MidFirst Bank buys four buildings in Oklahoma City

Chesapeake Energy sells Oklahoma City buildings for $28.97 million.
Oklahoman Published: April 10, 2014
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In brief

MidFirst buys

4 buildings

MidFirst Bank paid Chesapeake Energy $28.97 million for four office buildings on Grand Boulevard from Chesapeake Energy Corp.

The buildings include One and Two Grand Park, and two smaller office buildings: 601 NW Grand Boulevard, which once housed the Oklahoma State Medical Association, and 625 NW Grand, that once housed the Central Oklahoma Homebuilders Association.

The sale was finalized on April 1, according to deeds filed at the Oklahoma County clerk’s office. MidFirst announced the purchase last week, but did not disclose the terms of the sale. The sale marks the second multimillion dollar real estate sale for Chesapeake in as many months.

In March, Chesapeake sold Classen Curve, Nichols Hills Plaza, and Triangle @ Classen Curve shopping centers to Ohio-based Glimcher Realty trust for $51.8 million.

From Staff Reports