Avison Young to Manage Oklahoma City Outlet
The Outlet Resource Group and Singerman Real Estate own the 400,000-square-foot shopping center, which marks the second mall Avison Young is managing for the two companies.
By Laura Calugar
The Outlet Shoppes at Oklahoma City
Avison Young announced that it has been retained as property manager of The Outlet Shoppes at Oklahoma City by The Outlet Resource Group and Singerman Real Estate. The two companies purchased the retail asset earlier this month for $103 million.
Located at 7624 West Reno Ave., the property is located at the intersection of Interstate 40 and Council Road, where more than 112,000 cars pass by the site daily. Developed by Horizon Group Properties and CBL & Associates Properties Inc. in 2011, the 400,000 square-foot mall continued to expand through 2014. The center features a food court, children’s play area, a center courtyard with fountains and other amenities. The Outlet Shoppes now includes more than 90 retailers such as Nike, Vera Bradley, Michael Kors, Polo Ralph Lauren, Bath & Body Works and Under Armour.
Avison Young is one of the largest third-party outlet mall management companies in the U.S., managing seven outlet centers across the country.
Image courtesy of the Greater Oklahoma City Chamber website
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