Price Edwards Brokers $1,855,000 Sale of Edmond Industrial Property
200 NW 142nd LLC paid $1,855,000 to OKWarehouses LLC for a 27,000 SF Industrial building on 200 NW 142nd street in Edmond, OK. The property was built in 2008 and features all modern amenities including a 125 ft. truck court. Chris Roberts and Danny Rivera of Price Edwards & Company represented the buyer in the transaction.
Wildcat Tools Purchases Baker Hughes' Old Headquarters
Wildcat Oil Tools has purchased the industrial facility located at 801 N. Morgan Road for $775,000. The facility consists of three buildings containing a total of 16,160 square feet, with the total property size at 4 acres. The seller was Baker Hughes Oilfield Operations. The seller's operation will be moving to its new facility located at Santa Fe Avenue and the Kilpatrick Turnpike in Oklahoma City. Mark Patton of Price Edwards and Company handled the transaction.
Smart Shelter Renews Lease in Southeast Oklahoma City
Smart Shelter leased 12,320 square feet of industrial space at 4000 S. Prospect, Oklahoma City. It signed a 3-year triple net renewal lease. Smart Shelter has been at it's South Prospect location for the last 5 years. Mark Patton of Price Edwards and Company handled the transaction.
Phillip Mazaheri Earns CCIM Certification
Phillip Mazaheri, CCIM, Retail Investment Sales Advisor with Price Edwards and Company, has been awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute. The designation was awarded during the Institute’s Midyear business meetings April 5th in Chicago.
Phillip was among the 149 commercial real estate professionals who earned the designation by passing the CCIM Institute’s Comprehensive Examination, the final element in the designation process. This new group of CCIM designees hails from 38 U.S. states, the District of Columbia, and several provinces in Canada.
The CCIM designation is awarded to commercial real estate professionals upon successful completion of an advanced analytical curriculum and presentation of a portfolio of qualifying industry experience. The curriculum addresses financial analysis, market analysis, user decision analysis, and investment analysis — the cornerstones of commercial investment real estate. CCIMs are recognized experts in commercial real estate brokerage, leasing, asset management, valuation, and investment analysis.
Phillip was one of only two new designees from Oklahoma.