CBRE Brokers $6.8M Sale of 65-Unit Assisted Living Facility in Oklahoma

by Jeff Shaw

EDMOND, Okla. — CBRE has arranged the sale of Tealridge Assisted Living and Memory Care, a 52,283-square-foot assisted living and memory care community in Edmond, for $6.8 million.

MOC Assisted Living sold the property to a nonprofit private investor looking to establish a presence in the Oklahoma market.

Tealridge Assisted Living and Memory Care was constructed in 2010 and has 65 units.

Daniel Morris of CBRE’s Oklahoma City office represented the buyer in the transaction.

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