CBRE Strategic Partners U.S. Value 9 has acquired The Legacy at Wakefield, a 369-unit residential property located at 14411 Calloway Gap Road in Raleigh, N.C.
The Legacy at Wakefield is a class A, garden-style apartment property that features one-, two- and three-bedroom units with 42-inch cherry cabinets, walk-in laundry rooms with full-size washers and dryers, private patios/balconies, and built-in desks with shelving in select units. Residents have access to various community amenities, including a 24-hour fitness center, dog park, grilling stations, a fireplace lounge with screened veranda, clubhouse, a car wash center and 684 parking spaces.
“Acquiring this residential asset fits within our strategy of investing in high-quality properties located in markets that have strong economic fundamentals and rapid growth trajectories,” said Ben Green, managing director, residential transactions at CBRE Investment Management. “We believe that the Le
