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Oklahoma City’s Magnolia Building sells, slated for boutique hotel conversion

admin  /   May 2026

Private investor acquires fully leased, century-old office property in downtown Oklahoma City

A private investor acquired the Magnolia Building, a five-story office property at 722 N. Broadway Ave. in Oklahoma City, from another private investor for $4.6 million.

Built in 1919, the 31,596-square-foot building was fully leased at the time of sale.

The buyer plans to convert the office property into a boutique hotel.

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