Newmark Grubb Levy Strange Beffort is back downtown after a decade in the suburbs.
The 108-year-old commercial real estate firm, which started out downtown, has moved from Valliance Tower, 1601 Northwest Expressway, to the seventh floor of historic City Place, 204 N Robinson Ave.
“We have a significant investment in downtown Oklahoma City,” CEO Mark Beffort said. “Downtown is on the cusp of tremendous redevelopment that will continue for decades and we plan on being a part of it.”
The firm began downtown in 1905 when Chairman of the Board Harrison Levy’s grandfather, Leon Levy, founded Levy Brothers on the seventh floor of the Mercantile Building, 30 N Hudson where it flourished in the booming years around statehood.
The location remained unchanged until 1971, when the renamed Harrison Levy Co. relocated to offices at N Western and Grand avenues. until 2004, when a merger with Beffort Brooks Hogan led to new offices in Valliance Tower.
Grubb & Ellis Beffort Brooks Hogan also had seen growth and success while headquartered downtown at Corporate Tower, 101 N Robinson Ave., seventh floor.
Beffort and business partner Roy T. Oliver, who acquired Corporate Tower in 2000, took additional significant stakes downtown in 2005 with the purchase of Leadership Square, 211 N Robinson, and Oklahoma Tower, 210 Park Ave. The investment team added City Place to their investments in 2008, renovating and converting the top seven floors to residential condos.