10846-10848 S Memorial Dr • Tulsa, OK 74133

Year Purchased: 2023
Purchase Amount: $6,100,000.00
Equity: $3,500,000.00

South Memorial Plaza was purchased in December 2023 and is a 48,288 square foot multi-tenant shopping center located in Tulsa, Oklahoma. This represents PGP’s first property acquisition in Oklahoma. Built in 2006, South Memorial's modern design and outstanding location make it an attractive investment. With several e-commerce-resistant tenants, the center is shadow-anchored by a strong-performing Walmart and is currently 87% occupied, which offers a combination of current cash flow stability.