Price Edwards & Company Transaction Announcement

February 27th, 2014
Investment, Office, Retail

5005 N. Lincoln Sold for $3,000,000

HL Investments, LLC paid $3,000,000 to Fifty-O-Five North Lincoln Associates, LLC and Bricktown Properties, LLC for an Office property at 5005 N. Lincoln, Oklahoma City. Craig Tucker and Cordell Brown handled the transaction.  The 37,000 SF building was constructed in two phases in 1969 and 1974 and serves as the home to several large insurance companies, including Southwestern Insurance and CL Frates and Company.  HL Investments is a subsidiary of Hobby Lobby.
  
Atrium Tower Leases South Tower

American Energy Management Services, LLC leased 79,436 square feet of office space in Atrium Towers - South at 3501 N.W. 63rd Street, Oklahoma City.  Craig Tucker handled the transaction.  AEP was formed in 2013 and is experiencing rapid growth.  The company’s lease encompasses the entire south tower of the project.

Mathis Brothers Purchases Out Parcel for $1,100,000

Mathis Brothers successfully purchased a 60,000 SF out parcel at the N/E corner of SE 29th and N Marshall Drive in Midwest City, OK for $1,100,000.  The out parcel will be utilized for a brand new Mathis Brothers Sleep Studio location serving the greater Mid West City and Del City area.  Karleen Krywucki and Everest Ernst with Price Edwards and Company handled the transaction on behalf of Mathis Brothers.