Bob Puckett, an industrial broker with Price Edwards, assisted Nash-Finch Company of Minneapolis in a long term search for a major distribution facility in Oklahoma. After considering multiple buildings across central and southern Oklahoma, Nash-Finch purchased and is rehabilitating two former Fleming facilities. A freezer/cooler building containing 110,000 square feet at 1301 S.E. 59th as well as an adjacent 432,000 square foot dry storage warehouse were purchased from separate ownership groups for $4,250,000 and $6,750,000 respectively. These buildings will be used to supply groceries to commissaries on military bases in Oklahoma and surrounding states. This project involved close coordination with the Oklahoma State Department of Commerce and the Oklahoma City Chamber of Commerce. The client expects to create 200+ jobs at this facility.
Oklahoma City, OK — Fitness 19 recently secured four new locations in the Oklahoma City area taking about 40,000 square feet of vacant retail space off of the market. Two of the new locations are in Casady Square and Edmond Plaza, both listed in the Price Edwards portfolio. Each location is scheduled to open before the end of the year and is already pre-selling memberships. Laci Jackson with Price Edwards was the broker on both deals.
Founded in 2003, Fitness 19 has locations nationwide (including the four new gyms in the Oklahoma City Metro) and is currently operating in 27 states. They provide top quality cardio, free weight and strength equipment at an affordable price. The gyms are stocked with world-class equipment from leading manufacturers such as Life Fitness and Hammer Strength. They focus on giving their members the most value for their money.
For more information on Fitness 19, log onto fitness19.com.