January 2020

January 31, 2020 Published by admin

2020 is off to a busy start!! Frisbie Lombardi Commercial Real Estate is proud to announce the following transactions:

Mixed-use, Brookside building at 4206 S Peoria in Tulsa has sold.  This historic building, once home to diners, restaurants and European auto dealers (BMW, Volkswagon, Rinault) is perfectly positioned for mixed-use, infill redevelopment.  The bustling activity in the Brookside Corridor is continuing to bring new life to existing buildings as well as redevelopment opportunities.  We see sustainable upside in this market segment and have other opportunities in Brookside available for sale or for lease.

Special use building at 8611 E 21st in Tulsa has been leased.  This fantastic ~14,496/sf building on ~4.45 acres is a great example of well-positioned, well-maintained improvements with plenty of real property for expansion.  Nearby access from 169 and frontage on 21st gives this piece of commercial real estate great upside potential for the tenants.

Industrial campus at 111011 Old Highway 169 in Checotah, OK has sold.  Sprawling light industrial campus comprised of just under 70,000/sf of improvements on just over 22 acres.  This property was in need of some attention, but the opportunity for this much space under roof and a parcel with robust utility capacity made it a great candidate for new industry along the I-40 corridor in southeast Oklahoma.

Retail space at 9700 N Garnett in Owasso, OK has been leased.  Physical therapy tenant joins Pie Five Pizza and Owasso Express Laundry at one of the best strip retail locations in Owasso.  Additional properties are available in Owasso for retail in-line, build-to-suit or ground lease — please call or email us for specific properties that may suit your needs.

Mini-storage property at 1315 N Mingo in Tulsa has been sold.  60 mini-storage rental units with an additional acre of outdoor storage.  These do not come up this often and we had it under contract before we had a chance to put together marketing materials or even put up a sign.  Investment grade commercial real estate is a hot commodity in today’s market and we have a client list second to none in getting this assets acquired.

 

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