Commercial real estate firm opens in Norman plus OKC-area transactions
NORMAN – Fleske Commercial Group, a new commercial real estate company, was formed after separating from Equity Commercial Realty. The offices are located at 3411 W Rock Creek Road, Suite 120.
Eric C. Fleske, Managing Broker and CEO, represents hundreds of properties and provides project development, real estate investment advice, real estate brokerage, property management and design services.
Fleske was a partner and managing broker for Equity Commercial Realty with founding director Judy J. Hatfield, with whom he worked for 23 years. Equity Commercial Realty will continue to operate under the leadership of Hatfield. Nova Fleske, his wife, is the new company’s chief financial officer and licensed broker
“Commercial real estate in central Oklahoma has seen phenomenal growth in recent years,” said Fleske. “The needs of our customers and tenants have evolved with this growth and we believe our approach to this market is different from other companies.
“The combined 70 years of experience of our brokers in development, brokerage, management and consulting enables us to continue to meet the requirements of the market in the future.”
The company has 12 employees, including five licensed brokers and seven employees. The company, through its partner, Touchstone Management, manages over 1 million square feet, primarily in central Oklahoma. It also develops over 200,000 square feet of office, retail, medical, and industrial products annually, brokering an average of 1.4 million square feet for a total of over $ 50 million per year.
The company has designed over 55 projects through its partner Phase One Design. Fleske and Josh White are each certified as a Certified Commercial Investment Institute, while Fleske is also called the Society of Industrial and Office Realtors.
Some of the company’s projects in Norman include Tecumseh Crossing Retail, In Progress, Legacy Office Park, and Dimensions Academy. In Oklahoma City, the company has remodeled properties in Film Row and Uptown, and developed many retail, office, and industrial centers across the subway.
CBRE reports these real estate transactions:
• INOK Investments LLC paid US $ 3,850,000 to WCB Pole Rd LLC for 3.78 acres of land at 9530, 9620 and 9630 Pole Road. Randy Lacey and Chris Zach from CBRE represented the seller. Eric Fleske from the Fleske Commercial Group represented the buyer.
• Aman Aggarwal paid US $ 1,300,000 to WC Weatherman and CJ Weatherman Rev. Trust for an 18,160 square foot industrial property at 4520 Enterprise Ave. The property was purchased for $ 1,300,000. Lacey and Zach represented the seller.
• CH&W Tire has 13,780 square feet of industrial space at 2640 W Reno Ave. leased from John R. Colbert Real Estate Holdings LLC. Lacey and Zach represented the landlord.
• Reflek Technologies Corp. has rented 16,350 square feet of industrial space at 621 N Morgan Road from Simons Investment Co. LP. Lacey and Zach represented the landlord.
• Fifth Floor Freight LLC rented 9,539 square feet of industrial space at 3020 and 3200 Aluma Valley Drives from Wimpy 25 LLC. Lacey and Zach represented the landlord. Tori Thompson and Dusty Burchfield with Burchfield Realty represented the tenant.