Stan Johnson Completes Sale of Victory Energy Headquarters in Oklahoma for $9.3M

by Haisten Willis

COLLINSVILLE AND CUSHING, OKLA. — Stan Johnson Co. has completed the sale of a portfolio leased to Victory Energy. Triple Net Acquisitions purchased the portfolio for $9.3 million in Oklahoma. The site in Collinsville includes Victory Energy’s Class A corporate headquarters. The property in Cushing operates as a manufacturing and distribution facility. Both Victory Energy properties are located in metro Tulsa, an area that accounts for nearly one-third of the manufacturing in Oklahoma and over 56,000 energy-related jobs. The sale-leaseback proceeds will support Victory Energy’s plan for an additional 101,000-square-foot facility. Camille Renshaw of Stan Johnson Co.’s New York office represented the seller in the sale of the portfolio.

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