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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...

Tech-Seal International Inks 23,000-SF Deal in Oklahoma City
Tech-Seal International Inc, a Houston-based oil and gas service provider, signed a three-year, 23,400-square-foot lease to occupy an entire building located at 3420 S. Purdue St. in Oklahoma City. Built in 1999, the single-story industrial building...

AAA Fabricators Leases 18,000 SF in Oklahoma City
AAA Fabricators, a local manufacturing company that provides custom fabrication and repairs for fiberglass products, signed an 18,000-square-foot lease at 3940 SW 113th St., located just off SW 113th St. and Interstate 44. The single-story flex building...

14,000-SF Retail Bldg. Trades for $2.5 Million in North OKC
River JJ LLC, a private investor based in Tyler, TX, acquired a 14,000-square-foot retail building in Oklahoma City from another private investor for $2.5 million, or about $178.57 per square foot. The retail building, located at 2001 NW 142nd St....

A Look at How Downtown Oklahoma City is Benefiting from MAPS 3
Rendering courtesy of Populous, GSB, Inc. In December 2009, Metropolitan Area Projects (MAPS) 3 was approved by voters, continuing the city’s capital improvement programs using a one-cent, limited-term sales tax to pay for $777 million in debt-free projects...

Novo Oil & Gas Takes 11,520 SF in North Oklahoma City
Novo Oil & Gas, a locally-based firm, signed a five-year, 11,520-square-foot office lease at the Kirkpatrick office building in Oklahoma City. Located at 1001 W. Wilshire Blvd., the 50,376 square-foot office building was constructed in 1994. Novo...

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