Retail Investment Team Closes $8,000,000 Bricktown Sale

100 S. Charlie Christian Ave.
Oklahoma City, OK 

Price Edwards and Company's Retail Investment Team sold the property located at 100 S. Charlie Christian, containing 4.6168 acres. The former Body Works site is one of the last large parcels of land located in East Bricktown. The property sold for $8,000,000 which brings the price per square foot to $39.78. The Buyer, Lifestyle Hospitality at Bricktown, LLC, consists of an investment group including Fred Mazaheri with Mazaheri Properties and Champ Patel with Champion Hotels, among others. The Buyers were represented by PEC Retail Investment Team consisting of Phillip Mazaheri, Paul Ravencraft and George Williams. The Seller was PUMPCO, LLC which was represented by Mark Patton of Price Edwards & Company.

PEC Retail Investment Team was hired to find an off market site for a large scale development consisting of a few high-end hotels, multifamily development and a parking structure. It identified the former Body Works site in the spring and the Buyer quickly put the property under contract.

The new owner has hired Rick Brown with RBA architects to handle the design of the development.