Real estate notes from The Oklahoman for March 23, 2019
Braum's upgrades Mustang Road site
Braum’s has added double drive-thru ordering lanes at its location at 333 N Mustang Road and plans to expand and upgrade lanes at all locations.
“There are many different areas that we are working to improve and build on. We are enhancing our drive-thru menu boards and installing canopies to protect our customers from the outside elements,” said Amanda Beuchaw, director of public Relations.
Customers will be able to place multiple orders for one vehicle and pay separately, she said, and online Fresh Market ordering for groceries is also in the works.
Commercial property brokers honored
Washington, D.C.-based Costar Group Inc., a commercial property information, analytics and marketing company, has presented its 2018 CoStar Power Broker Awards in Oklahoma City.
The top leasing firms were Newmark Grubb Levy Strange Beffort, and Price Edwards & Co.
The top sales firms were CBRE, and Newmark Knight Frank.
The top office leasing brokers were Craig Tucker with Price Edwards & Co., and Vicki Knotts with Newmark Grubb Levy Strange Beffort.
The top retail leasing brokers were George Williams with Price Edwards & Co., and Mark Inman with CBRE.
The top industrial leasing brokers were Brett Price with Newmark Grubb Levy Strange Beffort; Gerald L. Gamble with Gerald L. Gamble Co.; and Kris Davis with Newmark Grubb Levy Strange Beffort.
The top sales brokers were Justin Wilson with Newmark Knight Frank, and Tim McKay, also with Newmark Knight Frank.
Elevated water tower wins recognition
Freese and Nichols of Oklahoma City has earned a National Recognition Award for exemplary engineering achievement in the American Council of Engineering Companies’ 52nd annual Engineering Excellence Awards for designing an elevated water tower to serve Edmond.
The new 2-million-gallon elevated storage tower at 4116 N Boulevard more than doubles the city’s elevated water storage capacity. Constructed of lightweight, high-strength composite materials, the tower was strategically located at the site of an existing pump station where its water can be drained into an existing ground storage tank when flushing is required for maintenance.
Other features include an advanced monitoring and control system, specialized valves that can be operated remotely, and a structural design to help the tank structure withstand the forces of tornadoes and earthquakes. Officials said the additional storage capacity will support Edmond’s economic development efforts for years to come.