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Oklahoma investors buy top-ranked Norman shopping center in $82 million deal

Rainier Cos. sells nearly 417,000-square-foot power center shadow-anchored by Super Target
An aerial view of University Town Center. (CoStar)
An aerial view of University Town Center. (CoStar)
By Samuel Spangler
CoStar Research
May 19, 2026 | 3:14 P.M.

A group of Oklahoma-based investors has purchased University Town Center, a 416,766-square-foot retail power center in Norman, for $82.3 million.

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