Bryant Square retail center in Oklahoma City metropolitan area trades hands

Erin Lazarus.

DALLAS, TX  –  JLL Capital Markets has secured the sale of Bryant Square, a 272,135-square-foot retail center in Edmond, Oklahoma, part of the Oklahoma City metropolitan area. The price was not disclosed.

 JLL represented the seller, TriGate Capital, in arranging the buyer, Mazaheri Properties. Phillip Mazaheri with Price Edwards & Company represented the buyer.

 

Bryant Square, a 272,135-square-foot retail center
in Edmond, OK, part of the Oklahoma City metropolitan area. 

Bryant Square, located at 308 S Bryant Ave., enjoys a strategic position in the affluent Oklahoma City suburb of Edmond. The center's prime location provides exceptional visibility and access, situated just west of I-35, the largest North-South thoroughfare in Oklahoma City.

 

The greater Oklahoma City area continues to see strong population growth, particularly in its suburban areas. Edmond itself has experienced significant expansion, with the five-mile radius around Bryant Square showing an average household income of $138,000 and consumer spending power of $6.75 billion.

 

 Chris Gerard

Bryant Square, originally constructed in 1978 and renovated in 2018, boasts a robust 96% occupancy rate with a diverse tenant mix including Ross Dress for Less, Burlington Coat Factory and Old Navy.

 

 The retail center offers significant value with an average tenant tenure of 8.8 years and a weighted average lease term of 4.6 years, ensuring a stable and attractive investment.

 

JLL Capital Market’s Investment and Sales Advisory team representing the seller was led by Senior Managing Directors Chris Gerard and Barry Brown and Director Erin Lazarus.

 

"Bryant Square offered investors a high-quality retail asset in one of Oklahoma City's fastest-growing submarkets," said Gerard. "With its strategic location in affluent Edmond and potential for increased income, this transaction demonstrates continued investor appetite for well-positioned retail properties in high-growth suburban markets."

 

Barry Brown

For more news, videos and research resources, please visit JLL’s newsroom. 

 

 Contact: 

 

Gréta Kieras

Senior Associate

 Public Relations

Phone: +1 949 930 8498  

Email: 

greta.kieras@jll.com

 jll.com. 

 

JLL Capital Markets arranges sale of The District by Windsor in Denver, CO

The District by Windsor, a 276-unit multi-housing community
 in Denver, CO

  

DENVER, CO –  JLL Capital Markets has arranged the sale of The District by Windsor, a 276-unit multi-housing community in Denver, Colorado.

 

JLL represented the seller, GID, in facilitating the buyer, Mesirow Financial. The price was not disclosed.

Jordan Robbins

The District by Windsor, located at 6300 E Hampden Ave., enjoys a prime position with immediate access to I-25 and close proximity to I-225, offering residents seamless connectivity throughout the Denver metro area.

 

The community’s strategic location near Belleview Station and RTD Southmoor Station provides convenient public transit options, while its proximity to shopping centers and major employment hubs, including the Southeast Business Corridor.

 

Denver is a thriving metro area known for its strong economy, highly educated workforce and exceptional quality of life. The region boasts robust job growth that attracts young professionals with an average of 89 new residents moving to the metro area daily.

 

Wick Kirby

Within a three-mile radius of The District by Windsor, the average household income is $137,197 and the average home value is $826,899, reflecting the area's affluence and desirability.

The District by Windsor, constructed in 2007, is a mid-rise apartment community situated on a spacious 7-acre plot. This well-maintained property offers 247,811 square feet of residential space, complemented by 16,622 square feet of commercial space creating a vibrant mixed-use environment.

 

 With a high occupancy rate of 95%, The District caters to a diverse range of residents seeking modern comfortable living spaces. The community boasts an impressive array of amenities including a year-round spa and hot tub, a resort-style swimming pool, a state-of-the-art fitness center and EV charging stations, reflecting its commitment to providing a luxurious and sustainable lifestyle for its residents.

Alasdair Cripps

"We are pleased to partner with JLL Capital Markets and GID in the purchase of The District by Windsor,” stated Alasdair Cripps, CEO of Mesirow Institutional Real Estate Direct Investments.

 “Going forward, our vision for the property includes additional capital for modern amenities and enhancements to interior units and the exterior appearance. 

"With these changes, we will be rebranding the property as The District at Hampden South and look forward to serving the community.” 

Alex Possick 

JLL Capital Market’s Investment and Sales Advisory team representing the seller was led by Senior Managing Director Jordan Robbins, Managing Director Wick Kirby, Director Alex Possick and Associate Seth Gallman.

 

"The sale of The District by Windsor demonstrates the continued investor appetite for well-located, value-add multi-housing assets in the Denver metro area," said Robbins.

 "The property's strategic location near major employment centers and its potential for unit interior upgrades made it an attractive investment opportunity in today's market."

 

 

Seth Gallman

For more news, videos and research resources, please visit JLL’s news

Contact:

 

Gréta Kieras

 Senior Associate

 Public Relations

Phone: +1 949 930 8498  

Email: greta.kieras@jll.com