Colliers International | Oklahoma Recent Industrial Transactions

Industrial Specialist James Durocher brokers Oklahoma City sale and Tulsa lease.
Dec. 21, 2011 - PRLog -- Oklahoma City, Okla., (Dec. 13, 2011) – Taurian East LLC has purchased the Joyco Building located at 2640 W. Reno in Oklahoma City from Arthur L. Burkey for $550,000.

The industrial showroom property is approximately 13,500 square feet and sits on 2.5 acres. Edwards Mail Service plans to operate their business from the facility in 2012. Edwards Mail Service is a transportation company that primarily contracts with the U.S. Postal Service to haul mail and equipment.

“We’ve been in the industry for thirty years,” Vice President and CFO Chuck Edwards said. “We’ve had routes through Oklahoma for a while, and we are excited to open our first facility here.”

James Durocher with Colliers International represented both parties in the transaction. Jackie Hatton with Oklahoma City Abstract and Title handled the closing.

Colliers Oklahoma also recently teamed up with Colliers’ Long Island office to facilitate the lease of a 9,000 +/- square foot flex space in Tulsa.

Colliers represented the tenant, MSC Industrial Supply Company, in the 5-year lease. The building is located at 11022 E. 51st St., Tulsa, OK.

“We enjoyed helping MSC find the ideal location for their expansion,” said Colliers’ Industrial Specialist James Durocher.  “I fully expect MSC to continue their track record of success in their new location.”

About Colliers International
Colliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 offices in 61 countries. A subsidiary of FirstService Corporation (NASDAQ- FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive and Multi-Housing News magazines ranked Colliers International as the top U.S. real estate company and the latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate brand in the world.

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