Horizon Sells Oklahoma City Mall for $130M
ByThe Outlet Resource Group and Singerman Real Estate snapped up the 400,000-square-foot retail property at 7624 West Reno Ave., which functions as the state’s only outlet center.
After six years of ownership, Horizon Group Properties and co-developer CBL & Associates Properties Inc. announced that their first joint venture and one of the largest shopping centers in their portfolio sold for $130 million. Executive Vice President of CBRE Richard Frolik represented the seller.
Starting May 1st, 2017, The Outlet Shoppes at Oklahoma City will operate under The Outlet Resource Group (TORG) and Singerman Real Estate, with Avison Young as property manager…