PLANO, TX-CBRE's Dallas Multi-Housing Group has completed the sale of The Encore, a 196,664 square-foot luxury apartment community located in Plano, near Legacy Business Park.

Charles Cirar, Ryan Reid and Jeremy Faltys with CBRE represented the seller, Zale/Corson Group. Terms of the deal were not disclosed.

“The sale of this community provided an investor a rare opportunity to acquire a state-of-the-art, mid-rise community in Dallas' most affluent neighborhood adjoining Legacy Business Park and North Plano,” said Reid, an executive vice president of CBRE.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.