Retail Investment Team Brokers $9,600,000 Shopping Center Sale
The Price Edwards Retail Investment Team is proud to announce the sale of Casady Square in The Village, Oklahoma. GRP Investments Investments, LLC purchased the property from MVP Casady, LLC for $9,600,000. The shopping center consists of 136,772 square feet situated on 8.43 acres of land. Casady sold for $70.19/SF at an 8.51% CAP rate.
Waste Connections of Oklahoma Purchases OKC Industrial Facility
Waste Connections of Oklahoma paid $2,800,000 to CPI Realty, LLC for an 11,000 square foot industrial building. The property is located at 6601 SW 29th in Oklahoma City. The facility is situated upon 22 acres. Waste Connections intends to utilize the property as a future expansion for its business operations. Danny Rivera of Price Edwards & Company handled the transaction.
Coppertree Business Park Sells for $1,985,000
Francis Investments has purchased Coppertree Business Park, located at 401 N. Meridian, for $1,985,000. The property is a flex space development that consists of 3 buildings totaling 40,200 square feet. The business park is currently 100% occupied. Bob Puckett of Price Edwards & Company handled the transaction.
Midtown Medical Office Sells for $1,200,000
Evolution Properties, LLC recently purchased a 6,000 square foot medical office in the highly desirable Midtown District. The building is located at 1015 N. Shartel and sold for $1,200,000. The building will be used for a private medical practice. The property was purchased by Evolution Properties who will lease the building to the Arthritis and Rheumatology Clinic of Oklahoma City. Derek James of Price Edwards & Company handled the transaction.