Bain Capital and 11North Partners Acquire Oklahoma City Retail Centers for $212 Million
Oklahoma City, OK — A significant retail investment has emerged in Oklahoma City as Bain Capital, in collaboration with 11North Partners, has acquired a trio of open-air lifestyle retail centers for $212 million. This strategic acquisition encompasses nearly 40 acres and includes Nichols Hills Plaza, The Triangle at Classen Curve, and Classen Curve, collectively offering 290,598 square feet of retail space.
The three centers are strategically situated near major landmarks such as Integris Baptist Medical Center and Chesapeake Energy Corp. They boast prominent anchor tenants including Whole Foods and Trader Joe’s, appealing to a diverse shopper demographic. In addition to these high-profile anchors, the properties host over 50 other tenants, featuring popular brands like Warby Parker, lululemon, West Elm, Anthropologie, Sephora, and Kendra Scott, contributing to a vibrant retail atmosphere.
The acquisition reflects a growing trend in lifestyle retail spaces, which continue to attract consumers seeking a blend of shopping, dining, and social experiences. As urban developmental patterns evolve, such investments underscore the potential of lifestyle centers in fostering community engagement and economic activity.
Bain Capital and 11North Partners’ latest venture highlights their commitment to enhancing urban retail environments. Their expertise in managing and developing high-quality retail properties positions them to leverage the increasing demand for lifestyle experiences in shopping.
This acquisition not only reinforces the appeal of Oklahoma City’s retail landscape but also marks a significant milestone for both investment firms as they continue to expand their portfolios in thriving markets.
For more information on this acquisition and the future of retail in Oklahoma City, visit Oklahoma City Retail.
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