Oklahoma

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DevelopmentFloridaNewsOklahomaRetailersVirginia

The Spice & Tea Exchange Signs New Franchise Deals Across Oklahoma and Virginia

by Abby Cox

St. Augustine, Fla. — St. Augustine, Florida-based specialty retail brand The Spice & Tea Exchange has signed a franchise agreement to open seven new stores across Oklahoma and Virginia. The newly signed agreements include one unit in Guthrie, Oklahoma; two, three-unit development deals in Fredericksburg, Charlottesville and Roanoke, Virginia; and Lexington, plus two additional territories to be announced. These deals build upon the brand’s existing footprint in Sulphur, Oklahoma, and Richmond and Williamsburg, Virginia. Development timelines and projected opening dates for the new locations will be released in the coming …

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OU-Performance-Venue
DevelopmentEntertainmentNewsOklahoma

Rainier, University of Oklahoma Foundation to Build $1.1 Billion Rock Creek Entertainment District in Norman

by Abby Cox

Norman, Okla. — Rainier Development Co. has executed a master development agreement with the University of Oklahoma Foundation for the planned Rock Creek Entertainment District, a $1.1 billion project in Norman. Rainier will lead planning, design, coordination and development of the 269-acre district in collaboration with Cleveland County, the City of Norman, the University of Oklahoma, community stakeholders and other development partners. Rock Creek Entertainment District is envisioned as a year-round destination that will include an 8,000-seat performance venue designed to host concerts, conventions and community events, as well as …

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IKEA
CaliforniaDevelopmentIllinoisNewsOklahomaRetailers

IKEA to Open 10 New Stores in 2026

by Abby Cox

Conshohocken, Pa. — IKEA plans to open four additional U.S. stores in 2026, building on the six locations the company previously announced. The newest stores will be located in metro Chicago; Tulsa, Oklahoma; Fort Collins, Colorado; and suburban Los Angeles. In 2025, IKEA opened 14 new retail locations, including two new small-format stores in Arcadia, California; and San Marcos, Texas. Nine “Plan & Order Points” with integrated pickup services were also launched in markets such as Charlotte, North Carolina; Roseville, Minnesota; and Ontario and Colma, California. The 2026 new store openings …

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Lakeview-Pointe
Investment salesNewsOklahoma

Hanley Investment Group Arranges $22.5 Million Sale of Lakeview Pointe Shopping Center Near Oklahoma City

by Abby Cox

Stillwater, Okla. — Hanley Investment Group Real Estate Advisors has arranged the $22.5 million sale of Lakeview Pointe Shopping Center, a 207,406-square-foot power center located in Stillwater, approximately two miles north of Oklahoma State University. Best Buy, Ross Dress for Less, Belk, Five Below and Petco anchor the center, which was 95 percent leased at the time of sale. Additional tenants include IBC Bank, Olive Garden, Texas Roadhouse, Lowe’s Home Improvement, Panda Express and Rack Room Shoes. Roughly 78 percent of Lakeview Pointe’s tenants have operated at the site for more …

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ArizonaFloridaInvestment salesNewsNorth CarolinaOklahomaTexas

Partnership Acquires Multi-State Shopping Center Portfolio for $429 Million

by Abby Cox

Elmsford and New York City, N.Y. — DLC, in partnership with a fund managed by DRA Advisors, has acquired a multi-state shopping center portfolio in an off-market transaction for $429 million. Totaling 2.1 million square feet, the portfolio comprises eight shopping centers across five states. The seller was not disclosed. The properties include Central Texas Marketplace in Waco, Texas; Portofino Shopping Center in the Houston suburb of Shenandoah; Watauga Pavilion in the Dallas suburb of Watauga; Shops at Park Place in Plano, Texas; Pavilion at King’s Grant in the northeast Charlotte …

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Heisman Square
Grocery-anchoredInvestment salesNewsOklahoma

STRIVE Negotiates Sale of 28,875-Square-Foot Retail Center Near Oklahoma City

by Abby Cox

Norman, Okla. — STRIVE has negotiated the sale of Heisman Square, a 28,875-square-foot retail center located in Norman, near the University of Oklahoma campus. Local grocery chain Homeland anchors the property, which was 87 percent leased at the time of sale. Other tenants at Heisman Square include Ace Hardware, Cato, At The Beach and Supercuts. Braden Bratcher and Hudson Lambert of STRIVE represented the seller, a Los Angeles-based private partnership, and sourced the buyer, a Southeast-based partnership, in the transaction. The sales price was not disclosed.

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Triangle at Classen
Grocery-anchoredInvestment salesNewsOklahoma

Bain Capital, 11North Partners Acquire Three Lifestyle Retail Centers in Oklahoma City for $212 Million

by Abby Cox

Oklahoma City — A joint venture between Bain Capital and 11North Partners has acquired three open-air, lifestyle retail centers in Oklahoma City for $212 million. The nearly 40-acre portfolio includes Nichols Hills Plaza, The Triangle at Classen Curve and Classen Curve, which totals 290,598 square feet, according to Oklahoma City Retail. Located near Integris Baptist Medical Center and Chesapeake Energy Corp., the three centers are anchored by Whole Foods and Trader Joe’s. There are more than 50 additional tenants throughout the properties, including Warby Parker, lululemon, West Elm, Anthropologie, Sephora and …

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Ponca Shopping Center
Investment salesNewsOklahoma

Legacy Realty Group Facilitates Sale of 89,874-Square-Foot Shopping Center in Ponca City, Oklahoma

by Abby Cox

Ponca City, Okla. — Legacy Realty Group has facilitated the sale of Ponca Shopping Center, an 89,874-square-foot retail center located in Ponca City, approximately 21 miles south of the Kansas border. Hobby Lobby, Bealls and Dollar General anchor the property, which was fully leased at the time of sale. The center sits on six acres. Jacob Baruch and Daniel Baruch of Legacy Realty Group Advisors represented both the buyer and seller in the transaction.

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Investment salesNewsOklahoma

CBRE Arranges Sale of 16,400-Square-Foot Shopping Center in Edmond, Oklahoma

by Hayden Spiess

Edmond, Okla. — CBRE has arranged the sale of Shops at Grove, a 16,400-square-foot shopping center located in Edmond. Tenants at the center, which was 92 percent occupied at the time of sale, include AT&T, Qdoba, Great Clips, Inaka Sushi, Sun Lounge and Bloom Beauty Nail and Spa. An entity doing business as HD Investments LLC acquired the property from an entity doing business as South Hampton Center LLC for an undisclosed price. Michael Austry, Jared Aubrey, Stuart Graham and Mark Inman of CBRE represented the seller in the transaction. 

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CVS_Norman-Okla
Investment salesNewsOklahoma

Boulder Group Negotiates $3.7 Million Sale of Single-Tenant Retail Property in Oklahoma

by Hayden Spiess

Norman, Okla. — The Boulder Group has negotiated the $3.7 million sale of a single-tenant retail property located in Norman. CVS/pharmacy occupies the building, which is situated adjacent to a regional hospital. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the California-based buyer in the transaction. 

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