TULSA — Oklahoma City-based Price Edwards & Co. is combining with Beacon Commercial Group Ltd. in Tulsa to expand Price Edward's commercial real estate presence here.
Tanda Francis founded Beacon Commercial Group in 2007. Francis has been active in commercial real estate for more than 25 years, including 14 years with Trammell Crow Co.
She has handled office, industrial, retail and land transactions and properties for clients including CIGNA, Archon, Granite Properties, CALPERS, ProLogis and Allstate. Also joining the combined operation is Lisa Heller, sales associate and property manager. Heller joined Beacon at its founding after 25 years with Trammell Crow and Williams Realty.
Price Edwards & Co. was founded 1988. The combined operation, continuing under the Price Edwards name, has a portfolio of more than 100 office, retail, industrial and multifamily properties across the state for both institutional and individual investors, totaling roughly 10 million square feet.
IBC Bank has already engaged the firm to manage and lease its 60,000-square-foot office building at 2250 E 73rd St.
The firm has a leasing, brokerage and property management staff of about 150 people. It has been the largest commercial real estate firm in Oklahoma City for several years.
“The last six-plus years have been rewarding and satisfying. I was always thinking about the future and how to move my business forward,” Francis said. “Price Edwards & Co. emerged as a possibility, and the more I looked into the firm's history, met their people, and understood the scope of their technology platform, the more I became convinced this was the right fit and complemented my strengths in the Tulsa market.”
Ford Price, managing partner of Price Edwards, said he had long wanted to strengthen the firm's presence in Tulsa.
“We have been operating in Tulsa for several years managing a number of commercial properties, and have been quietly exploring the Tulsa market to identify who we believed was the right person to serve as the leader of our firm locally,” Price said. “Tanda has an incredible track record, is a very talented and dedicated broker, and I am confident she will be able to grow our presence in the Tulsa market in the years to come.”