TULSA – June 17, 2015 –CBRE announces Austin, Texas-based HGA Holdings, LLC has purchased the last available parcel of land on the perimeter of Tulsa Hills Shopping Center, the newest retail power center in Tulsa, Oklahoma. Additionally, Starbucks Corporation has signed a 1,800-square-foot build-to-suit lease with the developer.
The single-tenant retail building, at the northeast corner of 81st Street and South Olympia Avenue, is currently under construction and is expected to open at the end of the year. It is situated directly between Tulsa Hills Shopping Center, anchored by Target, Dick’s Sporting Goods, Lowe’s, and The Walk at Tulsa Hills, which is still under construction.
According to Kyle Anz with HGA Holdings, this project will fill a void for Starbucks on the west side. The property will include a drive-thru, indoor seating and a patio area.
“This site was crafted perfectly for Starbucks and they will be a great addition to the Tulsa Hills Shopping Center,” said Boewe. “They took the last remaining outparcel on Olympia between 71st and 81st Streets, and I have no doubt this will be a homerun for Starbucks as well as for shoppers in Tulsa Hills.”
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.