TriGate Capital has sold Bryant Square, a 272,135-square-foot retail center in Edmond, Okla., part of the Oklahoma City metropolitan area.
JLL represented the seller in arranging the buyer, Mazaheri Properties. Phillip Mazaheri with Price Edwards & Com. represented the buyer.
Bryant Square, located at 308 S Bryant Ave., enjoys a strategic position in the affluent Oklahoma City suburb of Edmond. The center's prime location provides exceptional visibility and access, situated just west of Interstate 35, the largest north-south thoroughfare in Oklahoma City.
Bryant Square, originally constructed in 1978 and renovated in 2018, boasts a robust 96 percent occupancy rate with a diverse tenant mix including Ross Dress for Less, Burlington Coat Factory and Old Navy. The retail center offers significant value, with an average tenant tenure of 8.8 years and a weighted average lease term of 4.6 years, ensuring a stable and attractive investment.