DRA Advisors, RCG Ventures Sell 240 Penn Park in Oklahoma City

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 was completed in 2006 and is located at 1401 SW 74th St.