Denver — 7E CO Holdings LLC, a division of Monfort Cos., has acquired a portfolio comprising 19 gas stations and convenience stores. Located across Southwest Oklahoma, the stores will all be operated under the Chisholm Corner brand name. Grant McWhirter of Southwest Petroleum Realty represented the seller, Bostick and Associates, in the transaction.
Oklahoma City — Veritas Development’s OAK, a 20-acre mixed-use project currently under development in Oklahoma City, has attracted tenants including RH, a home furnishing store; Arhaus, a furniture and design store; and Capital Grille, a steakhouse. RH will occupy 42,000 square feet, Arhaus will lease 17,000 square feet and Capital Grille will open a 10,000-square-foot restaurant. Additionally, Veritas has announced a 132-key boutique hotel in partnership with Gatehouse Capital, and 320 multifamily homes in collaboration with Mintwood Real Estate. Work at the project site began this summer, and vertical construction …
Bartlesville, Okla. — Stan Johnson Co. has brokered the sale of Silver Lake Village, an 87,750-square-foot shopping center in Bartlesville, roughly 45 miles north of Tulsa. Margaret Caldwell and Patrick Kelley of Stan Johnson represented the seller, GBT Realty Corp., which sold the center to an undisclosed buyer for $15.3 Million. The property was fully leased at the time of sale to tenants including T.J. Maxx, Ross Dress for Less, Petco, Ulta Beauty, Maurices, Kay Jewelers and Verizon. The center is shadow anchored by Lowe’s.
Minneapolis and Tulsa, Okla. — Commercial real estate capital markets platform Northmarq has agreed to acquire Stan Johnson Co., a Tulsa-based real estate brokerage and advisory firm, for an undisclosed price. The acquisition will include Stan Johnson’s affiliated debt services company, Four Pillars Capital Markets. Minneapolis-based Northmarq offers commercial real estate investors access to experts in debt, equity, investment sales and loan servicing. The company boasts an annual transaction volume of $33 billion and has 22 investment sales offices across 13 states. Stan Johnson Co. has closed nearly 7,500 transactions exceeding $45 …
Oklahoma City — A joint venture between DRA Advisors and RCG Ventures has sold 240 Penn Park, a 241,831-square-foot retail center located in Oklahoma City. Completed in 2006, the property was 99 percent leased at the time of sale to tenants including Marshalls, Ross Dress for Less, Michaels, PetSmart, Best Buy, Mardel, Saltgrass, Lane Bryant, Five Below, Charleston’s Restaurant and GNC. Ryan Shore, Chris Gerard, Greyson Fewin and Pauli Kerr of JLL represented the seller in the disposition of the property to Mazaheri Properties for an undisclosed price. The center …
Moore, Okla. — SRS Real Estate Partners has arranged the $10 million sale of a 53,872-square-foot retail property located at 790 SW 19th St. in Moore, roughly 10 miles south of Oklahoma City. Chris Tramontano and Aaron Johnson of SRS’ Investment Properties Group represented the seller, BlueCiel Oklahoma LLC, in the disposition of the property to Agree Realty. Built in 2018, the center was 93-percent occupied at the time of sale by tenants including Ulta Beauty and Burlington. The property is located within a larger center that is home to …
Cleveland — KeyBank Real Estate Capital (KBREC) has provided $51.6 million in acquisition financing to First National Realty Partners for three retail centers in Ohio, Oklahoma and Pennsylvania. Acquisitions include Southland Crossings, a 245,678-square-foot center in the eastern Ohio city of Boardman that is anchored by Giant Eagle, Michaels, Ross Dress for Less and PetSmart; Summit Square, a 166,552-square-foot property in Tulsa, Oklahoma, that is anchored by Reasor’s Foods, American Freight and Tuesday Morning; and The Village at Pittsburgh Mills, a 161,079-square-foot center in Tarentum, Pennsylvania, that is anchored by …
Tulsa, Okla. — Stan Johnson Co. has arranged the $7.3 million sale of a 13,225-square-foot retail property in Tulsa leased to CVS/pharmacy. The property was built in 2011. B.J. Feller of Stan Johnson Co. represented the seller in the transaction. A California-based institutional investor acquired the property. The deal traded at a cap rate of 5.25 percent and was executed via a 1031 exchange.
Tulsa, Okla. — First National Realty Partners has purchased Summit Square Shopping Center, a 166,552-square-foot retail power center in Tulsa. A 66,455-square-foot Reasor’s Supermarket anchors the property, which was 96 percent leased at the time of sale. Margaret Caldwell, Gill Warner and Patrick Kelley of Stan Johnson Co. represented the undisclosed seller in the transaction. The price was not disclosed.
Tulsa, Okla. — Stan Johnson Co., a retail brokerage firm based in Tulsa, has arranged the sale of three national single-tenant portfolios for $75.5 million. The portfolios consist of 40 properties across seven states that are leased to tenants such as Tractor Supply Co., Dollar General and Advance Auto Parts, among others. Ryan Butler of Stan Johnson Co. represented the undisclosed seller in the off-market transactions. The buyers were also not disclosed.