• Colony Developers LLC paid The First Christian Church of Oklahoma City $6,375,000 for 30.1 acres of land at 3700 N Walker Avenue in Oklahoma City. The majority of the property will be developed as single family residential lots with 21 townhouse lots on the corner of NW 36th and N. Walker. There will be approximately 14 acres of green belt and outdoor recreation area in the development. Cordell Brown handled the transaction. An office building located at 301 NW 36th Street was included in the purchase and Cordell Brown is also handling that property, which is being offered for sale.
• 1400 Lonnie Abbott Blvd in Ada has sold for $1,923,000 to a local investor. This 5,600SF strip center, situated on a 0.95-acre lot, features three tenants and occupies a prime location along Ada’s main retail corridor. The Price Edwards Retail Investment Team, George Williams, CCIM, and Paul Ravencraft, represented the seller in the transaction.
• After a market review, CSC Serviceworks, Inc., a leading provider of laundry solutions and air vending services, has chosen to renew its lease for 17,500 square feet of industrial space at 2309 N Sweet Gum Ave, Broken Arrow. Josh Love and Tanda Francis handled the transaction.
• McCoy & Orta, P.C., a nationally recognized law firm that focuses on Commercial Mortgage-Backed Securities (CMBS), has elected to renew its lease for 14,542 square feet at BancFirst Tower, 100 N Broadway in Oklahoma City. Tre Dupuy and Ian Self handled the transaction.
• Marca USA LLC, a window and door manufacturer and distributor headquartered in Mexico, has decided to enter the U.S. market and has leased 7,500 square feet of industrial space at the Space Center, located at 7101 E 38th Street in Tulsa. The competitive rent rate, dock-high loading, location and ideal office-to-warehouse ratio made this location an excellent fit for their needs. Josh Love and Tanda Francis handled the transaction.
• Express Flooring expanded their footprint in the Oklahoma City market by leasing an additional 5,000 square feet of industrial space for additional distribution at 4100 Will Rogers Parkwayin Oklahoma City. Andrew Holder handled the transaction.
