The Outlet Shoppes at Oklahoma City sells for $130 million

Published Tuesday, May 2, 2017
by Jack Money

The Outlet Shoppes at Oklahoma City has new owners.

The Outlet Resource Group (TORG) in Maryland and Singerman Real Estate of Chicago announced Monday that they acquired the 34-acre development at Council Road and Reno Avenue from Horizon Group Properties and CBL & Associates for $130 million.

TORG and Singerman also work with developers and owners of similar projects to help them establish and grow those businesses, a TORG principal said.

“We are excited to enter the Oklahoma City market,” Lisa Wagner said Monday. “The previous ownership established the center as a shopping destination, and we look forward to optimizing and improving the experience for shoppers and retailers.”

Read the entire article at NewsOK.com.

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