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.
by Richard Mize Published: February 2, 2013
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• The lowest price per square foot: $44.92, paid by Timothy J. and Linda Curtis for a 9,672-square-foot building at 1324 S Fretz Ave., No. 100, built in 2006. The purchase price was $434,500. Kalidy Commercial Properties LLC was the seller.

• 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.

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...
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