50 Penn Place is an upscale mixed-use development in the inner Northwest part of Oklahoma City, Oklahoma. The galleria-style shopping mall and tower is located in the Penn Square trade area immediately at I-44 and Northwest Expressway, across from Penn Square Mall near the exclusive suburb of Nichols Hills.
The complex consists of a 16-story office tower, 233,000 square feet (21,600 m2) of retail shops on 3 levels 185,000-square-foot (17,200 m2), and a parking structure.
Midland Oak Realty purchased the building from MBL Life Assurance for $15 million in 1997. The complex is currently owned by a Dallas-based capital management company, which bought the building for $25.7 million in 2004, along with 25 tenants=in-common. A planned sale fell through in 2008.
Famous quotes containing the words penn and/or place:
“the pomp
Of pain swells like the Indies, or a plum”
—Robert Penn Warren (1905–1989)
“[T]here is no Part of the World where Servants have those Privileges and Advantages as in England: They have no where else such plentiful Diet, large Wages, or indulgent Liberty: There is no place wherein they labour less, and yet where they are so little respectful, more wasteful, more negligent, or where they so frequently change their Masters.”
—Richard Steele (1672–1729)