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Office Building and Related Assets in Oklahoma

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Listing Information

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Office Building and Related Assets in Oklahoma



Price: $21,000,000.00


Other Item Info
Item #: txwbke_324508
Created: 08/08/2018
Category: Real Property > Commercial > Office Building
Sale Date: Wed. Aug 15, 2018
Seller Info
H. Anthony Hervol
Debtor's Attorney
4414 Centerview Dr, Suite 200
San Antonio, TX 78228
(210) 522-9500
Bankruptcy Info
Case #: 5:17-bk-52844
Case Title: Cotter Tower - Oklahoma, L.P.
Court: Texas Western Bankruptcy Court
Chapter: 11
View Case Docket

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Real Estate Location

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100 N. Broadway
Oklahoma City, OK, 73102

Description

Sale of thirty-six-story commercial office building commonly known as “Cotter Ranch Tower” located in Oklahoma City, Oklahoma, and more particularly described as below:

  • The real property generally located at 100 N. Broadway, Oklahoma City, Oklahoma 73102, commonly known as Cotter Ranch Tower, which is more particularly described on Exhibit “A” attached to the Agreement described in paragraph 11 below (the “Land”); 
  • The buildings located on the Land, and all associated parking areas, sidewalks, signs, fixtures, landscaping and all other improvements located on the Land, together with all machinery and mechanical, electrical, HVAC, and plumbing systems on the Land (collectively, the “Improvements"), provided that the Improvements shall exclude the statue which is a likeness of James F. Cotter on a horse in the event that Seller has removed the statue prior to the Close of Escrow;
  • All of Seller’s right, title, and interest in and to all rights, privileges, streets, alleys, easements, and rights of way in, on, across, in front of, abutting, or adjoining the Land and all other appurtenances benefiting the Land or belonging thereto, including, without limitation, all mineral and water rights and all easements, rights-of-way and other appurtenances used or connected with the beneficial use or enjoyment of the Land (the “Appurtenances” and collectively with the Land and the Improvements, the “Real Property”);
  • All of Seller’s right, title, and interest in and to all personal property, equipment, supplies and fixtures (collectively, the "Tangible Personal Property") listed on Exhibit “B” attached to the Agreement described in paragraph 11 below or otherwise left on the Real Property at the Close of Escrow to the extent owned by Seller;
  • All of Seller's right, title, and interest in and to any intangible property (expressly excluding the name "Cotter" or “Cotter Ranch Tower” or any derivative thereof, or any name that includes the word "Cotter" or any derivative thereof) used or useful in connection with the foregoing, including, without limitation, all contract rights, warranties, insurance claims (including, without limitation, any pending claims related to the curtain wall which forms a part of the Improvements), guaranties, licenses, permits, entitlements, governmental approvals and certificates of occupancy which benefit the Real Property and/or the Tangible Personal Property (the “Intangible Personal Property” and together with the Tangible Personal Property, the “Personal Property”);
  • All of Seller's right, title, and interest in and to all leases affecting the Real Property listed on Exhibit “C” attached to the Agreement described in paragraph 11 below and any order of the Court approving the assumption and assignment of Seller’s right, title and interest in and to unexpired real property leases (the “Leases”);
  • All of Seller's right, title, and interest in and to the contracts listed on Exhibit “C” attached to the Agreement described in paragraph 11 below and any order of the court approving the assumption and assignment of Seller’s right, title and interest of the Seller in and to executory contracts (the "Contracts").

Property for sale is more described in attached PDF.


Additional Details

Sale Hearing Time: 1:00 p.m.

Bid Deadline: August 10, 2018



Other Information

Terms and Conditions:

See Attached.


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