http://okc.biz/oklahoma/articles.sec-33-1-commercial-real-estate.html Mid-South Redevelopers LLC purchased a 195,702-square-foot office building at 315 N. Robinson for $16.3 million from GPT Properties Trust. It was built in 1992 and is leased to the Internal Revenue Service. American Eagle Title Group handled the closing.]]>
]]> Judy J. Hatfield with Equity Commercial Realty LLC brokered the sale of the University Falls Apartments in Norman for $1.375 million. The seller was Paramount Investment Management LLC, and the buyer was Asset Planning & Administration Inc. The new owner plans to keep renting the 32 units as apartments. There are two floor plans that offer residents a one-bedroom flat or a townhouse/loft-style apartment. Rhonda Collett with Cleveland County Abstract handled the closing.]]> MWC Storage Investors LLC purchased a former Walmart building and the surrounding land at 7500 E. Reno in Midwest City for $1.375 million from Walmart Realty Company. The 122,000-square-foot building sits on 17.5 acres. The property is slated to become a multi-use area. Rod Baker with Baker First Commercial Real Estate, and Donna Kolius with CB Richard Ellis in Houston, handled the transaction. Chicago Title and Trust Company handled the closing.]]>
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]]> The 159-unit Brighton Place Apartments at 7000 S. Walker Ave. sold for $3.2 million. The seller was Kelley Property Investment LLC, and the buyer was Gupta Family Holdings LLC. The complex comprises 118,600 square feet and was built in 1975. Eva Wills, William Forrest and David Forrest with CB Richard Ellis|Oklahoma handled the transaction. Jackie Hatton with Oklahoma City Abstract and Title Company handled the closing.]]>
]]> 100 Main LLC, led by Steve Hurst, purchased the Century Center mall and parking structure at 100 W. Main in Downtown OKC for $2 million. Built in the mid-1970s, the 115,000-square-foot center was once a thriving office and retail spot — and was even once home to an FAO Schwarz toy store — but fell into decline after the oil bust in the mid-1980s. The new owners plan to reposition the building as a retail destination and office space. David Huffman with Wiggin Properties LLC represented the seller, and Tim Strange and Zach Martin with Sperry Van Ness/William T. Strange and Associates represented the buyer in the transaction. Andy Burnett and Daniel Ojeda with SVN will handle leasing.
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]]> Los Angeles-based Post Investment Group LLC purchased the Village at Quail Springs, 14520 N. Pennsylvania Ave., from Village at Quail Springs LLC for $21.45 million. Andy Burnett and David Burnett with Sperry Van Ness/William T. Strange & Associates handled the transaction. It is the largest apartment sale in the metro this year to date. The price breakdown was about $77,700 per unit. It was built in 2009.]]> SIR Spring Creek LLC purchased Spring Creek Apartments in Edmond for $19.35 million. The seller, WC/TP Spring Creek LLC, purchased it for $8.475 million in 2008, according to county records. The property at 777 E. 15th St. was built in 1974, has 252 units and totals 260,520 square feet. Between 2008 and 2010, it underwent a major renovation. William Forrest, David Forrest and Eva Wills with CB Richard Ellis|Oklahoma handled the transaction. First American Title Co. handled the closing.]]> OKLAHOMA COUNTY]]> OKLAHOMA COUNTY]]> Oklahoma County]]> Oklahoma County]]> Oklahoma County]]> Oklahoma County
]]> The Chieftain Motel, 8100 S. Shields Blvd. in south Oklahoma City, has a new owner. Jalaram Hospitality purchased the 6,087-square-foot property, built in 1954, from Bharatbhai and Nirmalaben Patel for $400,000. Stewart Abstract & Title handled the closing. –Kelley Chambers]]>