Nine big boxes filled in Oklahoma City

Fitness centers, a grocery, a for-profit college and medical clinic were among the users leasing and buying up retail space since last summer, according to brokers with CB Richard Ellis-Oklahoma.

 
FROM STAFF REPORTS | Published: February 16, 2013    Comment on this article Leave a comment

Nine transactions in the second half of 2012 reduced the amount of big-box retail space in the metro area by 340,728 square feet, a reduction of 34 percent, according to brokers Mark Inman and Stuart Graham of CB Richard Ellis-Oklahoma.

photo - U.S. Foods’ Chef’Store will open soon at 515 SW 74, along Interstate 240 near Walker Avenue, in the former Ultimate Electronics. Photos by PAUL B. SOUTHERLAND, The Oklahoman
U.S. Foods’ Chef’Store will open soon at 515 SW 74, along Interstate 240 near Walker Avenue, in the former Ultimate Electronics. Photos by PAUL B. SOUTHERLAND, The Oklahoman

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The deals:

• Gold's Gym leased 19,000 square feet, a portion of the former Baker's Supermarket at Penn Crossing Shopping Center on the northeast corner of NW 23 and Pennsylvania Avenue.

• Planet Fitness leased 21,217 square feet, a portion of the former Hobby Lobby in Brookwood Shopping Center on the southeast corner of SW 89 and Western Avenue.

• Heritage College absorbed the former 46,011-square-foot Best Buy on the northeast corner of Interstate 240 and I-35.

• Developer Jim Tapp bought 27,000-square-foot Westpark Mall on the northwest corner of NW 63 and MacArthur Boulevard in Warr Acres and plans to demolish it, reportedly to develop a grocery store.

• Goodwill leased 33,500 square feet, a portion of the former Albertson's Supermarket on the northwest corner of Britton Road and May Avenue in The Village.

• Golfsmith leased the 33,000-square-foot former Ultimate Electronics on the southwest corner of Memorial Road and N Pennsylvania Avenue.

• Accident Care & Treatment Center bought the 25,000-square-foot former Border's Books on the north side of Northwest Expressway between May Avenue and Lake Hefner Parkway.

• Gold's Gym leased 14,000 square feet of the 50,000-square-foot former IGA supermarket on the northeast corner of I-40 and SE 15 in Del City.

• MWC Storage Investors LLC bought the 122,000-square-foot former Walmart on the southwest corner of Reno Avenue and Midwest Boulevard in Midwest City.





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