Price Edwards & Company - Recent Transactions

08.29.2018

Retail Investment Team Brokers $5,151,000 Moore Retail Sale

Dallas-area-based Riverwalk Centre LLC has purchased the 78,127 SF Riverwalk Centre in Moore, for $5,151,000. The center is anchored by the vacant 60,000 SF Gordmans space. Gordmans declared bankruptcy in March 2017 and closed all its stores.  Urban Air, a multi-entertainment center, will be moving into the former Gordmans space. 

Urban Air will offer more than just a trampoline park. It will have go-carts, laser tag, bumper cars, a sky ride where children can get harnessed from the ceiling, and warrior courses as seen on the television show American Ninja Warrior. This location will be one of the largest Urban Airs in the country. Price Edwards & Company's Retail Investment Team consisting of George Williams, Paul Ravencraft, and Phillip Mazaheri handled the transaction.

Epic Charter Schools Leases 39,696 SF at 50 Penn Place

Epic Charter Schools has leased 39,696 SF at the iconic 50 Penn Place in Oklahoma City. Epic Charter Schools is the state’s largest virtual charter school with over 13,000 students with a focus on providing students and families with a learning environment that can meet an individual student’s unique needs. 50 Penn Place is an upscale mixed-use development in the Northwest part of Oklahoma City, Oklahoma.

The galleria-style shopping mall and tower is located at 1900 Northwest Expressway in the Penn Square trade area immediately at I-44 and Northwest Expressway, across from Penn Square Mall near the exclusive suburb of Nichols Hills. The complex consists of a 16-story office tower, and three levels of retail space. Price Edwards & Company's Retail Investment Team consisting of George Williams, Paul Ravencraft, and Phillip Mazaheri handled the transaction.

Datebox Inc. Leases 25,307 SF at Will Rogers Business Park

E-commerce company, Datebox Inc., has leased 25,307 SF of industrial warehouse space at Will Rogers Business Park from Bulk Industrial Group LLC.  The building is located at 7501 SW 29th street and will serve as the regional packaging and distribution center for the tenant.
 
Datebox is a monthly subscription service that is designed to help couples rediscover date night by sending everything they need for a fun, unique date.  The company was founded in Seattle and headquartered in Oklahoma City’s Buick Building at 1101 N Broadway.  Chris Roberts of Price Edwards & Company handled the transaction.