Industrial Facility for Sale 2040 Se 67Th St., Oklahoma City, Ok

INDUSTRIAL FACILITY FOR SALE 2040 SE 67TH ST., OKLAHOMA CITY, OK

BRETT PRICE, CCIM, SIOR KRIS DAVIS, SIOR Senior Vice President Senior Vice President T 405.606.7153 T 405.286.6153

MORE INFORMATION AVAILABLE ONLINE: C 405.613.8380 C 405.202.9525 www.newmarklsb.com [email protected] [email protected] INDUSTRIAL FACILITY FOR SALE 2040 SE 67TH ST., OKLAHOMA CITY, OK

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OKLAHOMA CITY TULSA OFFICE 204 N. Robinson, Suite 700 2021 S. Lewis, Suite 410 Oklahoma City, OK 73102 Tulsa, OK 74104 www.newmarklsb.com 405-840-1500 918-481-3200 TABLEPROPOSAL OF CONTENTS FOR COMMERCIAL SERVICES

2040 SE 67TH ST., OKLAHOMA CITY, OK

1. PROPERTY INFORMATION 4

Executive Summary 5 Property Photos 6 2. LOCATION INFORMATION 8

Regional Map 9 Location Maps 10 Aerial Maps 11 3. MARKET OVERVIEW 13

4. ADVISOR BIOS 25

Brett Price, CCIM, SIOR 26 Kris Davis, SIOR 27

OKLAHOMA CITY TULSA OFFICE 204 N. Robinson, Suite 700 2021 S. Lewis, Suite 410 Oklahoma City, OK 73102 Tulsa, OK 74104 www.newmarklsb.com 405-840-1500 918-481-3200 2040 SE 67TH ST., OKLAHOMA CITY, OK

SECTION 1 PROPERTY INFORMATION SECTION 1. PROPERTY INFORMATION INDUSTRIAL FACILITY FOR SALE 2040 SE 67TH ST., OKLAHOMA CITY, OK

OFFERING SUMMARY PROPERTY OVERVIEW

Sale Price: $412,500 This property, consisting of 7,500 sf warehouse space and 750 sf office space, is located less than one mile north of I-240. Building Size: 8,250 SF PROPERTY HIGHLIGHTS Price / SF: $50.00 • (2) 14' grade level doors

Lot Size: 1.17 Acres • New roof over office in 2016 • Concrete tilt-wall construction Grade Level Doors 2 • Outdoor storage • Drive thru access Year Built: 1986

Clear Height: 16' - 18'

Zoning: I-2

Market: Oklahoma City

Submarket: Southeast

Cross Streets: SE 67th & S Eastern

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SECTION 2 LOCATION INFORMATION SECTION 2. LOCATION INFORMATION INDUSTRIAL FACILITY FOR SALE 2040 SE 67TH ST., OKLAHOMA CITY, OK

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SECTION 3 MARKET OVERVIEW SECTION 3. MARKET OVERVIEW INDUSTRIAL FACILITY FOR SALE 2040 SE 67TH ST., OKLAHOMA CITY, OK

Market Overview

With a population of approximately 630,000, Oklahoma City is also home to the Myriad Oklahoma City has earned a number of Oklahoma City is a sprawling state capital Botanical Gardens, the Oklahoma City recent accolades for its economic strength encompassing more than 620 square National Memorial, and the OKC Museum and quality of life, including: miles—the country’s third-largest city in of Art. The area further benefits from Devon terms of area. Oklahoma City is the seat of Energy’s $750 million headquarters, com- SmartAsset, April 2017 Oklahoma County and one of the larger cit- pleted in early 2012, bringing nearly 2,500 OKC ranked No. 2 in “Best Cities” for First- ies in the Great Plains region, as well as the employees and contractors to the area. The Time Homebuyers in 2017. nation’s 29th largest city in population. The 700,000 square foot BOK Park Plaza is the Demographia, January 2017 Greater Oklahoma City Metro Area includes newest downtown office tower, scheduled to OKC is in the top-ten major markets for 10 counties and nearly 1.4 million people. be completed in 2017. Devon Energy and housing affordability. Bank of Oklahoma will be the anchor tenants Thanks to a citywide revitalization ef- with retail on the first floor. In 2009, voters WalletHub, January 2017 fort, downtown Oklahoma City boasts the approved a $777 million initiative that will OKC in top ten among large cities for Bricktown Entertainment District, one of the bring a new urban park, convention center, recession recovery. fastest-growing entertainment districts in the streetcar line, and other projects to the city, Forbes, December 2016 region and one of the most popular destina- generating an estimated 25,000 new jobs. tions in the state. Bricktown is home to doz- OKC is one of the top metros for wage growth The $288 million Oklahoma Convention over the past decade. ens of restaurants, dance clubs, live music Center is set to open in 2020 and contain venues, upscale retail shops and offices. 275,000 square feet of exhibition halls and Fraser Institute, December 2016 The $45 million state-of-the-art Riversport meeting rooms. Oklahoma Ranks No. 1 for oil and gas Rapids Whitewater Rafting and Kayaking investment worldwide. Center, located just south of Bricktown, is The overwhelming popularity of the NBA one of the biggest rafting facilities in the Thunder has also had a tremendous impact Global Trade, November 2016 world. The center opened in the summer of on economic development. City officials es- What are the best cities for workforce? OKC 2016 and is home to the U.S. Olympic kayak timate the team’s economic impact at $1.5 earns high marks. and canoe team. million per game and over $64 million per USA Today, October 2016 season. The figure is sometimes criticized OKC is Tops Among Tourists. The metro area boasts varied terrain, abun- as too low since it does not include employ- dant recreation, and a plethora of arts and ment at the arena, restaurants and hotels CNBC, August 2016 entertainment venues. The “live, work, play” that can be attributed to the games. It also OKC among the top cities rebounding from the lifestyle is gaining momentum throughout does not calculate the impact of national and Great Recession. many downtown districts, as evident by the international positive coverage for the city. increase of mixed-use facility buildings that Business Facilities, August 2016 combine retail, entertainment, office and In January 2017, the city’s unemployment OKC rank No. 1 for quality of life. residential space to provide a little bit of rate was 4.1%, in the top ten lowest rates Angie’s List, May 2016 everything for their residents. A couple of among large metro areas (over one million The housing market in OKC gives you more mixed-use projects include the First National population.) The Oklahoma City MSA has bang for your buck. Center in the CBD and The Steelyard in been among the 25 lowest unemployment Bricktown. large metros for six years. Zumper, May 2016 OKC makes the honor roll when it comes to college grads.

“Since 1999, the number of Californians The Princeton Review, May 2016 departing the Golden State Two OKC-area graduate entrepreneurship programs in national top 25. for Oklahoma has outnumbered USA Today, April 2016 those going the opposite direction Myriad Botanical Gardens ranks among by more than 21,000… nation’s best.

The influx of Californians Merchant Cash USA, March 2016 is a sign of Oklahoma’s OKC ranks No. 1 for women entrepreneurs. growing economic prowess.” SmartAsset, March 2016 OKC ranks No. 8 in millennial home USA Today ownership.

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Population Oklahoma City MSA Population Oklahoma City has seen immense growth over the past decade. As of 2017, the Oklahoma City Metro area’s population is nearing 1.4 million people. Its population has grown by more than 6% (double 2,000,000 the national average) since the 2010 Census. Since 2010, the Oklahoma City MSA is the 10th fastest growing large metro in the 1,500,000 country (more than 1 million population) and has grown twice as 1,000,000 fast as the U.S. Oklahoma City’s median age is 35.3 years, with more than 23% of residents between the key renter demographic 950,000 of 20 to 34 years of age. 1 , 4 6 5 8 1 , 3 5 8 4 2 1 , 0 9 5 4 2 1 , 2 5 7 9 0 900,000 9 7 1 , 0 4 2 0 1990 2000 2010 2015 2020

Source: Moody’s Analytics, Precis Q4 2016

Total Employment by Industry Government 19.2% Trade, Transportation and Utilities 19.2% Manufacturing 13.2% Education and Health Services 11.8% Professional and Business Services 11.8% Leisure and Hospitality 10.0% Financial Activities 4.9% Construction 4.3% Other 4.1% Information 1.0% Natural Resources and Mining 0.5% Source: Bureau of Labor Statistics, Current Employment Statistics, 2014 OKC MSA

Cost250 of Living Index

200

150

100

Source: Cost of Living, C2ER 2016 Q4

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Economic Development | New Construction

Downtown Oklahoma City and the Central Business District are in the midst of an economic revival - one of the largest in the nation. Downtown has attracted more than $5 billion in public and private investment since the original MAPS project. Since 2000, Downtown Oklahoma City has witnessed: > Population increase of over 20%, with the daytime population within a three-mile radius swelling to nearly 200,000. > Traffic counts exceeding 100,000 daily at I-35 and I-40. > Property value increase 118% along with more than 1,000 multifamily units that opened in 2015 and 2016. Of the numerous development and redevelopment projects oc- curring or completed throughout the city, the most significant ventures include: MAPS 3 PROJECTS In 2009, voters approved a MAPS 3 initiative that will use a penny sales tax to fund $777 million in eight community projects through 2022. These projects are expected to create 25,000 new, per- manent private-sector jobs. Officials hope that MAPS 3 will spur Downtown Park billions of dollars in private investments, as its predecessors did. The $130 million, 70 acre urban park proposed as part of MAPS Although final designs are still to be determined, major compo- 3 will include a playground, walking/biking trails, athletic fields, nents of the latest MAPS program include the following: amphitheaters, a dog park, restaurants, public art space, and gardens. The park will be bisected by the new I-40, with the sections New Convention Center linked by a pedestrian skybridge. Completion is expected in 2021. The $287 million convention center will be located just south of the Chesapeake Arena and is expected to triple the economic Riversport Rapids Whitewater Rafting & Kayaking Center impact of the existing Cox Convention Center. Annual economic The new $45 million whitewater rafting and kayaking center will be impact of the new 470,000 square foot center is estimated at $80 a state-of-the-art aquatic adventure facility, one of the biggest raft- million, while a total of 1,100 jobs would be created by the site, up ing facilities in the world. Oklahoma City is the home of the U.S. from the current 400. Construction is expected to begin in 2018 Olympic canoe and kayak team and was one of only six stops on with an opening in 2020. the 2016 Road to Rio Olympic tour.

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Economic Development | New Construction continued Streetcar System HOBBY LOBBY Another part of MAPS 3 will be a $130 million downtown streetcar In 2015, Hobby Lobby completed its $88 million, 1.9 million system and a transit hub connecting buses, the streetcar, and rail square foot warehouse (equal to 33 football fields) adjacent to lines. The streetcar system would run for about seven miles with its corporate campus in southwest Oklahoma City. Hobby Lobby two routes. Route 1 will connect the CBD with Automobile Alley, is one of the largest owners of commercial real estate across the Midtown, St. Anthony hospital, Bricktown, and the future MAPS metro, with approximately 6 million square feet. 3 Convention Center. Route 2 will exclusively serve Bricktown and the CBD. Construction began in February 2017 and the OKC Streetcar service is scheduled to begin in December 2018. PROJECT 180 Funded by the tax increment financing district created for Devon Energy’s project, the $176 million project redesigned downtown streets, sidewalks, parks and plazas to improve appearance and make the central core more pedestrian friendly. The project began in 2010 and was completed in 2016. TINKER AFB EXPANSION In July 2016, Tinker AFB broke ground on the new KC-46A Tanker Sustainment Campus. The 158 acre maintenance, repair and overhaul operations for the new aerial refueling tanker will create more than 1,300 jobs. The first KC-46A is slated to arrive at Tinker AFB in 2018. OUTLET SHOPPES OF OKLAHOMA CITY CHISOLM CREEK The Outlet Shoppes welcomed several new national retailers in The 190 acre mixed-use development in northwest Oklahoma 2016, including Zales, Croc’s, and Old Navy Outlet with several City is under construction in the Quail Springs’ area. The project more tenants opening in 2017 including Bath & Body Works. will include retail, hotel and event space, class A office facilities, GENERAL ELECTRIC high-end retailers, medical, a farmers market, and a food truck court. Several components of the project are completed includ- Completed in 2016, the GE Oil and Gas Technology center is the ing Cabela’s, Top Golf, and the Saint Anthony’s Healthplex which only one of its seven research centers across the world dedicated opened in 2015. to a single industry. The $110 million global energy research center will employ 130 employees focused on solving problems BOEING facing the oil and natural gas industry and is expected to generate Completed an $80 million, 290,000 square foot facility to house an economic impact of $13 million annually. the engineering and research and development laboratories in July 2016. The facility is larger than five football fields and is the newest addition to Boeing’s Oklahoma City site, headquarters to the company’s Aircraft Modernization and Sustainment business. Boeing’s economic impact to Oklahoma City is estimated at more than $637 million. THE METROPOLITAN Opened in early 2016, the Metropolitan is the largest single housing development announcement for Downtown Oklahoma City with 330 units. The project includes a large parking garage and 8,000 square feet of amenities. PAYCOM In addition to the firm’s new 90,000 square foot headquarters building, another $10.8 million development is under construction

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Economic Development | New Construction continued allowing the company to add nearly 700 new jobs over the next 21C MUSEUM HOTEL five years. The campus will also allow for future expansions. The 97 year old Fred Jones Assembly plant was renovated into a LIFE TIME FITNESS 134 room 21c Museum Hotel. The former Ford Model T assembly plant houses a contemporary art museum, restaurant, and Life Time Fitness is under construction for its first location in the bar. Many aspects of the assembly plant have been incorporated metro at Quail Springs Mall. The former Macy’s building will be into the renovation. Completed June 2016. torn down to make way for the 181,000 square foot fitness center that will include indoor tennis courts, an outdoor pool and basket- WHEELER DISTRICT ball courts. 2018 estimated completion. Wheeler District is a 158 acre mixed-use neighborhood located TRADER JOE’S south of the Oklahoma River being built at the former Downtown Airpark. It will include 100,000 square feet of retail and entertain- The first Trader Joe’s in Oklahoma City opened in September ment and 2,000 new housing units. The former Santa Monica Pier 2016 in Nichols Hills. It is the store’s second location in the state. Ferris Wheel was relocated to the district in 2016. Developers WARREN THEATRE anticipate the redevelopment to be a 15 year project. Expanding from its current location in Moore, Warren Theatres is proposing two additional locations. The proposed Warren BOK PARK PLAZA Theatre in Midwest City will feature 14 auditoriums. A second A new 27 story, 690,000 square foot office tower is under con- proposed location is on the northeast side of Oklahoma City just struction downtown. Bank of Oklahoma and Devon Energy will be off of the Kilpatrick Turnpike. the two main tenants in the building, but there is additional office and retail space available. The tower is expected to be completed FIRST NATIONAL CENTER in 2017. The historic First National Center was purchased by a local development group in 2017. Built in the 1930’s, the 1 million square foot building contained office space and retail on the first floor. The new owners plan to convert and transform the property into a mixed-use space including a hotel, multiple restaurants, commercial space and 200 apartments on the upper floors.

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Economy | Employment

Oklahoma City’s economy is based on seven major industry clusters: aviation and aerospace; biosciences; energy; healthcare; technology/manufacturing; professional, business and financial services and distribution/warehousing.

“While total job growth was relatively flat in 2016, this was actually viewed as a positive given the downturn in the oil and gas sector. Historically, the region and state have performed much worse in times of declining oil prices.

The avoidance of overall job declines can, in part, be attributed to increased diversification within the Greater Oklahoma City regional economy…Metro job growth in 2017 is expected to grow by 0.7 percent or 4,200 jobs with much of that growth coming by the end of the year.” 2017 Greater Oklahoma City Chamber Economic Forecast

Historically known for its oil and gas industry, Oklahoma City’s economy has become much more diversified. Major industries such as aerospace, biotech, government, energy, healthcare and professional services make up the economy. Only two of the largest twenty employers are oil and gas firms. Oklahoma City is also home to Love’s Travel Stops, Hobby Lobby, Paycom and Tinker Air Force Base (the single largest employer in the state).

The area’s flourishing bioscience industry contributes more than $6.7 billion in economic activity, supports more than 51,000 workers with total compensation of $2.2 billion, according to the Greater Oklahoma City Chamber. Oklahoma City was selected in late 2015 as one of only two cities in the country to participate in the Bas Initiative on Innovation and Placemaking, a joint initiative of the Brookings Institute and Project for Public Spaces (PPS). The groups began an 18 month study of the area encompassing the Oklahoma Health Center and Automobile Alley. The Innovation District has a special focus on strong entrepreneurship to create mixed-use spaces that encourage collaboration and sharing ideas that can lead to more development, access to capital and commercialization.

Leading employment sectors include government (19%), trade transportation (19%), manufacturing (13%), and education and health (12%). The City is the seat of government for the state, as well as the county, and many regional federal agency offices are located in Oklahoma City. The energy industry makes up only 3% of the metro’s employment base.

Not surprisingly, the area’s corporate presence is impressive, with companies operating in the area including: Boeing, Baker Hughes, AOL, Sprint, The Hartford and Dell Computers. Devon Energy,

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Economy | Employment continued

Oklahoma has been one of the world’s major aerospace industry Chesapeake Energy, centers since World War II. Clyde Cessna began testing aircrafts Hobby Lobby, and Kerr- in the state during the early decades of the 20th century. More than McGee (now SandRidge 230 aerospace firms are located throughout the Oklahoma City met- Energy) were all founded ro employing more than 36,000 workers. Aerospace firms produce and remain headquar- $4.9 billion in goods and services locally. Throughout the state there tered in the greater metro are more than 500 aerospace companies contributing over $12.5 area. billion to the state’s economy. Oklahoma City’s Federal Aviation Tinker Air Force Base, Administration Mike Monroney Aeronautical Center is the central also known as Oklahoma training and support facility in the U.S. for the FAA and the U.S. City Air Logistics Center Department of Transportation. The center trains more than 20,000 (OC-ALC), the metro students each year. Additionally, Oklahoma is leading the research area’s second largest and development of commercial uses for unmanned aircraft devel- employer, is located in opment. Oklahoma State University established the world’s first the suburb of Midwest university graduate degree in Unmanned Aerial Systems. City. Tinker AFB is the Oklahoma’s Indian gaming industry brought more than $4.75 billion state’s largest industrial to the state’s economy in 2015, representing 3% of private produc- operation and home to tion, and supported nearly 28,000 jobs, according to a new eco- seven major Department nomic impact study from the Oklahoma Indian Gaming Association. of Defense, Air Force, In 2015 there were 45.9 million visits to Oklahoma Indian casinos, and Navy activities with with approximately a third of the visits from out of state. In 2015 critical national defense alone, the Oklahoma Tribal Gaming Operations spent $363 million missions. The base has on capital improvements, creating an estimated 2,700 jobs and an estimated 27,000 mili- earnings of nearly $125 million to the construction industry. tary and civilian employees and is the largest single-site employer in Oklahoma. Tinker AFB covers 5,033 acres and has 760 buildings, Home to more equine events than any other city in the world, with over 15.2 million square feet of space. Tinker AFB contributes Oklahoma City is known as the “Horse Show Capital of the World”. more than $3 billion to the local economy. The equine industry is a key economic generator, supporting 35,000 jobs with an estimated economic impact of $126.5 million each year. In 2015, Tinker Air Force Base took possession of the 158 acre site Breeders, trainers, and owners of race horses account for 67% of that was once a BNSF rail yard. The $44 million acquisition will be direct impact and 75% of the direct industry jobs. The city is also home to a maintenance base for the KC-46A Pegasus, a Boeing one of the nation’s largest processing centers for a variety of farm plane still in development. The KC-46A program is expected to products and is home to the world’s largest stocker and feeder cattle employ more than 1,300 people. The Altus Air Force Base, in south- market. west Oklahoma, was chosen as the training site for the KC-46A.

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Leading Employers

Greater Oklahoma City’s workforce is considered one of the COMPANY PRODUCT/SERVICE EMPLOYEES area’s best assets. In January 2017, the city’s unemployment rate State of Oklahoma Government 45,600 was 4.1%, in the top ten lowest rates among large metro areas (over one million population.) The Oklahoma City MSA has been Tinker Air Force Base Military 24,000 among the 25 lowest unemployment large metros for six years. OU - Norman Campus Higher Education 12,700 In 2016, the Oklahoma City metro area added about 3,100 jobs. Job growth in 2017 is expected to increase by 0.7%, which will FAA Mike Monroney Aeronautical Ctr. Aerospace 7,000 account for about 4,200 new jobs across various sectors. INTEGRIS Health* Health Care 6,000

Two Fortune 500 companies are headquartered in Oklahoma Hobby Lobby Stores Inc.* Wholesale & Retail 5,100 City: Devon Energy and Chesapeake Energy. While energy firms are significant employers, only two of the top 20 employers OU - Health Science Center Higher Education 5,000 are energy-related companies. Local retail giant Hobby Lobby, City of Oklahoma City Government 4,700 employs more workers than either of the oil and gas firms. Five of the largest top 20 employers are in the healthcare industry. Mercy Hospital* Health Care 4,500 With 26,000 employees, Tinker is the largest private employer OG&E Energy Corp.* Utility 3,400 in the state. According to the Greater Oklahoma City Chamber of Commerce, metro job growth is expected to be relatively flat; OU - Medical Center Health Care 3,200 around 1 percent growth through 2017. SSM Healthcare of Oklahoma* Health Care 3,000

University of Central Oklahoma Higher Education 3,000

Norman Regional Hospital Healthcare 2,950

The Boeing Company Aerospace 2,600

Devon Energy Corp* Oil & Gas 2,500

Chesapeake Energy* Oil & Gas 2,500

Sonic Corp.* Wholesale & Retail 2,460

AT&T Telecommunications 2,100

Oklahoma City Community College Education 2,100

Dell Sales and Business 1,800

UPS Transportation 1,700

Hertz Corporation Rental Sales 1,700

Love’s Travel Stops & Country Stores* Retail 1,700

American Fidelity* Finance / Insurance 1,650

Cox Communications* Telecommunications 1,400

Great Plains Coca-Cola Bottling Co. Beverage Distributor 1,300

Farmers Insurance Group Insurance 1,300

Midfirst Bank* Finance 1,150

Bank of Oklahoma Finance 1,100

Dolese Bros. Co.* Manufacturing 1,100

Continental Resources* Oil & Gas 1,000

Deaconess Hospital* Health Care 1,000

Rose State College Higher Education 1,000

*Indicates headquarters in metro area Employee counts subject to change. Source: The Greater Oklahoma City Chamber, October 2016 Page 21 SECTION 3. MARKET OVERVIEW INDUSTRIAL FACILITY FOR SALE 2040 SE 67TH ST., OKLAHOMA CITY, OK

Education

Oklahoma City Public Schools is the state’s largest district with approximately 45,000 students. It also serves as a major employer, with 4,600 faculty and staff members. The district is one of the few urban districts in the nation with a growing enrollment, due largely to the “MAPS for Kids” citywide improvement plan. Completed in 2012, the initiative was a 10 year, $700 million construction and renovation program to improve school facilities throughout Oklahoma City’s 24 school districts. The project included building or renovating 75 school sites, new buses, and upgrading technology.

In February 2017, the website SmartAsset ranked Oklahoma City #7 on the best city to raise a family. High school graduation rates, unemployment rate, child care costs, and housing costs contrib- uted to the metro’s high ranking.

The city was also recognized for its community programs, including the Supporting Kids in Independent Living program and the Leadership Oklahoma City’s Youth in Action council. OKC is also home to the Oklahoma School of Science and Mathematics, which educates the state’s most-gifted math and science students. Oklahoma City has a diversified number of well-developed private and parochial schools also.

There are 18 public and private colleges and universities in the Oklahoma City metro. The University of Oklahoma is one of two research universities in the state along with Oklahoma State University (Stillwater, OK).

Oklahoma also has a nationally acclaimed career and technology system, offering programs and services in nearly 400 school districts across the state. Oklahoma Career Tech is leading the nation in the development of Career Clusters which help students identify pathways from secondary school to career and technology education, colleges, graduate schools and the workplace.

Largest Colleges and Universities Educational Attainment Oklahoma City MSA - Fall 2016 Population 25 Yrs and older

School Student Enrollment University of Oklahoma (all campuses) 31,250 Less than High School Graduate 11.9% Oklahoma State University (Stillwater campus) 29,174 High School/Technical School 27.8% University of Central Oklahoma 16,428 Associate’s Degree/Some College 30.9% Oklahoma City Community College 14,757 Bachelor’s Degree or higher 29.3% Rose State College 8,900 Oklahoma City University 2,991 Oklahoma Christian University 2,600 Source: Census, 2015 American Community Survey (1 yr estimate) OKC Metro

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Transportation

HIGHWAYS Oklahoma City is strategically located at the junction of three of the nation’s major interstates, is equidistant from both coasts and is located at the center of the I-35 NAFTA corridor. The city boasts an excellent highway and turnpike system making for easy navigation - commute times average 20 minutes or less with minimal congestion. MSN.com ranked it the sixth most drivable city in the United States.

International connections are also readily accessible. The country’s most inland all-weather seaport is located 90 miles east, adding to the area’s potential for logistics and distribution.

TROLLEY | STREETCAR The city recently welcomed a new trolley system, dubbed the Oklahoma Spirit, which covers a three-mile area and loops through downtown, with an additional segment linking the state fairgrounds area with downtown and Bricktown. As mentioned, part of the MAPS 3 plan calls for a $130 million downtown streetcar service, as well as a transit hub. The streetcar system would run for about seven miles with two routes. Route 1 will connect the CBD with Automobile Alley, Midtown, St. Anthony hospital, Bricktown, and the future MAPS 3 Convention Center. Route 2 will exclusively serve Bricktown and the CBD. Construction began in February 2017 and the OKC Streetcar service is scheduled to begin in December 2018.

AIR Will Rogers World Airport is the city’s major commercial airport. The airport is located just a short distance from city center with easy access to three major Interstate Highways. Six commercial carriers serve the airport with an average of 75 total daily departures. 22 des- tinations are served nonstop. In 2016, the airport served 3.7 million passengers and is a key employment center, hosting 70 companies that employ nearly 12,000 people. In March 2016, a new airport rental car center opened servicing an average of 600 daily rentals. The $36.2 million, 19,000 square foot facility contains 820 parking spaces. There is a shuttle less than one mile that takes visitors between the car rental facility and the airport.

In addition, Wiley Post Airport is a general aviation airport that boasts nearly 80,000 flight operations each year. Sundance Airpark is a privately-owned, public-use facility that operates approximately 7,000 flights annually.

TRAIN Amtrak service is provided via The Heartland Flyer, which makes daily runs to Fort Worth, Texas. The train departs from the historic Santa Fe Depot at the front door of Bricktown – Oklahoma City’s entertainment district. Two major lines provide most of the rail transportation in the Oklahoma City MSA: Union Pacific and BNSF Railway. These lines have more than 4,000 miles of track and connect Oklahoma communities with other U.S. cities, markets and ports.

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Tourism & Recreation

Oklahoma City boasts myriad world-class museums, exquisite dining, luxury hotel accommodations, and a thriving nightlife. The City’s NBA basketball team—the Oklahoma City Thunder—play in the new Chesapeake Energy Arena. In addition, professional hockey returned to Oklahoma City in 2010. Some of the city’s area attractions include (but are not limited to):

BRICKTOWN One of the City’s most notable attractions is its Bricktown neighborhood, a premiere entertainment and dining venue. This once- busy warehouse district is now home to restaurants, movie the- aters, monumental bronze sculptures, and Chickasaw Bricktown Ballpark. The area is linked by the mile-long Bricktown Canal. The canal’s water taxi pass, which grants riders all-day access, is considered the best way to traverse Oklahoma City.

RIVERSPORT RAPIDS WHITEWATER RAFTING AND KAYAKING CENTER This $45 million state-of-the-art center, which is located just south of Bricktown, is one of the biggest rafting facilities in the world. The center opened in the summer of 2016 and is home to the U.S. Olympic kayak and canoe team. The adjoining Boathouse District also offers a zip line, pump track, extreme jumping, flatwa- ter kayaking, stand up paddle boarding, and dragon boat racing.

OKLAHOMA CITY MUSEUM OF ART Located in the heart of the Art District, the museum boasts the most comprehensive Dale Chihuly exhibit in the world.

STOCKYARDS CITY Home to Cattleman’s Steakhouse and Red Prime Steak, as well as western apparel and goods stores and Native American jewel- ers and art galleries.

THE MOTHER ROAD Oklahoma has more drivable miles of Route 66 than any other state.

OKLAHOMA RIVER Each year, the recently rejuvenated river attracts the nation’s top kayakers and canoeists.

MYRIAD BOTANICAL GARDENS Known for its Crystal Bridge Tropical Conservatory; the bridge was designed by I.M. Pei.

Page 24 2040 SE 67TH ST., OKLAHOMA CITY, OK

SECTION 4 ADVISOR BIOS SECTION 4. ADVISOR BIOS INDUSTRIAL FACILITY FOR SALE 2040 SE 67TH ST., OKLAHOMA CITY, OK

BRETT PRICE, CCIM, SIOR Professional Background Brett Price, CCIM, SIOR serves as Senior Vice President of Newmark Grubb Levy Strange Senior Vice President Beffort, specializing in the leasing and sales of industrial properties in Oklahoma. Over the past five years, he has closed over $260M in transactions.

Mr. Price is a member of the elite Society of Industrial and Office Realtors (SIOR). The SIOR designation is a professional achievement for highly qualified commercial real estate practitioners with a strong transactional history. Due to its eligibility qualifications, there are currently only 2,800 members in this distinguished organization worldwide.

Brett also holds the prestigious Certified Commercial Investment Member (CCIM) designation, which only 6 percent of all commercial brokers in the nation currently hold.

Brett earned a Bachelors degree in Entrepreneurship with a minor in Finance from Michael F. Price School of Business at the University of Oklahoma. Newmark Grubb Levy Strange Beffort 204 N. Robinson, Suite 700 Select Industrial Sale Transactions Oklahoma City, OK 73102 • Multiple addresses, Tulsa, OK, Thackeray Portfolio, 523,624 SF, $22,500,000 T 405.606.7153 • Multiple addresses, Tulsa, OK, Airpark Distribution Center, 300,000 SF, $20,930,000 C 405.613.8380 • Multiple addresses, Arlington, TX, Arlington Portfolio, 455,331 SF, $17,111,500 • 8301 N I-35 Service Rd., ShurTech Distribution Center, 280,000 SF, $17,000,000 F 405.772.7486 • Multiple addresses, OKC/Tulsa Portfolio, 377,570 SF, $16,700,000 [email protected] • 4800 Partnership Dr., Crest Warehouse, 220,000 SF, $9,000,000 • 11300 Partnership Dr., Iron Mountain Warehouse, 144,990 SF, $8,150,000 • 6601 S Air Depot Blvd., PODS Warehouse, 144,000 SF, $7,600,000 • 4401 E Hefner Rd., Kellogg Warehouse, 100,000 SF, $6,600,000 • 311 NW 122nd St., Jasco Warehouse, 180,620 SF, $6,200,000.00

Select Industrial Lease Transactions • 1609 B SE Grand, AAR Supply Chain, 131,400 SF • 4680 NW 3rd St., Pratt Corrugated Holdings, Inc., 107,100 SF • 5101 S Council Rd., Reel Power, 98,280 SF • 4401 E Hefner Rd., Kellogg, 69,634 SF • 315 S Hudiburg Circle, CMI, 58,446 SF • 3500 N Santa Fe Ave., Cytovance Biologics (Build-to-Suit), 30,000 SF

Memberships & Affiliations

Journal Record Achievers Under 40 - 2014 Newmark Grubb Top Producer - 2013, 2014 & 2015 NAIOP Industrial Sale of the Year, Tulsa, OK - 2015 CREC Industrial Sale of the Year, OKC, OK - 2013, 2015 & 2016 CREC Industrial Lease of the Year, OKC, OK - 2016 CoStar Top Industrial Leasing Broker, OKC, OK - 2016 Society of Industrial and Office Realtors (SIOR) Certified Commercial Investment Member (CCIM) Member of the Oklahoma Commercial Real Estate Council (CREC) Active Big Brother since 2010 for Big Brothers Big Sisters of Oklahoma LOYAL Class II Graduate (LOYAL is a Subsidiary of Leadership OKC and is a Network of Young Professionals)

Page 26 SECTION 4. ADVISOR BIOS INDUSTRIAL FACILITY FOR SALE 2040 SE 67TH ST., OKLAHOMA CITY, OK

KRIS DAVIS, SIOR Professional Background Professional Summary Senior Vice President Since joining Newmark Grubb in 2006, Kris has specialized in sales and leasing of industrial land, warehouses, distribution centers and general industrial properties. Over the course of his career he has further established himself as a leader providing service in the development of industrial business parks, build-to-suit projects & the real estate needs of industrial markets. Kris’s primary focus is to utilize his knowledge, experience and resources to provide a proven, comprehensive marketing system for sellers and landlords and to give advantage to buyers and tenants by supplying conclusive data and identifying key drivers to equip them with a complete, progressive approach to meeting their specific real estate needs and objectives. Mr. Davis is a member of the elite Society of Industrial and Office Realtors (SIOR). The SIOR designation is a professional achievement for highly qualified commercial real estate practitioners with a strong transactional history. Due to its eligibility qualifications, there are currently only 2,800 members in this distinguished organization worldwide. Kris’s experience with the Oklahoma City Industrial Market began eleven years ago in the Staffing Industry. There he specialized in negotiations and staffing services for large industrial companies in the metro. He also served as an industry consultant to smaller staffing companies, guiding them in adjusting their procedures to facilitate high volume accounts with streamline efficiency. This role allowed him to develop long lasting relationships with company officers and Newmark Grubb Levy Strange Beffort owners, both large and modest sized, and laid the strong foundation on which he continues to 204 N. Robinson, Suite 700 build upon and cultivate his reputation for continually producing operative, fiscal solutions for the Oklahoma City, OK 73102 client. T 405.286.6153 C 405.202.9525 Partial Client List F 405.463.3237 • Schlumberger [email protected] • Key Energy Services • Vaughn Foods • BioMet • Cooley Construction • Fabriclean Supply Company • JOBO, LLC • Naifco Realty • Sherwin Williams • Stabil Drill • Universal Trailers • Weatherford Drilling

Notable Sale or Lease Transactions • Multiple Property Package, Oklahoma City, Naifco Realty, $7,500,000.00 • 6601 S. Air Depot, Oklahoma City, Vaughn Foods, $2,260,668.00 • 1515 McCurdy, Duncan, DAEDF, $2,000,000.00 • 4901 S. Council Rd, Oklahoma City, JOBO, LLC $1,475,000.00 • 1120 E. Hwy. 152, Mustang, Ellison Investments, $1,000,000.00 • 70.31 Ac Reno & Sara, Oklahoma City, CBK, LLC, $925,000.00 • 10701 NW 2nd, Oklahoma City, Redback Energy, $915,000.00 • 10609 NW 2nd, Oklahoma City, Pure Energy, $405,000.00

Memberships & Affiliations

CREC Industrial Sale of the Year, OKC, OK, 2016 CREC Industrial Lease of the Year, OKC, OK, 2016 CoStar Top Industrial Leasing Broker, OKC, OK, 2016 Member, Society of Industrial and Office Realtors (SIOR) Member, Oklahoma Commercial Real Estate Council (CREC) Member, CREC Planning Committee

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