Sold: Chesapeake sells buildings to local company

Chesapeake Energy sign

OKLAHOMA CITY – A local bank announced that it has purchased several buildings from a well-known oil and gas company in Oklahoma City.

MidFirst Bank announced that it purchased four office buildings from Chesapeake Energy.

This comes nearly six months after hundreds of Chesapeake employees were laid off due to “a new organizational structure” of the company.

Click here for more information on the layoffs.

The offices are located at 777 N.W. Grand Blvd., 5701 N. Shartel Ave., 601 N.W. Grand Blvd. and 625 N.W. Grand Blvd.

Officials say the office buildings give the bank 230,000-square-feet close to their headquarters.

Jeff Records, president and chief executive officer for MidFirst Bank, said, “These properties will allow us to centralize much of our workforce while complementing our presence in the I-44/Grand corridor.”

MidFirst currently employs more than 2,000 people at 50 banking centers across the state.