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Oklahoma City real estate briefs for May 18, 2013

Hemispheres store planned near Quail Springs Mall in Oklahoma City
Modified: May 17, 2013 at 7:22 pm •  Published: May 18, 2013
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New Hemispheres site purchased

Hobby Lobby Stores Inc. paid $742,959 to buy 4.16 acres west of The Home Depot near Quail Springs Mall at NW 140 and Pennsylvania to build a new location for Hemispheres, its fine furniture subsidiary. The Hemispheres at 5561 Northwest Expressway will be relocated.

The seller was Dallas-based Rosebriar Quail Springs LP. Broker Mark Inman of CB Richard Ellis-Oklahoma represented Hobby Lobby and Adam Sumrall of Rosebriar Quail Springs represented the seller.

It will be the second new metro-area Hemispheres store in recent months. Construction continues on a Hemispheres at SW 19 and Telephone Road in Moore.

Devon gets Brownfield award

Devon Energy Center received the national Phoenix Award for transforming a former brownfield site — Devon Energy Corp.'s headquarters downtown — into a sustainable development that will have long-term impact. The award was presented during the National Brownfields Conference held in Atlanta.

Devon was the Region 6 winner for 2012, and was selected for the national award from among the 10 winning projects in each of the Environmental Protection Agency's regions.

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