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Freestanding Best Buy Building Sells for $4.9 Million in Owasso
Mathias Properties, Inc., a Springdale, Arkansas-based investment firm, acquired a freestanding Best Buy location in Tulsa, Oklahoma suburb Owasso from a private investor taking title as Owasso OKBB LLC for $4.9 million, or about $163 per square foot...

Park Place Office Building Trades for $5.3 Million in Tulsa
A private investor taking title as Park Place Holdings acquired a 45,141-square-foot Park Place Office building in South Tulsa, Oklahoma, from Park Place Management for $5.3 million, or about $117 per square foot. The building was constructed in 2003...

Chemical Products Manufacturer Leases 20,000 SF in Atrium Tower North in Oklahoma City
LSB Industries, Inc., a chemical manufacturer that produces products for agricultural, mining, and industrial markets, signed a 20,418-square-foot lease within the Atrium Towers North office building in Northwest Oklahoma City. The tenant's new space...

Manufacturing Sector Leading Job Growth in Tulsa
After years of job losses due to the oil downturn, the Tulsa, Oklahoma economy has finally seen new realities. Tulsa’s job market has improved dramatically since eclipsing the national average year-over-year job growth in the last quarter of 2017....

Arkansas-Based Packaging Supplier Inks 38,000-SF Deal in Hefner Commercial Park
Hot Springs, Arkansas-based packaging supplier Sigma Supply signed a 37,620-square-foot industrial lease within the Hefner Commercial Park in Oklahoma City. Located at 11301 Partnership Drive, the 138,600 square-foot facility was built in 2001. Sigma...

Local Investor Acquires Three Light Industrial Bldgs. in Oklahoma City
IT Assets, a locally based company, acquired a three-building light industrial park in Oklahoma City from a private family trust for $3.1 million, or about $43 per square foot. All three buildings, located within the Mid-West Industrial Park, are off...

AccorHotels to Acquire 85% Stake in 21c Museum Hotels
The 21c Museum Hotel in Kansas City, MO, opened two weeks ago. Image Credit: 21c Museum Hotels AccorHotels, based in Paris, has taken an acquisitive liking to American boutique luxury hotels. This week, the global travel and lifestyle group agreed...

Northwest OKC Driving Office Sales Volume
The six-story Northwest Medical Center. Office sales volume in Northwest Oklahoma City is well on its way to cyclical highs, thanks to increased activity in the medical office sector. As of July, close to $45 million in office buildings have traded...

Job Growth Boosts Apartment Demand in Oklahoma City
As the local economy grows, Oklahoma City’s apartment market is strengthening as a result. The story has shifted recently as energy employers have started to regain footing and the city lures more employers to the area. Several major energy companies...

Hefner Pointe Drive Medical Office Building Sells for $3 Million
A private investor taking title as London Preston Properties LLC acquired a 17,752-square-foot medical office building at Hefner Pointe Drive from another private investor for $3 million, or about $169 per square foot. The building was constructed...

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