Connect Media > National News > Southwest > Oklahoma > Colorado Buyer Snags Tornado-Damaged Remington Tower
Remington Tower, Tulsa, OK

March 13, 2020 Comments Off on Colorado Buyer Snags Tornado-Damaged Remington Tower Views: 1253 National News, Oklahoma, Southwest

Colorado Buyer Snags Tornado-Damaged Remington Tower

Order Reprints...

TAG Multifamily LLC, headquartered in Grand Junction, CO, acquired Remington Tower, a 19-story, 90,000 square-foot building in Tulsa, OK. The new owner bought the property from TPG Investments LLC, with plans to convert it into luxury apartments. TAG plans to launch the project by mid-April 2020, and the first apartments will be available within a year.

Raymond Lord and Benjamin Davis with SVN Oak Realty Advisors brokered the transaction. The sales price was not disclosed.

The vacant office building at 5810 E. Skelly Dr. delivered in the early 1980s, and was damaged by an EF-2 tornado in August 2017; tenants were relocated to other places. Since that time, ownership had been trying to find the best solution for the property.

Read more at Tulsa World

Connect With TAG Multifamily LLC

Connect With SVN Oak Realty Advisors

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter

Tags: , , ,

Comments are closed.