Edmond, OK, not known for industrial realty
Retail space, housing and office sales are the stuff of property development and sales in the Oklahoma City suburb of Edmond, not industrial.
• The smallest in price: $259,000 ($80.94 per square foot), paid by the Scott Andrew Beauchene and Joetta Kay Beauchene Trust for a 3,200-square-foot building at 200 NW 132, built in 1999. Diversified Properties LLC was the seller.
Detailed office property sales were not presented, but Turner & Co. reported that Edmond saw 11 sales in 2012 for a combined $9,297,000 involving a total of 52,369 square feet of space and an average price per square foot of $120.80; the high was $186.60 and the low was $55.40.
As for retail, there were 25 sales of stores, shopping centers and land, according to Price Edwards & Co., for a combined $41,695,500 involving a total of 344,454 square feet of space.
Retail property purchase prices ranged from $160,000, paid by GPROP LLC for a 2,184-square-foot store at 113 S Broadway to $8.8 million, paid by Store Capital Acquisitions LLC for 4 acres at 13111 Broadway Extension.
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