EDC Sells Marketing Rights for Tulsa Headquarters and Distribution Warehouse to Keen-Summit Capital Partners
Tulsa, Oklahoma – March 24, 2025 – In a recent business development, Educational Development Corporation (EDC) announced the execution of a new brokerage agreement with Keen-Summit Capital Partners, LLC. This agreement grants Keen-Summit the marketing and brokerage rights for the sale of EDC’s headquarters and distribution warehouse located at 5400-5402 South 122nd East Avenue, Tulsa, Oklahoma, for a period of nine months.
Details of the Agreement
EDC, a leading provider of educational materials and services (
Impact on EDC
By partnering with Keen-Summit, EDC aims to leverage the expertise of the real estate firm to maximize the value of the Hilti Complex. This agreement could lead to a successful sale, potentially generating significant funds for EDC. The proceeds from the sale could be utilized to further invest in the company’s core business, expand operations, or even fund research and development initiatives, ultimately benefiting EDC’s stakeholders. Additionally, the sale could potentially reduce EDC’s operational costs associated with maintaining the property.
Impact on the World
The sale of the Hilti Complex could have a ripple effect on the local Tulsa economy. A new buyer could bring in fresh investment and potentially create new jobs. Additionally, the sale could attract other businesses to the area due to the increased commercial activity. Furthermore, the proceeds from the sale could potentially lead to further investments in the education sector, contributing to the overall growth and development of the industry.
Conclusion
EDC’s decision to partner with Keen-Summit Capital Partners for the marketing and brokerage services of the Hilti Complex represents a strategic move for the company. The agreement could result in a successful sale, generating funds for EDC and potentially reducing operational costs. Moreover, the sale could have a positive impact on the local Tulsa economy, creating new jobs and attracting further investment. As the situation develops, we will continue to monitor and report on any updates related to this transaction.
- EDC executes brokerage agreement with Keen-Summit Capital Partners for Hilti Complex
- Nine-month marketing and brokerage services for the sale of the property
- EDC aims to maximize the value of the Hilti Complex
- Potential benefits for EDC: funds for core business, expansion, or R&D
- Positive impact on local Tulsa economy: new investment, jobs, and commercial activity