Chesapeake -- under yet another new LLC -- purchased .7 acres for $2.5 million (about $3.5 million / acre) about two weeks ago. Total assessed market value: $220K.

This is for land around 57th and Lee, which interestingly enough is very close to the MidFirst property. CHK already owns almost everything else in that area.

Perhaps they are assembling the few final properties so they can acquire the MF property (building and a big chunk of land) that is adjacent?