-anchored retail center in Plano. HFF worked exclusively on behalf of a Cencor Realty Services joint venture to secure the 10-year, fixed-rate loan through Prudential Mortgage Capital Co.
Legacy Drive Village is located at 7000 Independence Pkwy, about 3 miles west of North Central Expressway and approximately 4 miles east of the Dallas North Tollway in Plano. Built in 1994, it serves a residential population of more than 300,000 within a 5-mile radius.
Currently 92 percent leased, a recently renovated Kroger Signature supermarket anchors the property. Other tenants include Domino’s Pizza, Dunkin Donuts, Einstein Brother’s Bagels, Palm Beach Tan, and Subway.
The HFF team representing Cencor Realty Services was led by managing director Travis Anderson.