Company Buys Continental Center South for Return to Downtown Enid

Article excerpt

During the 1930s, Triangle Insurance Co. had its headquarters in Broadway Tower in downtown Enid.

The company later moved to the Union Equity Building on N. 10th Street. The headquarters for the insurance company, owned by 385 farmers cooperatives, was at 2821 Van Buren in Enid when the firm started looking for a new location as it planned for growth.

That search resulted in Triangle returning to downtown Enid.

With the help of Nicholas Real Estate, Triangle looked at possible locations including several buildings in downtown Enid before buying Continental Center South from Harold Hamm, chairman and CEO of Continental Resources. The 11-story building at 205 W. Maple was home to Hiland Partners. Hiland moved north across the street to the offices formerly occupied by Continental Resources, which moved to downtown Oklahoma City.

"The reason we decided to move back to downtown Enid is that we are continuing to grow and wanted space to grow in the future," said John Berg, Triangle Insurance president and CEO. "We also wanted an investment opportunity and saw this as an opportunity for investment income."

The 73,000-square-foot building has 11 tenants, including Callahan's Pub and Grill.

"We hope all of them stay," Berg said.

Triangle and its parent company, Triangle Cooperative Service Co., and its subsidiaries, TCSC Insurance Agency and ProValue LLC, took over the floors formerly occupied by Hiland. …

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