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03/22/2017
Starwood Ups Initial Bid for Milestone Apartments REIT Buyout
An affiliate of Starwood Capital Group agreed to sweeten its offer to take Milestone Apartments Real Estate Investment Trust private through a cash-for-stock transaction. Under the revised bid announced in a joint release by the two companies, Milestone...

03/21/2017
Top Commercial Real Estate Firms and Brokers in Oklahoma Win CoStar Power Broker Awards
Several top firms and real estate brokers in Tulsa and Oklahoma City are among the winners of the annual CoStar Power Broker Awards. Now in its 16th year, the awards recognize those who perform at the highest levels in commercial real estate brokerage...

03/21/2017
JVL Buys The Herriman Bldg in OKC
JVL Real Estate LLC acquired The Herriman office building at 923 N. Robinson Ave. in Oklahoma City, OK for $2.81 million, or about $152 per square foot, from Promotional Resource Group, Inc. The five-story 18,500-square-foot building was constructed...

03/20/2017
Wayne Tomlinson & Associates Picks Up a New Hobby Lobby
Wayne Tomlinson & Associates acquired the retail building at 751 Hillside Dr. in Broken Arrow, OK from Hillside HL LLC for $7.8 million, or about $355 per square foot. The freestanding, 22,000-square-foot retail building delivered this month on 4.9...

03/17/2017
CoStar's People of Note (Mar. 17) - Colliers Florida Announces New Statewide Leadership, Principals Named at Lee & Associates, Next Realty
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Tampa / St. Petersburg, San Diego, Washington DC, Raleigh / Durham...

03/17/2017
Altus Equity Grp Acquires Village on the Lake Apts in OKC
Altus Equity Group LP has acquired the Village on the Lake Apartments at 9200 N. MacArthur Blvd. in Oklahoma City, OK from Villake LLC for $6.03 million, or approximately $38,000 per unit. The two-story 161,400-square-foot multifamily building was...

03/13/2017
Tulsa Retail Sold for $7.7M
David Garfunkel & Co. LLC acquired the Admiral Place Shopping Center at 6921-6925 E. Admiral Pl. in Tulsa, OK from Paine & Associates LLC for $7.7 million, or about $84 per square foot. The single-story, 91,907-square-foot retail building was built...

03/13/2017
Gordmans Joins Growing List of Dept. Stores Shutting Down
Add Gordmans Stores Inc. (NASDAQ: GMAN) to the growing list of department store chains throwing in the towel. The Omaha, NE-based chain filed for bankruptcy and plans to enter into an agreement with Tiger Capital Group and Great American Group to handle...

03/10/2017
CoStar's People of Note (Mar. 10)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City, Santa Fe, Boston, Chicago, Orange County, Phoenix/Tucson...

03/10/2017
Gemini Rosemont Changes CEOs as Part of Planned Transition
As part of a planned senior management transition, Santa Fe-based Gemini Rosemont Realty, LLC promoted its current chief operating and chief investment officer Don Henry to CEO, succeeding Michael E. Mahony, who will move to the newly-created position...

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