Midtown buildings for sale
August 29th, 2008 · No Comments

Following the recent news that Greg Banta parted ways with his Midtown Renaissance partnership to pursue other projects, it appears that a number of Banta’s midtown buildings have been placed on the market for sale. A recent search of office buildings for sale on Loopnet found six of Banta’s midtown Oklahoma City properties available for sale. These properties are 1100 and 1101 N. Broadway, The Guardian buildng at 1117 N. Robinson, The Shartel Professional Building at 1226 N. Shartel, Hadden Hall at 215 NW 10th, and 901 NW 13th.

It is unknown if these listings are the byproduct of Banta’s exit from his midtown partnership. According to Loopnet, these properties were listed on June 18 of this year, which was about a month before news leaked of Banta’s departure. No matter the reasoning, Banta is offering these buildings as a tremendous opportunity for another investor or developer to step up to the plate and have an opportunity to be a part of one of the key areas of redevelopment Oklahoma City is currently experiencing. There are those that are concerned about Banta’s exit and those concerns are justified; however, one can look at the flip side and see that Banta’s exit from midtown could be a benefit for the area by opening the doors for more developers and investors to carry on the vision that Banta casted for the area.