Eastland Partners Complete Mall Purchase

Eastland Partners LLC dba P&H Acquisitions LLC has purchased the vacant 106,610-SF Mervyn’s facility located in the Eastgate Metroplex, 14002 E. 21st St., from MDS Realty I LLC of Delaware for $900,000.
The purchase gives the developers, Tulsa-based P&H Properties, full ownership of what was once the 1 million-SF Eastland Mall.
The Eastgate Metroplex, which recently saw the opening of a $16 million, 60,000-SF Coca-Cola Enterprises call center, is undergoing a $50 million rehabilitation into a mixed-use office and retail center.
Richard Monaghan and David Glasgow of CB Richard Ellis/Oklahoma handled sale negotiations for both parties.

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