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July 3, 2006

Edmond Angle
Recent Headlines

June 16-30, 2006

Edmond-Area Commercial Real Estate Transactions

Land property sells
Midland Capital LLC purchased 75 acres near East Interstate 44 and North Post Road from Grand Oaks Building Co., LLC for $1.75 million. Capitol Abstract & Title Co. handled the closing.

Land near NW 164th and N May sells
May-164 LLC purchased 14 acres near NW 164th Street and North May Avenue from Blinn Land Co and James C. Chandler for $1,219,500. Oklahoma City Abstract & Title Co. handled the closing.

Office property sells
James David Green & Theresa Marie Green LLC purchased a 3,557-square-foot office building at 51 East 30th Street from Mitch Harris Construction Co., for $309,000. Capitol Abstract & Title Co. handled the closing.

Multifamily property sells
Nationwide Health Properties purchased a 53,080-square-foot multifamily property at 14300 North Portland Avenue from Oklahoma City Assisted Living LP for $16,332,000. Lawyers Title of Oklahoma City handled the closing.

Post Road land sells
Arcadia Farm purchased 62 acres near North Post Road & East Danforth Road from Betty J. Bridwell for $774,500. First American Title & Trust Co. handled the closing.

Edmond Road land sells
RCL Mortgage Group purchased 160 acres at the SE corner of Edmond Road & Morgan Road from Linda R. and Sherrill R. Sageser for $670,000. First American Title & Trust Co. handled the closing.

Coffee Creek land sells
Arcadia Farm purchased 80 acres near North Indian Meridian & East Coffee Creek Road from Virginia E. Backry for $280,000. First American Title & Trust Co. handled the closing.

Westminster Road land sells
Arcadia Farm purchased 29 acres at 777 South Westminster Road from Larry A. & Deborah J. Garner for $575,000. First American Title & Trust Co. handled the closing.

More Edmond Road land sells
The Fountains Residential Townhomes of Edmond purchased 4 acres near West Edmond Road & Lexington Way from Copella Development Inc., for $294,000. Lawyers Title of Oklahoma City handled the closing.

Quail Pointe Drive land sells
Legacy Bank purchased 1 acre near NW 138th Street & Quail Pointe Drive from HPB LLC for $157,500. Oklahoma City Abstract & Title Co handled the closing.

Industrial property sells
2nd Street Tunnel Wash LLC purchased a 4,080-square-foot industrial building at East Second Street & Katie Michelle Boulevard from Tunnel Wash LC for $2.3 million. This building was built in 2005. Trustmark Commercial Title handled the closing.

Bryant Avenue industrial property sells
Waterford Investors LLC purchased a 47,400-square-foot industrial building at 6912 South Bryant Avenue from Mid America Chemical for $1.3 million. This building was built in 1982. Terry Klaus & Cooper Ross handled the closing.

Leases

Asset Disposition Group, Inc. leased 13,000 square feet of industrial space located at 3712 E. 2nd Street, Edmond from the Evelyn P. Goodin Revocable Trust. Larry D. Lide of MATRIX Commercial Real Estate, LLC handled the transaction.

Cool Wheel Covers LLC leased 1,823 square feet of industrial space at 1408 S. Fretz Ave., Suite 8, Edmond, from Dr. Sabih Kalidy. Larry Lide of MATRIX Commercial Real Estate, LLC handled the transaction.

ATA Leadership Training Center leased 2,400 square feet of retail space at 805 W. Covell Rd., Edmond from Dunleith Properties, LLC. Susan Lide of MATRIX Commercial Real Estate, LLC and Renee Reneau of Turner Property Management Company handled the transaction.

Trendco, Inc. dba Duncan Brothers Schools leased 5,765 square feet of retail space at Market Depot located at 3409 S. Broadway, Edmond from Thirty-Four O’Nine Property, L.L.C. Larry Lide and Susan Lide of MATRIX Commercial Real Estate, LLC and Alaina McGlothlin of CB Richard Ellis Oklahoma handled the transaction.

Zooming In
Featured Available Property
OFFICE SPACE AVAILABLE FOR SALE OR LEASE!
1603 East 19th Street
19,860 square feet
David Huffman
405-842-0100

Commercial Building Permits
City of Edmond, June 2006

4 New Construction Permits

Fisher Hall Building B 3520 S. Boulevard $500,000
Fisher Hall Building B1 3560 S. Boulevard $500,000
Christman Parke 1225 E. 33rd St. $172,000
Christman Parke 1265 E. 33rd St. $167,000

6 Alterations

Old Navy 518 S. Bryant Ave. $362,000
Tower Dental Remodel 1333 105 N. Santa Fe $20,000
Poos Taekwondo 745 100 Enterprise Dr. $20,000
OKC Abstract & Title Co. 1000 W. 15th St. $25,000
Isabellas 1389 100 E. 15th St. $20,000
Marcy & Abbey 1489 180 E. 15th St. $30,000

1 Demolition

330 S. Broadway 330 S. Broadway $3,500

Edmond Business Barometer
The pulse of the local economy.
Click here to view the current month’s barometer

Retail Sales Tax Report
Sales Tax information from eight major retail SIC codes.
Click here to view the current month’s retail sales tax report

Edmond Commercial Real Estate Council

Commercial real estate professionals from across the metro area meet quarterly at 8 a.m. to gather the latest economic statistics about Edmond, exchange information on listings, compare leads and listen to informative speakers.

Meetings are held at EEDA's offices, 825 E. 2nd St.

Meeting Dates

September 8, 2006

Tentatively - Mark Inman, CB Richard Ellis

Topic: Spring Creek Village

December 8, 2006

Derek Turner & Josh Moore, Turner & Company

Topic: Development around Fisher Hall

Check your email for

meeting reminders!

To join, contact

Kelly Darlington

340.0116

kd@eeda.com

Available Properties
Edmond Commercial Property Database
Click here to visit the Commercial Property Database

The EEDA provides a fully searchable Commercial Real Estate database allowing you to view or list any commercial property in Edmond. This free service allows you and your clients to research available real estate space by type, location, size, and price. The database gives a complete description of each listing and offers the opportunity to increase marketability by adding digital photos. We invite you to take advantage of the directory that is currently maintaining multiple building and land listings.

More Available Properties
Oklahoma City Commercial Property Database

Click here to visit the Greater Oklahoma City Commercial Property Database

The EEDA has joined with the OKC Chamber and economic development organizations in a 10 county area around the metro to form the OKC Partnership. The purpose of this organization is to participate in a regional economic development marketing effort. This effort will include a regional real estate database and we would like to include your properties. The database includes GIS and demographic information for each property.

The EEDA will continue to promote your properties on our real estate database, but would like to give you the opportunity to increase your exposure with this additional tool.

If you need to obtain or be reminded of a user name and password to list property, contact Brenda Workman at bworkman@okcchamber.com.The EEDA would be happy to submit your Edmond property information for you. For assistance click here and typeplease update in the subject area.

If you currently have property listed, please update it by clicking here

Update Your Properties!

If you currently have property listed, please update it by clicking here

If you need to obtain or be reminded of a user name and password to list property,

contact Kelly Darlington at340.0116 orkd@eeda.com.

Please list your name, company, address, telephone/fax number, and Web address.

Please forward Commercial Corner to friends and co-workers. New readers, click here and type subscribe CC in the subject area. Please include your name, company name, address and phone number

in the email.

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Editor Contact Information:
Toni Weinmeister

Director of Marketing & Public Relations
Edmond Economic Development Authority
405.340.0116

tw@eeda.com

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