Syndicated Equities Acquires Oklahoma City Office Building For $47M

The office property located at 616 North Broadway Avenue in Oklahoma City, OK has been sold in a closed transaction. The property spans a total area of 111,503 square feet and was sold at a price of $47,000,000, resulting in a price per square foot of $422. The buyer of the property is Syndicated Equities, while the seller is Real Capital Solutions. The deal was facilitated by Ken Hedrick from Newmark.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $47,000,000
• Square Footage: 111,503
• Price per Square Foot: $422
• Address: 616 North Broadway Avenue, Oklahoma City, OK
• Market: Oklahoma City, OK
• Buyer: Syndicated Equities
• Seller: Real Capital Solutions
• Broker: Ken Hedrick - Newmark

This transaction showcases the successful collaboration between Syndicated Equities as the buyer, Real Capital Solutions as the seller, and Ken Hedrick from Newmark as the broker. The sale of this office property exemplifies the strong real estate market in Oklahoma City, with a transaction amount of $47,000,000 and a price per square foot of $422.