Syndicated Equities recently completed its acquisition of a four-story, Class A, headquarters office building that is 100% net leased to Gateway First Bank, one of the largest banks in the state of Oklahoma by asset size, and one of the largest mortgage companies operated by a bank in the US.
The property is a 86,000 square foot, Class A office building that serves as the headquarters for Gateway First Bank, a Tulsa, Oklahoma-based financial institution that provides banking and mortgage services for individual and commercial customers. The property was a build-to-suit for Gateway First Bank and includes its executive offices, corporate boardroom, loan servicing center for both the bank and mortgage divisions, human resources, risk management, and technology departments and is situated within the South submarket of Tulsa, which encompasses more than 1.5 million square feet of office space.
Syndicated Equities acquired the property outright and structured the acquisition to accommodate investors completing tax-deferred 1031 exchanges along with accredited cash investors.
Syndicated Equities provides individuals with institutional quality, commercial real estate investments. Since 1986, the firm has developed an expertise in co-investment ownership, net lease brokerage services, global real estate opportunity funds, and more recently, qualified opportunity zones. To date, Syndicated Equities has made over 100 investments representing over $500 million of equity and $2 billion of total asset value.