Commercial realty firm is back in downtown Oklahoma City

Newmark Grubb Levy Strange Beffort, a commercial realty firm that has historic ties to the Central Business District, is headed back to downtown Oklahoma City.
by Richard Mize Modified: February 12, 2014 at 8:24 pm •  Published: February 12, 2014
Advertisement
;

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.

Continue reading this story on the...

by Richard Mize
Real Estate Editor
Real estate editor Richard Mize has edited The Oklahoman's weekly residential real estate section and covered housing, commercial real estate, construction, development, finance and related business since 1999. From 1989 to 1999, he worked...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Dog rescued after being stuck in hot tar
  2. 2
    AC/DC's Malcolm Young has dementia, family says
  3. 3
    'Big Brother' star reveals he is HIV positive
  4. 4
    Texas girl missing for 12 years is recovered in Mexico
  5. 5
    PHOTO: Dez Bryant poses for pictures at Texas high school homecoming
+ show more