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Partnership Acquires Multi-State Shopping Center Portfolio for $429M

Hayden Spiess — Thu, 11 Dec 2025 12:24:00 +0000

ELMSFORD AND NEW YORK CITY, N.Y. — DLC, in partnership with a fund managed by DRA Advisors, has acquired a multi-state shopping center portfolio in an off-market transaction for $429 million. Totaling 2.1 million square feet, the portfolio comprises eight shopping centers across five states. The seller was not disclosed. The properties include Central Texas Marketplace in Waco, Texas; Portofino Shopping Center in the Houston suburb of Shenandoah; Watauga Pavilion in the Dallas suburb of Watauga; Shops at Park Place in Plano, Texas; Pavilion at King’s Grant in the northeast Charlotte suburb of Concord, N.C.; International Speedway Square in Daytona Beach, Fla.; Peoria Square in Glendale, Ariz.; and Belle Isle Station in Oklahoma City, Okla. The portfolio was 91.3 percent leased at the time of sale. Long-term tenants across the portfolio include Nordstrom Rack, REI, T.J. Maxx, Ross Dress for Less, Dick’s Sporting Goods, HomeGoods, Marshalls, Total Wine & More and Ulta Beauty. This portfolio marks DLC’s first retail acquisitions in Phoenix and Oklahoma and expands the company’s existing presence in Texas and Florida. In October, DLC and DRA Advisors purchased a $625 million retail portfolio on the West Coast. The two organizations have now completed more than $1.7 billion of…

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TruCore Industrial Acquires Two Facilities Totaling 58,000 SF in Tulsa

Taylor Williams — Tue, 09 Dec 2025 16:15:23 +0000

TULSA, OKLA. — TruCore Industrial, an Oklahoma-based investment firm founded by executives of net-lease brokerage group Stan Johnson Co., has acquired two facilities totaling roughly 58,000 square feet in Tulsa. The facilities at 6566 E. Skelly Drive and 4620 S. Memorial Drive sit on a combined 4.6 acres and were both fully leased at the time of sale to sign maker Fellers Inc. Phillip Butts, Ken Hedrick and Andrew Ragsdale of Colliers brokered the sale. The seller and sales price were not disclosed.

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IPA Arranges $48.4M Loan for Refinancing of Oklahoma City Industrial Property

Taylor Williams — Thu, 20 Nov 2025 15:00:20 +0000

OKLAHOMA CITY — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged a $48.4 million loan for the refinancing of Britton Commerce Center, a 560,000-square-foot industrial property in Oklahoma City. The five-building complex was fully leased at the time of the loan closing. Sunny Sajnani and Travis Headapohl of IPA arranged the debt through an undisclosed credit union on behalf of the borrower, locally based development and investment firm Gardner Tanenbaum. The loan was structured with a five-year term, a fixed interest rate of 5.76 percent, 30-year amortization schedule and 24 months of interest-only payments.

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GF Central Plastics Opens 150,000 SF Metals Manufacturing Facility in Shawnee, Oklahoma

Taylor Williams — Mon, 10 Nov 2025 16:43:23 +0000

SHAWNEE, OKLA. — GF Central Plastics has opened a 150,000-square-foot metals manufacturing facility in Shawnee, an eastern suburb of Oklahoma City. The facility will complement GF Central’s existing 500,000-square-foot plastic and metals manufacturing plant in Shawnee. Project partners included TAP Architecture, Entegrity Energy Partners, Coalign Group, Cedar Creek Inc. and Evans General Contractors. A grand opening ceremony took place in mid-October, and the facility is expected to be fully operational by next April.

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TruCore Industrial Nears Completion of 90,000 SF Project in Tulsa

Taylor Williams — Fri, 31 Oct 2025 15:09:29 +0000

TULSA, OKLA. — TruCore Industrial, an Oklahoma-based investment firm founded by executives of net-lease brokerage group Stan Johnson Co., is nearing completion of a 90,000-square-foot project in Tulsa. Midtown Industrial Park consists of four buildings that feature 20-foot-plus clear heights, shared dock access and ESFR sprinkler systems. Leasing is currently underway.

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Rainier Development Unveils Plans for $400M Riverline Mixed-Use Project in Tulsa

Taylor Williams — Wed, 15 Oct 2025 16:10:56 +0000

TULSA, OKLA. — Dallas-based Rainier Development Co. has unveiled plans for Riverline, a 37-acre mixed-use project in Tulsa that is valued at approximately $400 million. The site is located south of Joe Creek and east of Lewis Avenue in what the development team describes as “one of Tulsa’s most dynamic growth corridors.” Plans call for approximately 650 luxury apartments that will come in one-, two- and three-bedroom floor plans, set above 200,000 square feet of retail, dining and entertainment space. Rainier is developing Riverline in partnership with the Muscogee (Creek) Nation. Construction of the first phase is scheduled to begin next year and to be complete in late 2027 or early 2028.

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TruCore Industrial Sells 70,000 SF Warehouse in Pryor, Oklahoma

Taylor Williams — Mon, 06 Oct 2025 14:41:36 +0000

PRYOR, OKLA. — TruCore Industrial, an Oklahoma-based investment firm founded by executives of net-lease brokerage group Stan Johnson Co., has sold a 70,000-square-foot warehouse in Pryor, located northeast of Tulsa. The building is situated on a 9.9-acre site within Mid-America Industrial Park and was fully leased at the time of sale to pipe and conduit manufacturer Endot Industries. The buyer and sales price were not disclosed.

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BOK Financial Provides $45M Acquisition Loan for Tulsa Office Building

Taylor Williams — Thu, 11 Sep 2025 14:27:07 +0000

TULSA, OKLA. — BOK Financial has provided a $45 million acquisition loan for 222 North Detroit, a 260,283-square-foot office building in Tulsa. Completed in 2022, the 11-story building is located within the city’s central business district and was 95 percent leased at the time of the loan closing to tenants in the energy, legal, financial services and construction materials industries. Greg Napper, Blake Morrison and Brody Rule of JLL arranged the loan on behalf of the borrower, Fenway Capital Advisors.

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Realterm Buys 94,089 SF Warehouse Near Will Rogers Airport in Oklahoma City

Taylor Williams — Wed, 03 Sep 2025 14:28:21 +0000

OKLAHOMA CITY — Realterm, a Maryland-based investment manager focused on the transportation industry, has purchased a 94,089-square-foot warehouse that is adjacent to Will Rogers International Airport in Oklahoma City. Built on 9.3 acres in 2018 via a ground lease with the Oklahoma City Airport Trust and leased to a multinational logistics user, the warehouse features two dock-high doors, 14 drive-in doors, 25 truck parking spaces and 15 trailer parking spaces. The seller and sales price were not disclosed.

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NAI RED Arranges Sale of 35,597 SF Shopping Center in Oklahoma City

Taylor Williams — Mon, 28 Jul 2025 15:04:28 +0000

OKLAHOMA CITY — Local brokerage firm NAI RED has arranged the sale of Boulevard Marketplace, a 35,597-square-foot shopping center in Oklahoma City. The sales price was $5 million. The center was built in 1984 and was 78 percent leased at the time of sale to tenants such as Subway and Great Clips. Samuel Dunham, David Hartnack and Sam Swanson with NAI RED represented the buyer and seller, both of which requested anonymity, in the transaction.

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Milhaus, Humphreys Capital Complete 276-Unit Oxlley Apartments in Edmond, Oklahoma

Taylor Williams — Mon, 30 Jun 2025 14:19:13 +0000

EDMOND, OKLA. — A partnership between Indianapolis-based developer Milhaus and locally based investment firm Humphreys Capital has completed Oxlley Apartments, a 276-unit multifamily community in Edmond, about 15 miles north of Oklahoma City. Located at 101 W. Main St. in the historic downtown area, Oxlley features studio, one-, two- and three-bedroom units. Amenities include a 24-hour fitness center, electric vehicle charging stations, conference rooms for remote workers, a dog park and a pet spa. Rents start at $1,225 per month for a studio apartment.

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Bain Capital, 11North Buy Three Oklahoma City Shopping Centers for $212M

Taylor Williams — Wed, 25 Jun 2025 15:23:00 +0000

OKLAHOMA CITY — A partnership between Boston-based Bain Capital Real Estate and New York City-based 11North Partners has purchased three open-air shopping centers in the Nichols Hills submarket of Oklahoma City for $212 million. Nichols Hills Plaza, The Triangle at Classen Curve and Classen Curve collectively comprise nearly 40 acres and have a combined occupancy rate of approximately 97 percent. Whole Foods Market and Trader Joe’s anchor the centers, which are also home to tenants such as Lululemon, Warby Parker, West Elm, Anthropologie, Sephora and Kendra Scott. The seller was not disclosed. The new ownership has tapped JLL to manage the properties.

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Red Oak Capital Provides $5.7M Bridge Loan for Downtown Oklahoma City Apartment Complex

Taylor Williams — Tue, 03 Jun 2025 15:34:18 +0000

OKLAHOMA CITY — Red Oak Capital Holdings has provided a $5.7 million bridge loan for Penn Grand Apartments, a 105-unit multifamily complex in Oklahoma City. Located in the downtown area, the property consists of 14 two-story buildings on a 3.7-acre site. Nick Jans, Thomas Gorski and James Myatt of Red Oak Capital originated the two-year loan, which was placed by Sean Reilly of Regions Bank. The borrower, Gideon Properties, an investment firm that specializes in distressed assets, will use the proceeds to retire existing debt and rehabilitate units that were damaged by fire.

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Emirates Global Aluminium to Open $4B Manufacturing Plant Near Tulsa, Create 1,000 New Jobs

Taylor Williams — Mon, 19 May 2025 11:46:00 +0000

INOLA, OKLA. — Emirates Global Aluminium plans to open a $4 billion manufacturing plant near Tulsa in northeastern Oklahoma, an initiative that is expected to facilitate the direct creation of about 1,000 new jobs. A timeline for opening was not announced, but Recycling Today reports that construction could begin as soon as the end of next year. The facility will be located on more than 350 acres at Tulsa Port of Inola, a 2,200-acre industrial park with access to rail and nautical transportation networks. Once complete, the facility will be the largest of its kind in the country, producing billets, sheet ingots, high-purity aluminum and foundry alloys. The new Emirates facility is also expected to be responsible for the creation of 1,800 indirect jobs. According to ChemAnalyst, at full capacity, the plant will be able to annually produce 600,000 tons of the metal, a figure that reflects a virtual doubling of the current domestic aluminum production. The project team says this facility represents the first manufacturing plant for this material to come on line in the United States in the past 45 years. The news follows that of the $300 million investment from CBC Global Ammunition, which also selected Oklahoma…

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Trader Joe’s Signs 16,975 SF Retail Lease in Northwest Oklahoma City

Taylor Williams — Wed, 30 Apr 2025 15:03:26 +0000

OKLAHOMA CITY — Trader Joe’s has signed a 16,975-square-foot retail lease in northwest Oklahoma City for its first grocery store in the state capital and fourth in the state. The space is located within the 155,000-square-foot Rockwell-Northwest Shopping Center, and Trader Joe’s will join Hobby Lobby and Burlington as the center’s anchor tenants. Tom Blanton with Blanton Property Co. represented the California-based grocer in the lease negotiations. Elise Lopez and Jim Martin internally represented the landlord, JAH Realty. A tentative opening date has not yet been determined.

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Morgan Properties Acquires 11-Property Midwest Multifamily Portfolio for $501M

Channing Hamilton — Fri, 04 Apr 2025 12:00:00 +0000

CONSHOHOCKEN, PA. — Morgan Properties has acquired a portfolio of 3,054 apartment units across 11 communities in eight states. Chicago-based Trilogy Real Estate Group was the seller in the deal, which was valued at $501 million. The communities — which are located in Illinois, Indiana, Kentucky, Michigan, Missouri, Ohio, Oklahoma and Tennessee — were built between 1989 and 2018. Adam Doneger and Josh King of Newmark brokered the sale of 10 of the communities in the portfolio, while Walker & Dunlop brokered the sale of one property. Morgan Properties states that the firm plans to implement a value-add strategy to increase the marketability and comfort of the properties. Interior upgrades will include the installation of new flooring, appliances, cabinets and countertops, as well as smart home features. The new owner will also expand and refresh the onsite amenities. The acquisition expands Morgan Properties’ apartment holdings to more than 100,000 units across the nation. The Conshohocken-based development and investment firm now owns and operates roughly 360 communities in 22 states. “As we continue to strategically expand our national portfolio, we remain selective and opportunistic in this environment,” said Jonathan Morgan and Jason Morgan, co-presidents of Morgan Properties. “Morgan Properties has a proven…

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HotelBrokerOne Arranges Sale of 218-Room Hotel in Oklahoma City

Taylor Williams — Thu, 20 Mar 2025 14:52:26 +0000

OKLAHOMA CITY — Locally based brokerage firm HotelBrokerOne has arranged the sale of the 218-room Best Western Plus Saddleback Inn in Oklahoma City. The hotel offers an onsite bar and restaurant in addition to complimentary breakfast, and guests also have access to a pool, indoor spa and sauna and meeting/event spaces. Ted Holmes led the transaction for HotelBrokerOne. The buyer and seller were not disclosed. The new ownership plans to renovate and rebrand the property under the Eagle Suites banner.

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Home Invest Acquires 100-Unit Apartment Complex in Del City, Oklahoma

Taylor Williams — Thu, 27 Feb 2025 15:23:30 +0000

DEL CITY, OKLA. — Home Invest, a private investment firm and fund manager, has acquired Morgan Terrace, a 100-unit apartment complex in Del City, located southeast of the state capital. The sales price was $3.7 million, and the seller was an undisclosed, California-based investor. According to Apartments.com, Morgan Terrace was built in 1964 and offers one-, two- and three-bedroom units, as well as a courtyard and onsite laundry facilities.

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Marcus & Millichap Brokers Sale of 375-Unit Self-Storage Facility in Tuttle, Oklahoma

Taylor Williams — Fri, 04 Oct 2024 15:43:44 +0000

TUTTLE, OKLA. — Marcus & Millichap has brokered the sale of Premium Storage, a 375-unit self-storage facility in Tuttle, a southwestern suburb of Oklahoma City. The site spans seven acres, and the property features 107,330 net rentable square feet across 37 climate-controlled units, 334 non-climate-controlled units and four commercial spaces. Bryan Quaschnick, Danny Cunningham and Brandon Karr of Marcus & Millichap represented the Dallas-based seller in the deal and procured the buyer, an out-of-state, privately held investment group. Both parties requested anonymity.

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CBRE Opens 5,154 SF Office at Phillips Murrah Building in Midtown Oklahoma City

Taylor Williams — Tue, 10 Sep 2024 13:47:02 +0000

OKLAHOMA CITY — CBRE has opened a 5,154-square-foot office at the Phillips Murrah Building in Oklahoma City. The Dallas-based real estate services firm is relocating from 3401 NW 63rd St. to the second floor of the building, which is located in the city’s Midtown area. The space features various social spaces that support collaborative work, including bench-seating workstations, focus rooms, phone rooms and a huddle room.

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