PEC Retail Investment Team Announces Recent Sales

September 10th, 2014
Investment, Retail

Price Edwards & Company is pleased to announce the sale of Quail Springs Shoppes, prime real estate in the heart of the Memorial Corridor.

Quail Springs Shoppes are located in the center of the Memorial Corridor in Oklahoma City, Oklahoma.  The 17,000 square foot center has approximately 262 feet of frontage on Memorial Road.  Quail Springs Shoppes is anchored by Men's Wearhouse with the building construction completed in 2005.

Price:  $4,368,620

Price / SF:  $256.98

Improvement SF:  17,000

Land Size:  1.59 +/- acres

Buyer:  S.M.J. Industries, Inc. and Beckham Operating Cooperation

Seller:  Quail Springs Shoppes, LLC

Closing Date:  May 31, 2013

Paul Ravencraft and Phillip Mazaheri, Retail Investment Team Specialists with Price Edwards & Company, handled the transaction.


 

PEC Announces Sale of Chuck E. Cheese at Townesouth Center

 

Chuck E. Cheese
7601 S. Walker, Oklahoma City, OK

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Price Edwards & Company is pleased to announce the sale of Chuck E. Cheese at Townesouth Center, prime real estate in the heart of South Oklahoma City.

Chuck E. Cheese is located on the southwest corner of the Townesouth Center development on Interstate 240 and South Walker in Oklahoma City, Oklahoma.  The 12,267 square foot building has approximately 1.36 acres of land.  Townesouth's shadow anchor tenants include Gold's Gym and On the Border.  The building was constructed in 2006.

Price:  $1,220,000

Improvement SF:  12,267

Land Size:  1.36 +/- acres

Buyer:  MVP Investments, LLC

Seller:  Oak Tree Capital, LLC

Closing Date:  May 22, 2013

Paul Ravencraft and Phillip Mazaheri, Retail Investment Team Specialists with Price Edwards & Company, handled the transaction.