06.11.2010

In response to a 100% annual increase to its website from mobile users, Price Edwards & Company has reconfigured priceedwards.com to allow for easier use and reading on devices like the iPhone, Blackberry, and Android.

Users will be able to more readily access properties for sale or lease by asset type, with the location of each property integrated into the mapping feature of the phone, with the ability to then click on any brokers phone number for automatic dialing to obtain more information.

A company video is also included.

05.27.2010

In early May, Jim Parrack was named receiver for a portfolio of eight Tulsa properties that include, the Pomeroy, Southern Hills, the Magnolia, Savannah South, Brixton, Fulton, Salida Creek, and Cedar Crest in Owasso.

Price Edwards & Company was selected to manage the portfolio.

The properties all have significant management and operational issues that Price Edwards has begun to address.

Actions are being immediately implemented to preserve and improve the properties.

05.26.2010

David Dirkschneider and Phillip Mazaheri brokered the sale of Falls Creek Apartments located at 7032 NW 16th Street in Oklahoma City.

Falls Creek is an 88 unit multifamily property located in northwest Oklahoma City.

Phillip represented the Buyer, Falls Creek LLC, who purchased the property for $990,000.

The Buyer has immediate plans to renovate and reposition the property and bring the currently low 50% occupancy up to a market average.

David represented the out of state owner, Arapahoe Limited VII, a Colorado Limited Partnership.

05.25.2010

The Price Edwards retail leasing team has been selected to lease the Village at Woodland Hills in Tulsa.

The Center was remodeled by ownership when they purchased the property; the property is located in the heart of Tulsa’s retail district at 6808 S. Memorial Drive. The property features Sun & Ski Sports, Windsor Antiques, Cinemark Theater and a strong line-up of shops and restaurants.

Price Edwards currently leases and manages over 1 million square feet in the Tulsa market.

05.05.2010

Cordell Brown of Price Edwards & Company’s Investment Sales Division brokered the sale of the May Ten Shopping Center to May Ten, LLC.

The sales price was $1,200,000.

This neighborhood mainstay has been anchored by Whittaker Foods for over 25 years.

Built in 1970, this 41,325 square foot retail strip sits on nearly four acres.

MayTen Trade Center, LLC was the seller.

04.23.2010

Mark Patton recently joined Price Edwards & Company as an industrial leasing and sales broker.

During the previous 30 years, he had been associated with Gerald Gamble Co where he handled some of the city’s largest industrial transactions, including those for Baker-Hughes, Wilson Industries, Wood Group, Pumpco, Freymiller Trucking, United Rentals, Tidwell Properties and Oklahoma Industries Authority.

04.23.2010

Phillip Mazaheri of Price Edwards & Company’s Investment Sales Division brokered the sale of Memorial Medical Plaza to Hilltop Plaza, LLC.

The sales price was $2,795,000.

The Class A building, located just north of Memorial Road across from Mercy Hospital, contains 18,336 square feet and was 94% leased.

It was built in 2007.

The seller was Walther Properties.

Price Edwards & Company has brokered the sale of over 50 office and medical office properties.

 

04.21.2010

Price Edwards & Company has been selected to manage and lease the three property portfolio of Mayfair Village, Edmond Market Place, and Midland Center.

The properties comprise over 329,000 square feet and are all well located within their submarkets. Tenants include Conn’s, Panera Bread, Delta Café, Steinmart, Michaels and numerous other local and regional favorites.

Kathi Risk will be the property manager for the portfolio. Susan Brinkley, Ev Ernst, Laci Jackson and Brandy Rundel  will handle leasing.

03.23.2010

I was recently asked about the prospects for Bricktown retail.

Probably the best place to start is to discuss what Bricktown has become: an entertainment district containing primarily restaurants and clubs with a focus on tourism.

 It tends to draw most of its traffic in the evenings and particularly on the weekends. And, much of the traffic is out of town visitors and people from the suburbs.

02.19.2010

Price Edwards & Company is now leasing Mountain View Mall is located on the NWC of 12th Avenue and Commerce Street in Ardmore, Oklahoma.

 

The 262,619 SF of retail is situated directly across the Street from Mercy Memorial Hospital and is adjacent to Wal-Mart Super Center.

The community is located halfway between Dallas and Oklahoma City. It is the largest Oil-Producing county in Oklahoma with a trade population of 124,800. It is the economic center for North Texas and South Oklahoma.