OKLAHOMA CITY – May 11, 2015 –CBRE announces the sale of 2000 North Classen, five buildings totaling 316,721 square feet located on 10.2 acres along the east side of North Classen Boulevard between Northwest 18th and 21st streets. Located in the Midtown submarket, the property is just 1.5 miles west of Interstate 235 and three miles north of the Central Business District.
2000 North Classen is widely recognized as the long-time corporate headquarters campus of American Fidelity Property Company, which has been based at the property since its completion in the 1960s.
“American Fidelity’s phased relocation to its new headquarters location provided an unprecedented opportunity to acquire Midtown’s most recognized landmark office asset,” said Ms. Dunn, Vice President of CBRE. “Given its location within the resurging Midtown submarket, 2000 North Classen offers multiple avenues for value creation, including a multi-use redevelopment or repositioning of the asset.”;
About CBRE Group, Inc. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.