101 Park Avenue Oklahoma City, OK 73102

Total Page:16

File Type:pdf, Size:1020Kb

101 Park Avenue Oklahoma City, OK 73102 Office For Lease 101 Park Avenue Oklahoma City, OK 73102 At-a-Glance The Heart of Downtown Address: 101 Park Avenue At the corner of Park Avenue and Broadway, 101 Park Avenue is at the Oklahoma City, OK 73102 center of the action in downtown Oklahoma City. Large, modern suites flooded with natural light provide tenants with vibrant views of a revitalized Type: Multi-tenant Office city. The building is adjacent to Kerr Park and within walking distance of the county and federal courthouses, hotels, gourmet dining, the city’s Rentable Area: 197,042 SF convention center and more. Floors: 14 • Direct access to the city’s Underground, connecting the building to three parking garages, restaurants and shops. Built / Renovated: 1936 | 1990 | 2016 • Elegantly appointed build-outs with high quality finishes. Typical Floor Size: 13,500 RSF MOL • Fiber ready building. • On-site building engineer. • Minutes from the I-35 / I-40 / I-235 interchange. • One-of-a-kind lobby created by sculptor Jesus Morales. Call Matt Ralls at 405.842.0100 [email protected] | wigginprop.com This material is provided for information purposes only. It is from sources believed to be reliable. However, Wiggin Properties makes no warranties or representations, expressed or implied, as to the accuracy or sufficiency of the information. It is presented subject to errors, omissions, changes or withdrawal without notice. Square footage per owner. Maps © 2017 Google. Office For Lease 101 Park Avenue Oklahoma City, OK 73102 Elevator Access to Underground Full Service Restaurants 1 Park Avenue Grill OKC Underground Neighborhood 2 Kitchen 324 Attractions Street Car D Line every 12-14 minutes 3 10 North Grille and Services 4 Mahogany Prime Steakhouse Street Car B Line every 15 minutes 5 Flint 6 Vast Skywalks 7 Museum Cafe 3 TO OKC NATIONAL MEMORIAL N.W . 4TH STREET Accommodations D OWELL 1 Skirvin Hilton Hotel CENTER FEDERAL COURT HOUSE PARKING 2 Sheraton Hotel 5 Renaissance Hotel O.N.G. 3 FEDERAL THE TO MIDTOWN AT&T OFFICE BUILDING CARNEGIE 4 Colcord Hotel DEAN A. McGEE BL VD. Gyms OG&E E THE BANK OF BRANIFF SANDRIDGE ENERGY COUNTY OKLAHOMA 1 Park Harvey Athletic Club NU PARKING GARAGE RESERVE BUILDING E PLAZA V 6 A 2 Main Street YMCA CHEEK 5 2 BLDG PLAZA ON COUNTY TO AUTO ALLEY S PARKING SANDRIDGE PARKING PARKING GARAGE L AW 3 Downtown YMCA CENTER GARAG(CARDE ACCESS BLDG HUD R O B E R T S. KER R Banks and Services INVESTORS E 1 BancFirst COURT DOWELL COUNTY OFFICE BLDGCAPITAL NU PARKSIDE PLAZA KERR PARK BUILDING E CENTER V 1 2 UMB Bank A TO ART MUSEUM 1 E 3 Y LEADERSHIP E SQUARE C O UCf H D R IVE E K K K C 3 Fiserv R AR AR OKLAHOMA COUNTY AR P P P 1 . COURT HOUSE . PARK-HARVEY VENU CITY 101 7 HARVE W W W A SKIRVIN HILTON HOTEL APARTMENTS 2PLACE Park 4 Midfirst Bank COMME 115 125 3 117 CHAMBER o TO CITY HALL 1 PA1R K AV ENU E 1 5 Bank of Oklahoma NSON 4 ARKING GARAG I 3 P ROBINSON 100 PARK 2 RENAISSANCE NORICK OKLAHOMA ROB FIRST NATIONAL AVENUE 6 Chase Bank A FE 4 D OWNTOW N TOWER CENTER T LIBRARY 101 Park Avenue SAN S T CHASE Parks and Museums TOWER E G DEVON CORPORAT E MAIN STREET U 1 Kerr Park PARKING GARAGE BLD ENERGY TOWER EN ANCFIRS V CITY CENTER OIL & GA (CARD ACCESS B A GARAGE 2 Myriad Botanical Gardens and Y (CARD A ACCESS MAIN STREET TO BRICKTOWN ONLY) W Crystal Bridge D CHESAPEAKE ENERGY ARENA A O CONTINENTAL I.R.S. BLDG R 2 B RESOURCES 3 Oklahoma City Museum of Art 2 DEVON ENERGY Government CENTER CENTURY CENTER SHERATON COLCORD HOTEL 3 VEOLIA H OTEL 1 Greater Oklahoma City Chamber RENAISSANCE H OTEL 6 2 Downtown Library 5 4 4 3 SHERIDAN AVE S HER I D A N AV E NUE TO BRICKTOWN 3 Oklahoma County Courthouse MYRIAD GARDENS 2 COX BUSINESS SERVICES 4 City Hall CONVENTION CENTER 5 US District Courthouse Call Matt Ralls at 405.842.0100 [email protected] | wigginprop.com This material is provided for information purposes only. It is from sources believed to be reliable. However, Wiggin Properties makes no warranties or representations, expressed or implied, as to the accuracy or sufficiency of the information. It is presented subject to errors, omissions, changes or withdrawal without notice. Square footage per owner. Maps © 2017 Google. CHESAPEAKE ARENA.
Recommended publications
  • Emergency Operations Plan
    EMERGENCY OPERATIONS PLAN 2017 RECORD OF CHANGES Each interim change made between adoptions of the EOP by City Council will be recorded by the person making changes on this form by indicating the date the change was made and person making the change. In addition, the document directing the change will be filed behind this page. CHANGE # NAME OF PERSON MAKING CHANGE DATE OKC EOP 06/2017 DISTRIBUTION The City of Oklahoma City provides copies of the official City of Oklahoma City Emergency Operations Plan (EOP) in an electronic format only. Persons or organizations wishing to have hard (printed) copies of the EOP will be responsible for printing it and paying any printing costs. Electronic copies of the official City of Oklahoma City Emergency Operations Plan (EOP) will be available to all City employees at the City’s intranet site. Each City Department Head or their designee shall keep a hard (printed) copy of the current up-to- date EOP on file and available in their Department. Each Department is responsible for printing a copy of the EOP from the City’s intranet site. Electronic copies of the official City of Oklahoma City Emergency Operations Plan may be distributed as needed or upon request to other government, non-profit organizations and private sector stakeholders with assigned responsibilities under the plan. OKC EOP 06/2017 The City of Oklahoma City Emergency Operations Plan (EOP) BASIC PLAN Contents PURPOSE, SCOPE, SITUATIONS, AND ASSUMPTIONS........................................................ 5 PURPOSE..................................................................................................................................
    [Show full text]
  • Oklahoma City Parks Master Plan Steering Committee Stakeholders
    OKLAHOMA CITY PARKS MASTER PLAN STEERING COMMITTEE STAKEHOLDERS Oklahoma City Community Foundation Oklahoma City Community Foundation Brian Dougherty, Program Manager, Margaret Annis Boys Trust / Dr. Steve Agee, Trustee / OCCF Parks Study Consultant Parks and Public Space Initiative Nancy Anthony, President Leslie Hudson, Trustee, Chair, Margaret Annis Boys Trust Committee Sam Bowman, Past City Councilman Kenneth Conklin, Committee Member, Margaret Annis Boys Trust Oklahoma City Parks and Recreation Department Elizabeth Eickman, Director, Kirkpatrick Family Fund Wendel Whisenhunt, Director Vicki Howard, Committee Member, Margaret Annis Boys Trust Terry Ash, Landscape Architect / Park Planner Jane Jayroe Gamble, Trustee Oklahoma City Planning Department Rodd Moesel, Committee Member, Margaret Annis Boys Trust Russell Claus, Director Cathy Nestlen, Director of Communications Aubrey Hammontree, Urban Planner Bond Payne, Trustee Larkin Warner, Parks Study Consultant Carolyn Zachritz, Margaret Annis Boys Trust CONSULTANTS City of Oklahoma City Wallace Roberts & Todd, LLC (WRT) Louise Alexander, Parks Commission Andrew Dobshinsky, Project Manager Dennis Clowers, Assistant City Manager David Rouse, Principal in Charge Randy Entz, Transportation Planner, Planning Department Brian Traylor, Planner and Urban Designer Wes Gray, Business Manager, Parks and Recreation Department PROS Consulting, LLC Skip Kelly, Past City Councilman Leon Younger, President Debi Martin, City Council Chief of Staff William Younger, Consultant Larry Ogle, Assistant Director,
    [Show full text]
  • Greater OKLAHOMA CITY at a Glance
    Greater OKLAHOMA CITY at a glance 123 Park Avenue | Oklahoma City, OK 73102 | 405.297.8900 | www.greateroklahomacity.com TABLE OF CONTENTS Location ................................................4 Economy .............................................14 Tax Rates .............................................24 Climate ..................................................7 Education ...........................................17 Utilities ................................................25 Population............................................8 Income ................................................21 Incentives ...........................................26 Transportation ..................................10 Labor Analysis ...................................22 Available Services ............................30 Housing ...............................................13 Commercial Real Estate .................23 Ranked No. 1 for Best Large Cities to Start a Business. -WalletHub 2 GREATER OKLAHOMA CITY: One of the fastest-growing cities is integral to our success. Our in America and among the top ten low costs, diverse economy and places for fastest median wage business-friendly environment growth, job creation and to start a have kept the economic doldrums business. A top two small business at bay, and provided value, ranking. One of the most popular stability and profitability to our places for millennials and one of companies – and now we’re the top 10 cities for young adults. poised to do even more. The list of reasons you should Let us introduce
    [Show full text]
  • Two Decades of Investing in OKC OKC's Fastest Growing Companies Honored
    October 2013 www.okcchamber.com Two Decades of Investing in OKC Oklahoma City is doing a number of things right in convention in Oklahoma City, former Mayor Ron the eyes of other cities, but the one topic that comes Norick recalled the early days of his time in office and up again and again is the City’s and its citizens’ how the City’s lack of self-investment was putting the consistent decision to invest in itself. Since 1993, the city on a dire path. City of Oklahoma City has invested more than $2 “We had not passed a bond issue in Oklahoma City billion in special projects, roads, public safety and since 1976 and by then it was about 1989. If you more, with another nearly $1 billion already planned go 13 years in your city and don’t pass a bond issue, to take shape over the next 10 years. you’ve got a problem,” said Norick. “Your streets This level of self-investment was not always the are decaying. Your parks are decaying. Everything is natural course of action in Oklahoma City. Recently decaying.” when speaking to a group during the American It was under the leadership of Mayor Norick that Chamber of Commerce Executives’ (ACCE) annual Continued on page 10 OKC’s Fastest Growing Companies Honored Recently, the Greater Oklahoma City Chamber celebrated the fastest-growing, privately-owned companies at the 17th annual Metro 50 Awards. Earning the distinction of Greater Oklahoma City’s fastest-growing company was Tri-State Industrial Group. Established after the oil boom collapse of the 1980s, the company has grown from two people, a toolbox and a list of contacts to one of Oklahoma’s fastest-growing companies.
    [Show full text]
  • Oklahoma City Downtown Snapshot
    Downtown Oklahoma City Snapshot Demographics WHERE SUCCESS IS IN STORE www.okcretail.com | twitter.com/okcretail RESIDENT WORKFORCE POPULATION: POPULATION: Major Downtown Employers: • Energy - OGE Energy, Devon 77,522 Energy, Continental Resources, OKLAHOMA CITY 9,326 SandRidge Energy, Enable Midstream, Baker Huges GE Research Facility DOWNTOWN SNAPSHOT STUDENT POPULATION: BUSINESSES: • Health Care - St. Anthony Hospital, OU Medical Center, OU Health Sciences Center, VA 4,750+ 2,425 Medical Center • Other - Sonic HQ, AT&T, State of Oklahoma, City of Oklahoma City, Federal Government, Oklahoma County *University of Oklahoma Health Sciences Center- 3,613, Oklahoma City University Law School- 380, The Academy of Contemporary Music at the University of Central Oklahoma- 400, University of Oklahoma MBA Program- 200, Metro Tech Downtown, University of Central Oklahoma Downtown MBA/MPA- 163 Downtown OKC in 2020 Oklahoma City will start the next decade with a new landscape as four game changing projects will soon come to fruition in the city’s core. A new $277-million convention center, which is projected to open in 2020, will feature nearly 200,000 square feet of exhibit space, a 30,000-square-foot ballroom and 45,000 square feet of additional meeting space. Adjacent to the convention center will be a 605-room headquarters hotel operated by Omni Hotel & Resorts. In addition, the 70-acre, fully programmed Scissortail Park will be directly across the street from the convention center and the first 40-acres will open in 2019. To connect these amenities and to the rest of downtown, the Oklahoma City Streetcar will start service later this year.
    [Show full text]
  • Hidden Stories, Contested Truths: the Craft of Oral History
    Hidden Stories, Contested Truths: The Craft of Oral History 47th Annual Meeting of the Oral History Association Oklahoma City, Oklahoma | October 9–13, 2013 Sponsors Local Arrangements Committee WELCOME American University Larry O’Dell, Oklahoma History Center Center for Oral and Public History, Tanya Finchum, Oklahoma State University California State University, Fullerton We are delighted to welcome you to the 47th Annual Meeting of the Oral History Association. This year’s theme, “Hidden George Kaiser Family Foundation Stories, Contested Truths: The Craft of Oral History,” reminds us of the ongoing importance of our work and the diversity HISTORY® of ways the craft is practiced. OHA’s first-ever visit to Oklahoma City and the historic Skirvin Hilton Hotel promises new Institute for Oral History, Baylor University OHA Leadership opportunities for learning about the rich and unique landscapes, communities, and history of this region. The theme Institute of Oral History, University of Texas at El Paso resonated with researchers around the globe as speakers and presenters will represent North and South America, Europe, Asia, Madelyn Campbell Annual Meeting Speaker Fund President – Mary Larson, Oklahoma State University and Oceania, along with nearly every corner of the U.S. Oklahoma Oral History Research Program, Vice President/President-Elect – Stephen Sloan, Oklahoma State University Baylor University Our special events will ground you in the history of the region, showcase a musical performance based on oral histories, Oral History Program, Department of History, First Vice President – Paul Ortiz, University of Florida challenge historical memory and memorialization, and highlight an internationally acclaimed storyteller and recording College of Arts & Sciences, University of North Texas Executive Director – Cliff Kuhn, Georgia State University artist.
    [Show full text]
  • 73-0589829 990 200812.Pdf
    EXTENSION ATTACHED OMB No 1545-0047 Fo‘m 9 Return of Organization Exempt From Income Tax ' Under sectlon 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung ‘ benefit trust or prlvate foundation) Department of the Treasury Open to Public Internal Revenue Service > The organization may have to use a copy of this return to satisfy state reporting requuements Inspection A For the 2008 calendar year, or tax year beglnnlng , 2008, and ending , 20 B cm :1 Please 6 Name or organization UNITED WAY OF CENTRAL OKLAHOMAJ INC. ° Emeye' '“n‘mcam” “um” 9:35;? ‘33.}? Doing Business As 7 3 - o 5 8 9 8 2 9 Nam, change prlnt or Number and street (or P 0 box it mall is not delivered to street address) Room/sUite E Telephone number mum...“ :5: 1444 Nw 28TH STREET (405)236—8441 - “mm,” City or town, state or country, and ZIP + 4 3'51"“ “m OKLAHOMA CITY. OK 73106 G Gross receipts $ 20, 600. 946. 9533;!“ F Name and address of prinCIpal officer ROBERT SPINKS “(3) LSIIIIZISesaIIgroup returntor E Yes No 14 4 4 NW 28TH STREET OKLAHOMA CITY, OK 73106 “(bl “9 3" afil'htes mludad’ V95 - "0 i Tax-exempt status x I 501(c) ( 3 ) 4 (insert no) I I 4947(a)(1) or I I527 II 'No.' attach a Inst (see mstrucuons) J WEDsm’: ’ WWW . UNITEDWAYOKC . ORG H(C) Group exemption number p K Type of organization Lx I Corporation I I TrustI I AssoCiation I I Other 5 L Year of formation 1952i!“ State 01 legal domlCIIe OK Summary 1 Briefly describe the organization's misswn or most significant aCtIVItIeS‘ _ _ _ _ _ _ _ _ .
    [Show full text]
  • Funding Foundation The
    Oklahoma City communityI \ funding foundation the annual report 2001 focus on facts Growth of Distributions Growth of Total Assets Community Foundation 1992-200 I Community Foundation 1992-200 I 14 500 12 400 0 10 300 j 8 j 6 200 0 4 100 2 0 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001* 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Total Distributions Fiscol yeors ending June 30 Total Contributions Retained Investment Performance *Excludes donor-advised distributions mode outside Ok/ahomo Fiscal years ending June 30 Contributions Distributions of Grants Assets by by Type of Ftmd by Interest Area type of fund (Based on FY200 I) (Based on FY200 I grants) (Based on June 30,200 I assets) 21 .29% 28.53% 37.39% 57.02% Donor Advised Funds Arts and Culture • Donor Advised Funds • Affliated Funds Education • Agency Endowment • Designated Agency Environment Scholarships and Awards Endowment Funds • Health • Field of Interest Scholarships and Awards • Social Services • Unrestricted • Temporary Funds • Religion Administrative • Other Table of Contents Letter from the President Year in Review 0 Donor Services Margaret Annis Boys 10 year report? Donor Profiles Major Donors Benefactors Permanent Funds Family Funds Special Donors Distribution Committee Funds Field of Interest Funds Scholarship & Award Funds - Agency Endowment Funds Agency Affiliated Funds Community Programs Donor-Advised Grants Governance & Administration Investment Policies & Practices 200 I Independent Auditors' Report 0 Board of Trustees Former Trustees Officers Advisory & Board Committees Affiliated Fund Trustees Index Oklahoma City Community Foundation - Oklahoma City P.O. Box I 146/73 10 1-1 146 0 1300 N.
    [Show full text]
  • 2017 – 2018 Election Results Announced
    August, 2017 Vol. 50, No. 8 A Publication of the OKLAHOMA COUNTY BAR ASSOCIATION WWW.OKCBAR.ORG 2017 – 2018 Election Results Announced The OCBA Nominations & Elections Committee, chaired by President-Elect David Cheek, announces the results of this year’s election: Judge Sheila Stinson, Michael W. Brewer, Chandra R. Graham, President-Elect Vice President Law Library Trustee 2020 Directors BACK TO SANTA FE – February 23-27, 2018 Susan Carns Stanley L. Evans Miguel Garcia Curtiss By Ryan Dean On February 23 – 27, 2018, the Oklahoma County Bar Associ- ation’s 39th Annual Ski Seminar returns to Santa Fe, New Mexico. There will be six hours of approved CLE credit. The seminar will again take place at the Inn and Spa at Loretto; which provides excep- tional spa facilities. In addition, the Inn and Spa at Loretto provides a central location to explore Santa Fe; including restaurants, art galleries, and shops all within walking distance of the Inn. The Ski Seminar is a great place to network with fellow attorneys and judges Lauren Barghols Shanda McKenney Ken Stoner in a beautiful relaxed atmosphere. Additional information will be in Hanna the September issue of the Briefcase. Mark your calendars now! Inside OBA CUBA SIZZLIN’ SUMMER From the President . 2 Volunteer Opportunities . 6 CRUISE OF SERVICE Stump Roscoe . 3 Book Notes . 6 And the Court Said . 4 Couthouse Briefs . 12 Page 8 Page 7 Obituaries . 5 Bar Observer . 12 OKLA CITY OK CITY OKLA PERMIT# 59 PERMIT# PAID US POSTAGE US PRSRT STD PRSRT 2 BRIEFCASE • August 2017 From the President BRIEFCASE August 2017 Briefcase is a monthly publication of the Oklahoma County Bar Association 119 North Robinson Ave.
    [Show full text]
  • Annual Report July 1, 2017 - June 30, 2018 Positive Tomorrows Who I Am Makes a Difference
    Annual Report July 1, 2017 - June 30, 2018 Positive Tomorrows Who I am makes a difference. I am a Positive Tomorrows star. I am successful. I finish what I start. I am tenacious. I don’t quit until I succeed. I am able. I am able to help others succeed. I am ready. I am ready to learn. I am ready to do the right thing. I am ready to succeed. Table of Contents Positive Tomorrows Annual Report Staff & Board Extracurricular 4 15 Who We Are Moving Forward 6 16 By the Numbers Audited Financial Statement 8 18 Education Our Donors 10 20 Family Support 14 Administrative Staff: Susan Agel - President & Principal Our Staff Education Staff: Margaret Creighton - Development Director Amy Brewer - Director of Education David Wood - Director of Administration KayLeigh Brosh - Pre-K Teacher Rachel Durham - Development Officer Susan Paz - Kindergarten & First Grade Teacher Abigail Jones - Volunteer Coordinator Sue Gill - First & Second Grade Teacher Sarah Richert - Development Associate Sarah Caputo - First & Second Grade Aide/Art & Music Teacher Jayna Sunmugavail - Executive Assistant Caroline Price - First & Second Grade Aide Amy Nixon - Receptionist Kiana Christian - Third & Fourth Grade Teacher Family Support Staff: Chris Kjose - Third & Fourth Grade Aide Kelly Berger - Director of Family Support Abbie Gatewood - Fourth & Fifth Grade Teacher Stephanie Smiley - Lead Case Manager James Parson - Operations Manager Anitra Sephus - Case Manager Ericka Kennedy - Extracurricular Program Coordinator Nick Richert - Family Support Worker Pam Parson - School Chef Amber Rettke - Transition Coordinator David Whetzel - Driver Rachel Brown - Family Support Coordinator Accreditation United Way OK A+ School Positive Tomorrows is Positive Tomorrows is a Positive Tomorrows is a accredited by the North proud partner agency of the member of the Oklahoma Central Association, a United Way of Central OK.
    [Show full text]
  • Usef-I Q2 2021
    Units Cost Market Value U.S. EQUITY FUND-I U.S. Equities 88.35% Domestic Common Stocks 10X GENOMICS INC 5,585 868,056 1,093,655 1ST SOURCE CORP 249 9,322 11,569 2U INC 301 10,632 12,543 3D SYSTEMS CORP 128 1,079 5,116 3M CO 11,516 2,040,779 2,287,423 A O SMITH CORP 6,897 407,294 496,998 AARON'S CO INC/THE 472 8,022 15,099 ABBOTT LABORATORIES 24,799 2,007,619 2,874,948 ABBVIE INC 17,604 1,588,697 1,982,915 ABERCROMBIE & FITCH CO 1,021 19,690 47,405 ABIOMED INC 9,158 2,800,138 2,858,303 ABM INDUSTRIES INC 1,126 40,076 49,938 ACACIA RESEARCH CORP 1,223 7,498 8,267 ACADEMY SPORTS & OUTDOORS INC 1,036 35,982 42,725 ACADIA HEALTHCARE CO INC 2,181 67,154 136,858 ACADIA REALTY TRUST 1,390 24,572 30,524 ACCO BRANDS CORP 1,709 11,329 14,749 ACI WORLDWIDE INC 6,138 169,838 227,965 ACTIVISION BLIZZARD INC 13,175 839,968 1,257,422 ACUITY BRANDS INC 1,404 132,535 262,590 ACUSHNET HOLDINGS CORP 466 15,677 23,020 ADAPTHEALTH CORP 1,320 39,475 36,181 ADAPTIVE BIOTECHNOLOGIES CORP 18,687 644,897 763,551 ADDUS HOMECARE CORP 148 13,034 12,912 ADOBE INC 5,047 1,447,216 2,955,725 ADT INC 3,049 22,268 32,899 ADTALEM GLOBAL EDUCATION INC 846 31,161 30,151 ADTRAN INC 892 10,257 18,420 ADVANCE AUTO PARTS INC 216 34,544 44,310 ADVANCED DRAINAGE SYSTEMS INC 12,295 298,154 1,433,228 ADVANCED MICRO DEVICES INC 14,280 895,664 1,341,320 ADVANSIX INC 674 15,459 20,126 ADVANTAGE SOLUTIONS INC 1,279 14,497 13,800 ADVERUM BIOTECHNOLOGIES INC 1,840 7,030 6,440 AECOM 5,145 227,453 325,781 AEGLEA BIOTHERAPEUTICS INC 287 1,770 1,998 AEMETIS INC 498 6,023 5,563 AERSALE CORP
    [Show full text]
  • OKLAHOMA CITY 2019 Year-End Office Market Summary
    OKLAHOMA CITY 2019 Year-End Office Market Summary Photo Credit: Steve Johnson TABLE OF CONTENTS Office Market Summary 1 Central Business District Submarket 2–3 Northwest Submarket 4-7 North Submarket 8-10 Medical Office Submarket 10 Midtown Submarket 11 West Submarket 12–13 Suburban Submarket 13 Submarket Map The information contained herein has been obtained from reasonably reliable sources. Price Edwards & Company makes no guarantee, either express or implied, as to the accuracy of such information. All data contained herein is subject to errors, omissions and changes. Reproduction in whole or in part, without prior written consent is prohibited. OKLAHOMA CITY 2019 Year-End Office Market Summary The calendar year 2019 showed minimal space on the market in the first half of 2020. OKC TOTAL OFFICE MARKET VACANCY change in the Oklahoma City office market, Additionally, the usually well-occupied IBC Market Vacancy CBD Vacancy Suburban Vacancy but what change occurred was mostly Center will soon have approximately 80,000 25% negative. In general, the market began to square feet made available by the relocations give back much of the 400,000 square feet of Echo Energy and EOG Resources. 20% of positive absorption that occurred in 2018. 15% Vacancies increased from 20.1% to 20.9% 2020 will be critical year for the local office and absorption of space totaled a negative market. Despite a brief rebound from the 10% 68,000 square feet as more space was 2014-2015 plunge in energy prices, the market vacated than leased during the year. Although has still not recovered. And, with increased 5% the Central Business District experienced investor emphasis on bottom line cash flows positive absorption of 56,000 square feet, rather than reserves or production growth, 0% the suburban markets had approximately we will likely see bankruptcies, mergers and '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 124,000 square feet of negative absorption.
    [Show full text]