X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TULSA, OK-Local multifamily investor Mike Case has moved into industrial product ownership through his acquisition of Rreef’s local industrial portfolio. The Tulsa Journal Record reports that Case paid $16.6 million to the New York City REIT million for ownership rights of the 10-building, 374,436-square-foot portfolio.

The portfolio consists of the Freeport Trade Center at 3148, 3158 and 3168 S. 108th East Ave., the Katy Crow Distribution Center at 5443 S. 108th East Ave. and Business Commons Tech Center and Southeast Tech Center at 12206 E. 51st St. and 5115 S. 122nd East Ave.; 125625 E. 55th Ave. and 54156 S. 125th East Ave.

The Journal Record article reports that the buildings were 95% occupied when offered on the market last September. Tenants include Walgreen’s Homecare, ORS Nasco, Oneok, Key Construction, Sears Home Improvement and York International.

More information about the sale is available here.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.