Lone Star Funds sells Legacy Place retail center in Palm Beach Gardens to DLC

  • Lone Star Global Acquisitions completed sale of Legacy Place, a 419,936-square-foot open-air retail center in Palm Beach Gardens, Florida, to retail real estate investor DLC.
  • Asset was acquired in 2021 through affiliate of Lone Star Real Estate Fund VI, L.P., then repositioned through tenanting initiatives and property upgrades.
  • Transaction marks latest South Florida real estate move following recent acquisitions of The Alhambra office complex in Coral Gables and 401 East Las Olas Boulevard office-retail tower in Fort Lauderdale.


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