Cedar Lane Apartments Sold

6621 E. 19th Street LLC recently bought Cedar Lane Apartments at 6621 East 19th St. from Intervest Cedar Lane Ltd for $2.8 million. The 97-unit complex consists of 81 one-bedroom and 16 two-bedroom units. Amenities include clubhouse and leasing office, swimming pool and laundry facilities. The property is currently 97 percent occupied. The buyers plan to make improvements to the property. Max. A. Heidenreich and Raymond W. Lord of NAI Commercial Properties of Tulsa represented both the buyer and seller.

Prism Partners LLC

Buys Building for Investment

Prism Partners LLC has acquired 6504 E. 44th St. from G & L Investments for $2.4 million. The building is 102,214 SF on 4.62 acres with frontage on Sheridan Road. The building is leased to Corporate Express and was bought for investment purposes. Matt Klimisch, SIOR, CCIM and Tom O’Brien, SIOR, CCIM both with CB Richard Ellis/Oklahoma handled the sale.

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