Fenway Capital Advisors Acquires Office Property From WPX Energy In Tulsa For $65M

Fenway Capital Advisors acquired an office property located at 222 North Detroit Avenue in Tulsa, OK. The transaction was completed for a sale price of $65 million, involving a total square footage of 260,283. The price per square foot for the property was established at $250.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $65,000,000
• Address: 222 North Detroit Avenue
• Market: Tulsa, OK
• Square Footage: 260,283
• Price per Square Foot: $250
• Buyer: Fenway Capital Advisors
• Seller: WPX Energy
• Mortgage Amount: $45,000,000
• Lender: JLL Capital Markets

The buyer, Fenway Capital Advisors, and the seller, WPX Energy, were key players in this transaction. JLL Capital Markets facilitated the arrangement of a $45 million mortgage to support this acquisition.