New Hemispheres site purchased
Hobby Lobby Stores Inc. paid $742,959 to buy 4.16 acres west of The Home Depot near Quail Springs Mall at NW 140 and Pennsylvania to build a new location for Hemispheres, its fine furniture subsidiary. The Hemispheres at 5561 Northwest Expressway will be relocated.
The seller was Dallas-based Rosebriar Quail Springs LP. Broker Mark Inman of CB Richard Ellis-Oklahoma represented Hobby Lobby and Adam Sumrall of Rosebriar Quail Springs represented the seller.
It will be the second new metro-area Hemispheres store in recent months. Construction continues on a Hemispheres at SW 19 and Telephone Road in Moore.
Devon gets Brownfield award
Devon Energy Center received the national Phoenix Award for transforming a former brownfield site — Devon Energy Corp.'s headquarters downtown — into a sustainable development that will have long-term impact. The award was presented during the National Brownfields Conference held in Atlanta.
Devon was the Region 6 winner for 2012, and was selected for the national award from among the 10 winning projects in each of the Environmental Protection Agency's regions.