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Oklahoma City's Magnolia Building sells, slated for boutique hotel conversion

Private investor acquires fully leased, century-old office property in downtown Oklahoma City
The five-story Magnolia Building, constructed in 1919, is set to be repurposed as a boutique hotel following its sale. (CoStar)
The five-story Magnolia Building, constructed in 1919, is set to be repurposed as a boutique hotel following its sale. (CoStar)
By Aneya Cornwall with
CoStar Research
May 11, 2026 | 5:02 P.M.

A private investor acquired the Magnolia Building, a five-story office property at 722 N. Broadway Ave. in Oklahoma City, from another private investor for $4.6 million.

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