Real estate briefs for April 27

Frankfurt Short Bruza wins central Oklahoma architecture award.
Published: April 27, 2013
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Firm wins architecture award

The American Institute of Architects Central Oklahoma Chapter recently awarded Frankfurt Short Bruza, Oklahoma City-based architecture and engineering firm, with the 2013 Solomon Andrew Layton Firm of the Year Award for the fourth time. The award, given every other year, recognizes a firm that has distinguished itself during the previous five years.

“Frankfurt Short Bruza is an important part of our community because of their contributions to the built environment, but more importantly for their leadership and community involvement, which is why they are so deserving of the Solomon Andrew Layton Award,” said Melissa Hunt, executive director of the Central Oklahoma Chapter of the American Institute of Architects.

Solomon Andrew Layton, 1864-1943, the most noted architect of early-day Oklahoma City, created designs for many of the state's most notable structures the Skirvin Hilton Hotel and the state Capitol.

Team completes federal deals

Sperry Van Ness's National GSA Team of Tim Strange in Oklahoma City and Mark Phillips in Phoenix have completed two notable General Services Administration transactions: a $6.95 million U.S. Border Patrol building sale in Deming, N.M., and a $4 million federal courthouse sale in Pecos, Texas.

Phillips and Strange represented the seller, Oklahoma-based Dominion Group, who also was the developer and sole owner of both properties for the past 13 years. Bruce Marshall, Managing Director of Sperry Van Ness/Datavest Inc., represented the buyer, UIR, a private equity group.

“Demand for GSA properties has continued to grow as investors seek out safer havens for investments in uncertain times,” said Strange, who co-founded the SVN National GSA Team and is managing director of Oklahoma City's Sperry Van Ness/William T. Strange & Associates. “These two latest deals are great indicators that GSA demand has not stopped, that there is a fundamental strength to this type of asset that rises above market shifts.”

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