Sunday, June 15, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Oklahoma

Silver-Lake-Village-Bartlesville-Oklahoma
AcquisitionsOklahomaRetailTexas

Stan Johnson Co. Negotiates $15.3M Sale of Shopping Center in Bartlesville, Oklahoma

by Taylor Williams

BARTLESVILLE, OKLA. — Locally based brokerage firm Stan Johnson Co. has negotiated the $15.3 million sale of Silver Lake Village, an 87,750-square-foot shopping center in Bartlesville, located north of Tulsa. The center was fully leased at the time of sale to 12 tenants, with T.J. Maxx, Ross Dress for Less, Petco and Ulta Beauty serving as the anchors. Margaret Caldwell and Patrick Kelley of Stan Johnson Co. represented the seller, Tennessee-based GBT Realty Corp., in the transaction. The buyer was a Florida-based 1031 exchange investor that requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentHospitalityOklahomaTexas

Lambert Nears Completion of 92-Room NOUN Hotel in Norman, Oklahoma

by Taylor Williams

NORMAN, OKLA. — Hospitality development and management firm Lambert is nearing completion of the NOUN Hotel, a 92-room boutique hotel located near the University of Oklahoma’s campus in Norman. The grand opening is scheduled for Thursday, Sept. 22. The four-story hotel, which will include two suites, will offer multiple food and beverage establishments and 3,900 square feet of meeting and event space.

Continue Reading
FacebookTwitterLinkedinEmail
240-Penn-Park-Oklahoma-City
AcquisitionsOklahomaRetailTexas

JLL Negotiates Sale of 241,831 SF Retail Power Center in Oklahoma City

by Taylor Williams

OKLAHOMA CITY — JLL has negotiated the sale of 240 Penn Park, a 241,831-square-foot retail power center in Oklahoma City. Built on 22.2 acres in 2006, the center was 99 percent leased at the time of sale to tenants such as Marshalls, Ross Dress for Less, Michaels, PetSmart, Best Buy, Saltgrass, Lane Bryant, Five Below, Charleston’s Restaurant and GNC. Ryan Shore, Chris Gerard, Greyson Fewin and Pauli Kerr of JLL represented the seller, a partnership between New York-based DRA Advisors and private investment group RCG Ventures, in the transaction. Locally based investment firm Mazaheri Properties acquired the asset for an undisclosed price.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyNorthmarqOklahomaTexas

Northmarq Arranges $9.2M Acquisition Loan for Multifamily Property in Moore, Oklahoma

by Taylor Williams

MOORE, OKLA. — Northmarq has arranged a $9.2 million bridge loan for the acquisition of Mansions South Apartments, a 146-unit multifamily property in Moore, a southern suburb of Oklahoma City. Built in 1972, the property comprises 12 two-story buildings that house one-, two- and three-bedroom units. Amenities include a pool, fitness center, clubhouse, volleyball and basketball courts and a playground. Bob Harrington of Northmarq arranged the loan, which features two years of interest-only payments. The borrower and direct lender were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyOklahomaStudent HousingTexas

CBRE Arranges Sale of 556-Bed Student Housing Community Near University of Oklahoma

by Taylor Williams

NORMAN, OKLA. — CBRE has arranged the sale of 2900 Apartments, a 556-bed student housing community located near the University of Oklahoma in Norman. Built in 1999, the property offers 156 units and is situated adjacent to the university’s golf course. Jaclyn Fitts, William Vonderfecht, Casey Schaefer and Matt Bukhshtaber of CBRE represented the undisclosed seller in the disposition of the property to Hamilton Point Investments. The sales price was also not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsOklahomaRetailTexas

SRS Real Estate Arranges $10M Sale of Shopping Center in Moore, Oklahoma

by Taylor Williams

MOORE, OKLA. — SRS Real Estate Partners has arranged the $10 million sale of a 53,872-square-foot shopping center in Moore, a southern suburb of Oklahoma City. The property was built on 5.5 acres in 2018 and was 93 percent leased at the time of sale to tenants including Ulta Beauty and Burlington. Chris Tramontano and Aaron Johnson of SRS represented the seller, an entity doing business as BlueCiel Oklahoma LLC. Agree Realty, a publicly traded REIT, purchased the asset.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyOklahomaSeniors HousingTexas

Plains Commercial Negotiates Sale of 243-Bed Skilled Nursing Portfolio in Oklahoma

by Taylor Williams

TULSA AND CUSHING, OKLA. — Plains Commercial has arranged the sale of three skilled nursing facilities totaling 243 beds in Tulsa and Cushing, Oklahoma. Two of the buildings were built in the 1960s and 1970s and had undergone extensive renovations in recent years. The third was built in 1997. The seller was a locally based seniors housing operator, and the buyer is one of the largest skilled nursing operators in the state. Both parties requested anonymity. Daniel Morris of Plains Commercial handled the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyOklahomaTexas

Blueprint Brokers Sale of 350-Unit Active Adult Portfolio in Metro Oklahoma City

by Taylor Williams

MOORE, MUSTANG AND EDMOND, OKLA. — Blueprint Healthcare Real Estate Advisors has brokered the sale of a 350-unit portfolio comprising three active adult communities in the Oklahoma City suburbs of Moore, Mustang and Edmond. The seller was Walters Construction Co., which developed the properties between 2010 and 2021. The Moore community was recently expanded by 35 units. With the exception of that expansion, the assets were fully occupied at the time of sale. The buyer and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyOklahomaTexas

Ready Capital Closes $28.3M Acquisition Loan for Oklahoma City Apartments

by Taylor Williams

OKLAHOMA CITY — New York City-based Ready Capital has closed a $28.3 million loan for the acquisition, renovation and stabilization of an unnamed, 400-unit apartment complex in Oklahoma City. The nonrecourse, interest-only loan features a 36-month term, floating interest rate, two extension options and a facility to fund future capital improvements. The sponsor was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Summit-Square-Tulsa
Market ReportsOklahomaTexasTexas Market Reports

Spotlight on Tulsa: A Hidden Gem for Commercial Real Estate Investors

by Taylor Williams

By Lanie Beck, director of corporate research, marketing & communications, Stan Johnson Co. Situated on the banks of the Arkansas River in northeast Oklahoma’s Green Country, Tulsa is a hidden gem for residents, employers and commercial real estate investors.  Once recognized as the oil capital of the world, Tulsa has become a growing economic base for a variety of industries, including energy, finance, aviation, telecommunications and technology. Attractions and features of the city include the historic Route 66, the Philbrook and Gilcrease Museums, an Art Deco-inspired downtown, the award-winning Gathering Place Park and a vibrant resurgence of intown neighborhoods. Business, Population Boom Tulsa’s central U.S. location and operating costs that run below the national average, as well as a cost of living that is one of the lowest in the country for metro areas, make it incredibly desirable for businesses of all sizes.  To help drive awareness during the pandemic, the city launched a rejuvenation project called “Tulsa Remote” that provided financial bonuses to attract more affluent remote workers and enhance the city’s diversity and community. Tulsa’s attractive characteristics, combined with the metro’s active efforts, have contributed to a boost in population growth over the last few years. In 2021, …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts