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05/26/2018
Six Flags Spending $23 Million Adding Five Parks to Portfolio
Pictured: Frontier City in Oklahoma City.Six Flags Entertainment Corp. will pay Oklahoma City-based Premier Parks LLC $23 million to buy the exclusive lease rights to five amusement parks. The deal includes Frontier City and White Water Bay in Oklahoma...

05/24/2018
Sealy Adds 432,000 SF to Expanding Portfolio in Oklahoma City
The 121,750-square-foot warehouse at 600 N. Sara Rd. in Oklahoma City Dallas-based Sealy & Co., a full-service investment firm with more than $3 billion in investment volume since its launch in 1990, purchased two warehouses totaling 431,750 square...

05/23/2018
Are Rents Too High In Downtown Tulsa?
The affordability of multifamily units in downtown Tulsa is a concern for many. Properties delivered post-recession have average asking rents at around $1,300 per unit, according to CoStar data. That is close to a 50 percent premium compared to the metro...

05/11/2018
Pratt Street Capital Acquires Lakeside Place in Tulsa
Baltimore-based Pratt Street Capital acquired the 208-unit Lakeside Place Apartments in Tulsa, OK from Capital Assets, Inc. for $8.25 million, or approximately $40,000 per unit. Lakeside Place, built in 1975, spans 14 buildings and offers studio, one...

05/03/2018
Oklahoma City Retail Continues to Lead in Sales
Quail Springs Marketplace, a 244,768-SF retail center at 2116-2370 W. Memorial Rd. in Oklahoma City. For the second straight year, first-quarter retail sales in Oklahoma City have eclipsed the $100 million mark with more than $125 million in volume during...

05/03/2018
Sooner Traditions Realty Snags 27,000-SF Medical Office Bldg. in Norman
Norman, OK-based Sooner Traditions Realty purchased the 27,000 square-foot medical office building at 700 N. 24th Ave. from Douglas Development Corp. for $4.28 million or approximately $158 per square foot. The single-story building was built in 1994...

05/02/2018
Sooner Ranch Sells 34,000-SF Retail Center in Lawton
Locally-based investor Sooner Ranch, Inc. sold a 33,940-square-foot center at 5108 W. Gore Blvd. in Lawton, OK for $3.15 million, or about $93 per square foot. A joint-venture partnership between Comanche Nephrology and Balaji LLC acquired the property...

04/23/2018
Oklahoma City Attracting More Non-Energy Related Companies to Help Diversify Office Base
Oklahoma City has long been considered a classic 'oil patch' office market, subject to the boom-and-bust cycle associated with global oil production. But while recent low oil prices have impacted the market, Oklahoma City has continued to attract...

04/19/2018
Bayrock Investment Sells 11,000 SF Medical Office Bldg. in Northwest Oklahoma City
Bayrock Investment Co. sold a 10,912-square-foot Alliance Health Medical Group building at 5720 W. Memorial Rd. in Northwest Oklahoma City for $5.06 million, or about $464 per square foot. A private owner taking title as Alpha Deaconess LLC acquired...

04/16/2018
CoStar Market Insights: OKC Multifamily Construction Slows as Market Adjusts to Supply
Multifamily construction activity in Oklahoma City continues to decrease as the market is adjusting to the robust supply completed when the local economy began slowing. Last year, fewer than 800 units came online, rougly 57 percent down from the year...

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