Newsroom
Newsroom
Company news, leasing announcements, and Mazaheri Properties in the press across Oklahoma and Texas.
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Mazaheri Sells Quailbrook Plaza in North OKC for $14 Million
Read more: Mazaheri Sells Quailbrook Plaza in North OKC for $14 MillionQuailbrook Plaza, an 88,538-square-foot retail and medical center at 4401 W. Memorial Road, has sold for $14 million. The center was 88% occupied at closing, with Mercy Hospital leasing roughly 44% of the space.
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Mazaheri Properties Acquires Norman’s University Town Center for $82.25 Million
Read more: Mazaheri Properties Acquires Norman’s University Town Center for $82.25 MillionMazaheri Properties and Champion Hotels have acquired University Town Center, the 416,766-square-foot Class A power center in Norman — ranked the #1 shopping center in Oklahoma by Placer.ai with more than 12 million visits a year.
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Oklahoma City Retail Stays Resilient: A 2026 Mid-Year Outlook
Read more: Oklahoma City Retail Stays Resilient: A 2026 Mid-Year OutlookTight vacancy, limited new construction, and steady population growth continue to favor well-located retail centers across the Oklahoma City metro, analysts say.
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Bryant Square Trades for $54 Million in Edmond
Read more: Bryant Square Trades for $54 Million in EdmondBryant Square, the Class A retail power center in Edmond, has traded for $54,035,000 — the fourth power center Phillip Mazaheri, CCIM has brokered in two years, totaling roughly $175 million and 850,000 square feet.
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Local Investors Add North OKC’s Memorial Square to Power-Center Portfolio
Read more: Local Investors Add North OKC’s Memorial Square to Power-Center PortfolioMemorial Square, a 123,557-square-foot center on 14.5 acres in north Oklahoma City, was acquired for $24.6 million — about $199 per square foot — adding another Super Target-anchored power center to the portfolio.
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240 Penn Park Power Center Sells for $38 Million
Read more: 240 Penn Park Power Center Sells for $38 MillionPhillip Mazaheri, CCIM represented the buyer in the $38 million purchase of 240 Penn Park, a 241,831-square-foot retail power center in Oklahoma City, at a 7.45% cap rate.
Invest & acquisitions