real estate

Cushman & Wakefield Arranges Sale of Oklahoma MF Community


Cushman & Wakefield has arranged the sale of Legend Park, a 360-unit multifamily community in Lawton, Oklahoma. Martin Bynum, Craig Hey, and Stephen Pestinger of Cushman & Wakefield represented an undisclosed seller in the transaction. The multifamily community was acquired by 3501 Gore BLVD and 3501 Gore BLVD II.

“Legend Park arrived to the market as the premier property in the area and carried with it attractive and assumable in-place debt. These two factors, along with a proven value-add strategy, attracted national buyer interest to a tertiary market like Lawton,” said Bynum, director at Cushman & Wakefield.

Built in 2012, Legend Park is near major thoroughfares, top retailers, and outdoor recreation. The multifamily community is also in proximity to Lawton’s largest employers, including the Fort Sill Army base. “We’re excited to leverage our multi-state team and HUD loan experience to generate the largest tertiary Oklahoma sale,” added Hey, vice chair at Cushman & Wakefield.

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