Offering Memorandum 1421 S Sheridan Rd., Tulsa, Ok

OFFERING MEMORANDUM

1421 S SHERIDAN RD., TULSA, OK

BRETT PRICE, CCIM, SIOR Senior Vice President T 405.606.7153 C 405.613.8380 [email protected]

COLLIER IMGRUND BRETT PRICE, CCIM, SIOR KRIS DAVIS, SIOR Industrial Associate Senior Vice President Senior Vice President C 214.392.7828 C 405.613.8380 C 405.202.9525 [email protected] [email protected] [email protected] OFFERING MEMORANDUM

1421 S SHERIDAN RD., TULSA, OK

CONFIDENTIALITY/DISCLAIMER

All materials and information received or derived from Newmark Grubb Levy Strange Beffort its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither Newmark Grubb Levy Strange Beffort its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Newmark Grubb Levy Strange Beffort will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their owninspections and investigations including through appropriate third party independent professionals selected by such party. All financialdata should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriateindependent professionals. Newmark Grubb Levy Strange Beffort makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Newmark Grubb Levy Strange Beffort does not serve as a financial advisor to any party regarding any proposed transaction.All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable con- tractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Newmark Grubb Levy Strange Beffort in compliance with all applicable fair housing and equal opportunity laws.

OKLAHOMA CITY TULSA OFFICE 204 N Robinson, Suite 700 110 W 7th St., Suite 2600 Oklahoma City, OK Tulsa, OK 74119 www.newmarklsb.com 405-840-1500 TABLEPROPOSAL OF CONTENTS FOR COMMERCIAL SERVICES

1421 S SHERIDAN RD., TULSA, OK

1. PROPERTY INFORMATION 4

Executive Summary 5 2. LOCATION INFORMATION 6

Regional Map 7 Location Maps 8 Aerial Maps 9 3. MARKET OVERVIEW 11

4. ADVISOR BIOS 23

OKLAHOMA CITY TULSA OFFICE 204 N. Robinson, Suite 700 110 W. 7th Street, Suite 2600 Oklahoma City, OK 73102 Tulsa, OK 74119 www.newmarklsb.com 405-840-1500 OFFERING MEMORANDUM

1421 S SHERIDAN RD., TULSA, OK

SECTION 1 PROPERTY INFORMATION SECTION 1. PROPERTY INFORMATION

1421 S SHERIDAN RD., TULSA, OK

OFFERING SUMMARY PROPERTY OVERVIEW

Sale Price: $2,200,000 Originally constructed in 1956, this flex warehouse space maintains arterial frontage along 15th and Sheridan. The building is within 2 miles of Highways 64, 44, and 244. Price/SF: $18.77 The property's location between Broken Arrow and Tulsa makes it ideally situated to service both markets. Building Size: 117,204 SF PROPERTY HIGHLIGHTS

Office Size: 92,204 SF • (4) 8' x 10' dock high doors • (1) 12' x 14' grade level door Warehouse Size: 25,000 SF • (4) 10' x 10' loading bays • 384 parking spaces Lot Size: 10.02 Acres • Secure & lit parking • Security cameras Year Built: 1956 • Exterior signage • Central plant HVAC Zoning: IM • 480Y/277V, 3-Phase, 4-Wire

Submarket: North Central Tulsa

Cross Streets: E 15th & S Sheridan

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SECTION 2 LOCATION INFORMATION SECTION 2. LOCATION INFORMATION

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SECTION 3 MARKET OVERVIEW SECTION 3. MARKET OVERVIEW

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Market Overview

The Tulsa MSA — Creek, Okmulgee, In 2003, Tulsa County approved a one- average despite declines in energy-based Osage, Pawnee, Rogers, Tulsa and penny, 13-year increase in the Tulsa employment. Tulsa boasts a business Wagoner counties — had a 2015 popula- County Sales Tax, called Vision 2025. base with aerospace, health care, energy, tion of 981,005, one quarter of Oklahoma’s This package has generated more than transportation, distribution, logistics and total population, and an estimated $33.6 $651 million in economic development manufacturing. Sound infrastructure, low billion GDP, 30 percent of the Oklahoma and capital improvements, including the cost of doing business, and strong eco- economy. Centrally located in the United BOK Center, which itself has brought nomic fundamentals continue to attract States, Tulsa’s highway and port access an estimated $300 million in economic new companies. connect it to the rest of the world. impact. On April 5, 2016 every city in In October 2013, the Creek Nation broke Tulsa County voted to extend the original Tulsa was classified as one of “America’s ground on River Spirit Casino Phase II Vision 2025 sales tax, including upgrades Most Livable Communities” by Forbes at their casino on the Arkansas River. to public safety, transportation, education and is well known for its art collection. The $365 million expansion will include and infrastructure. It also means a 15- Art deco architecture is prevalent in a 27-story glass resort hotel tower, year tax to fund a $510 million economic many downtown buildings and churches. 2,600-seat showroom theater, 1,500-car development program that includes two The Philbrook Museum of Art is highly parking structure, and Jimmy Buffett’s low-water dams on the Arkansas River, a regarded and the Gilcrease Museum Margaritaville restaurant and bar with an $65 million addition to Gilcrease Museum, houses the world’s largest and most com- adjacent casino. “This is a game-changer a $55 million renovation of Cox Business prehensive collection of art and artifacts not only for River Spirit Casino, but the Center, $30 million for Expo Square of the American West. The Tulsa MSA entire Tulsa region,” said Pat Crofts, CEO improvements, $27.5 million for Tulsa is home to ten higher education facilities of Muscogee (Creek) Nation Casinos. International Airport and $25 million for including The University of Tulsa, Oral “Not only will we be adding this incredible the Tulsa Zoo. Roberts University, and branches of destination resort, but the entire region both Oklahoma State University and the In March 2016, Tulsa’s unemployment will benefit from the added jobs and boost University of Oklahoma. rate was 4.7%, lower than the national to the local economy.”

TULSA ACCOLADES Tulsa has earned a number of recent accolades for its economic strength and quality of life, including:

No. 1 city among top 100 U.S. metros on growth and inclusion (Brookings Institute 2016)

No. 2 best city nationally for starting a business (WalletHub.com 2015)

No. 3 nationally for new and expanded facilities among tier II cities (Site Selection 2016)

No. 4 best north American city for aerospace (The World’s Most Competitive Cities 2015)

No. 5 most affordable big city in the U.S. (Yahoo Finance/Kiplinger 2014)

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Population Cost of Living Index The Tulsa MSA popu- Tulsa population Growth City Cost of Living Index lation grew 1.1% in 1,000,000 2015 to 981,005. 980,000 Memphis 84.5 960,000 It was the largest 940,000 Tulsa 86.0 one-year increase in 920,000 Tucson 92.8 population this decade 900,000 880,000 Wichita 93.1 for the metro area. 860,000 Tulsa will likely hit 840,000 Little Rock 95.2 820,000 the million-population 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Detroit 95.3 mark between 2017 Charlotte 96.4 and 2018. Tulsa metro’s population is expected to slightly outpace the projected national growth in the next 5 years. Tulsa’s median Pittsburgh 98.6 age is 36.7, with 30% minority ethnicity. U.S. 100 Denver 109.6 Chicago 116.2 Boston 144.3 Washington DC 146.8 San Francisco 176.4 Manhattan 227.4

Source: Cost of Living Index, C2ER 2015 Q4

Total Employment by Industry Ann. Growth SECTOR 2013 2018 2014-2018 Information 8.90% 6.40% -3.20% Air Transportation 7.10% 5.00% -3.00% Business & Prof. Services 55.10% 56.10% -0.20% Transportation, Warehousing 18.20% 16.90% -0.10% Financial Services 23.80% 23.10% -0.10% Leisure & Hospitality 36.80% 43.30% 1.30% Wholesale 15.90% 17.20% 1.50% Education & Health Ser vices 64.10% 72.80% 1.50% Government 57.10% 62.60% 1.60% Manufacturing 46.50% 57.20% 1.70% Retail 45.40% 54.90% 2.30% Mining 6.80% 9.10% 2.50% Construction 20.60% 25.90% 3.20% Tulsa Chamber, 2015 Economic Profile

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Economic Development | Metro Area

VISION 2025 | $884.1 MILLION TOTAL a rooftop patio bar, a 7,000 square foot conference center, a ball- On April 5th, 2016 every city in Tulsa County voted to extend the room, spa, pool, splash pad and playground. An estimated 45,000 original Vision 2025 sales tax. This balanced package includes visitors are expected by 2018. improvements in public safety, streets and transportation and economic development. The Arkansas River Development alone has BMX STADIUM & HEADQUARTERS | $15 MILLION the potential to add $122 million in annual revenue and 1,800 jobs. The American Bicycle Association and USA BMX officially announced their move to Tulsa, a day after voters approved $15 GATHERING PLACE | $200 MILLION+ million in funding for a new BMX stadium and headquarters – a A 55-acre park has been announced as a $200 million+ project part of the Vision Tulsa vote. The move is expected to bring more partially funded by the Kaiser Foundation along Riverside Drive at than 50 jobs and $10 million in additional economic impact each the Arkansas River. Features of the world class waterfront park will year to the Tulsa area. be a five-acre Adventure Playground and Mist Mountain, sports courts, bike and skate parks, nature trails, large lawns for concerts, STONEY CREEK HOTEL & CONFERENCE CENTER | BROKEN ARROW a lodge, a boathouse, pond and two land bridges connecting the Stoney Creek will have 187 hotel rooms, an indoor/outdoor swim- two sides of the park. The second phase of the project will include ming pool, and a conference area of 40,000 square feet and is a cultural museum. Construction began in September 2014 and is expected to open in late 2016. projected to be fully completed by 2017 or 2018. When completed, it will be the largest park in Oklahoma history.

RIVER SPIRIT CASINO | $335 MILLION In October 2013, the Muscogee (Creek) Nation broke ground on the $335 million dollar expansion at the River Spirit Casino Phase II. The expansion will add a 26-story luxury hotel, convention, and meeting space, a large pool deck and riverfront entertainment. The expansion incorporates the existing Jimmy Buffett’s Margaritaville complex which includes a 45,000 square foot themed casino, restaurant, bar, and retail outlet. The expansion also includes a new showroom theater, an upscale steakhouse, a new parking structure, and a new grand entrance to the facility. The economic impact of the two year construction project is projected to be approximately $305 million with more than 1,800 construction jobs. Once the project is complete, the casino will hire another 800 full- time employees.

TULSA COMMUNITY COLLEGE RIVERSIDE COMMUNITY CAMPUS AND AVIATION CENTER TCC remodeled an existing building that, in addition to classroom space, now houses a $1.4 million air traffic control simulator; three flight simulators, including a full-motion flight training simulator; and a 25,000 square foot hangar, home to TCC’s fleet of six air- craft. Among the benefits of the new location, which began holding classes in January, is the opportunity for future expansion.

SHANGRI-LA GOLF CLUB, RESORT, AND MARINA | $15 MILLION Shangri-La Golf Club, Resort and Marina plans to open a 38,000 square foot hotel in the spring of 2017, including 120 guest rooms, a casual dining restaurant, outdoor and indoor bar and grill venues,

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Economic Development | Downtown TRANSOK BUILDING | 37 LUXURY APARTMENTS FIRST STREET LOFTS | 22 UNITS, $6.5M The Transok Building, 2 W. Sixth St., will have four of its floors The former Jacob’s Hotel will be transformed into 22 residen- converted into 37 luxury apartments that are scheduled for avail- tial lofts with a roof top deck, ground-floor restaurant and retail ability by end of summer 2016. The first floor will have retail spaces. Estimated to be completed Summer 2016. space available for lease. HAMPTON INN | $17.3M Part of Phase II of the One Place development, a nine-story Hampton Inn & Suites will include 122 guest rooms along with a swimming pool, deck and fitness area. Projected completion end of 2016.

120 GREENWOOD VILLAGE | $25M Six-floor mixed-use project in the Greenwood District, directly across from ONEOK Ballpark. It includes a 96-suite extended stay hotel by Towne Place Suites, ground floor retail, office space and 157 parking spots. Estimated completion late 2016.

EAST END VILLAGE | $11.5 M MIXED USE PROJECT The first phase of East End Village, which created 48 apartments on the block, is now completely occupied. An additional 35 apartments are nearing completion, along with 6,000 square feet that could be used for retail or office space.

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New and Recent Economic Development | Metro Area OFFICE Sutherland Global 150+ job expansion E.Tulsa Hogan Assessments HQ 35,000 SF 11 S. Greenwood Gateway Office Plaza 85,000 SF Jenks Santa Fe Square 157,000 SF Downtown Tulsa RETAIL Trader Joe’s 9,500 SF Peoria Opened February 2016. 80% of employees will be from the Tulsa area. INDUSTRIAL Cherokee Outlets $80M, 300,000 SF Catoosa Upscale outlet mall and an entertainment district that connects the Macy’s Distribution Center $180M 1.3M SF Owasso shops to the Hard Rock Hotel & Casino Tulsa. Baker Hughes Artificial The Boxyard 30+ shipping containers Downtown Tulsa Lift Research & Future tenants include Dwelling Spaces, MASA Restaurant, Joebot’s Technology Center $40M 80,000 SF Claremore Coffee Bar. Proposed opening Spring 2016 CenterGate Business Park $60M 113,120 SF East Tulsa Catoosa Hills Shopping Center Catoosa Anchored by Walmart and fueled by the activity in the Port of MEDICAL Catoosa. Several tenants have already opened or will do so soon. Saint Francis Hospital opened an 8-story patient tower and The Walk at Tulsa Hills $32.5M, 150,000 SF Tulsa Hills emergency room consisting of 450,000 SF of new construction and 50,000 SF of renovation. The $206M project is one of the Retail development anchored by Cabela’s, also includes an Aldi largest recent medical additions in Tulsa. grocery store, Mathis Bros, Chuy’s Mexican Restaurant and Gander Mountain. When construction is complete, also will include a 47,000 Post Acute Medical broke ground on its second Tulsa location square foot movie theater and other retail and restaurants. and should be complete by Fall 2016. The 55,000 SF facility will provide 120 new jobs. EDUCATION

Tulsa Technology Cent. $38.5M Owasso Campus In August 2013, students began first semester. MULTIHOUSING Metro at Brady Arts 75 units Downtown Tulsa The Meridia 93 units Tulsa Reserve at Aspen Creek 240 units Broken Arrow Davis Village 289 units Tulsa The Edge 160 units Tulsa

Costco 148,000 SF 103rd & Memorial Creekside Luxury Apts. 248 units Broken Arrow Opened April 2016, this is Costco’s 705th store, and its opening Residences at resulted in more than 30 new jobs. Boardwalk 377 units Bixby

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Economy | Employment

Oklahoma has earned national attention since the recession of 2008 for its strong economic progress, in large part due to the expanding energy sector. The Tulsa metro has outpaced other regions in the areas of job creation, business attraction, and other key economic drivers. In January 2016, Tulsa reported a 4.7% unemployment rate, significantly lower than the national rate. The Tulsa Chamber forecasts employment will increase 2.2% annually until 2018 with most of the jobs created in the manufacturing, professional services, health care, and aerospace industries. The American Airlines maintenance facility is one of the largest private employers in the metro with 6,300 workers. AA’s Tulsa base is the world’s largest private maintenance facility, providing heavy maintenance work for its Boeing 757 and 777 fleets.

Tulsa is no longer called the “Oil Capital of the World” as it was in the early part of the 20th century, however the energy sector continues to be a leading economic driver for the metro. The oil and gas sector accounts for 5.6% of all non-farm employment in the Tulsa metro, but it supports a broad range of sectors throughout the economy. Every 10 employees in oil and gas support 23 additional employees in the local economy: 9.5 of whom work in industries that directly supply resources to the oil and gas industry. Statewide, more than 344,500 jobs are supported directly or indirectly by the oil and natural gas industry.

In April 2014, Macy’s broke ground on its newest order fulfillment center in the Tulsa metro. The facility will be 1.3 million square feet and cost approximately $180 million. The company plans to hire up to 5,000 people during peak season. This is the largest job announcement for the Tulsa metro in nearly a decade. The Macy’s center is projected to generate approximately $800 mil- Tulsa-area job announcement highlights in 2015 & 2016 lion in the value of goods and services produced. Tulsa beat out Company Type New Jobs many other cities vying for the distribution center due to its strong USA BMX HQ Bicycle Motocross Assoc. 50 employment base and affordable business costs. Containment Solutions Mfg Fuel Storage 85 Center for Orthopedic Tulsa’s Port of Catoosa is the second farthest inland river-port Reconstruction & Excellence Specialty Hospital 130 in the US and is the head of navigation for the McClellan-Kerr Arkansas River Navigation System (MKarns) which runs south- HQ Web-Based Credit Services Financial Samaritan Co 140 east through Oklahoma and Arkansas to the Mississippi River. The Port of Catoosa is a 2,000-acre industrial park resulting in an Sutherland Global Services Contract Accounting & Analysis 150 economic impact of $300 million to Oklahoma. The Port employs EAN Services Rental Car Shared Services 214 over 4,000 Oklahomans within 60 commercial and industrial Consumer Affairs Consumer Products 220 companies. In 2013, the Port of Catoosa handled 2.7 million tons Big Elk Energy Systems Engineering, Design & Mfg 340 of barge cargo. The Main Dock Warehouse will be undergoing St. Francis Health System Health Care 396 extensive upgrades and will be completed in 2016. The improvements will enable the port to move larger amounts of cargo more Alroica Customer Service Center 400 quickly.

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Leading Industries Major Employers 1,000 or more employees AEROSPACE Tulsa is home to more than 70 aerospace companies and more than 14,000 aerospace jobs. Aaon Tulsa is considered a leader in the aerospace industry. The American Airlines Maintenance AEP/Public Service Company of Oklahoma Repair and Overhaul Division, Tulsa’s largest aerospace employer, and many other aero- American Airlines Maintenance Base space companies are proud to call Tulsa home and continue to foster growth in the aero- AT&T space industry. Baker Hughes ENERGY Bank of Oklahoma Energy played a vital role in the development of Tulsa since the early 20th century. Oil was Broken Arrow Public Schools discovered in northeast Oklahoma and Tulsa soon became known as the “Oil Capital of the Blue Cross/Blue Shield of Oklahoma World”. Energy continues to directly support approximately 10 percent of the jobs in the area. Petroleum engineering and energy management curriculum in higher-education institutions Cherokee Hard Rock Hotel and Casino throughout the metro are some of the best in the world, and prepare the next generation of City of Tulsa energy industry leaders. DirecTV HEALTHCARE Hillcrest Healthcare System Health care accounts for more than 64,000 direct jobs in the Tulsa region for a direct total IC of Oklahoma economic impact of $3.8 billion. Medical students perform approximately 300,000 patient Jenks Public Schools visits per year at 24 community clinics. In 2014, Saint Francis Hospital opened an 8-story NORDAM Group patient tower and emergency room, one of the largest recent medical additions in Tulsa. The $206 million project was 450,000 square feet of new construction and 50,000 square feet of ONEOK renovation. ONE Gas MANUFACTURING Osage Casinos OSU Medical Center Tulsa’s manufacturing has been led by the booming oil and gas sector. Tulsa metro area has over 54,000 manufacturing jobs and the Tulsa Chamber forecasts that manufacturing hiring OU-Tulsa Schusterman Center will continue. Garner Economics reported that Tulsa ranked 12th in manufacturing growth Owasso Public Schools nationwide from April 2010-2014. QuikTrip Reasor's River Spirit Casino Saint Francis Healthcare System Spirit AeroSystems St. John Medical Center State Farm Tulsa Community College Tulsa County Tulsa Public Schools U.S. Postal Services Union Public Schools University of Tulsa Verizon Business Wal-Mart/Sam's Club Williams Companies

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Public Companies Headquartered In Tulsa AAON, Inc. Addvantage Technologies Group, Inc. Amerex Group BOK Financial Corp. Helmerich & Payne, Inc. Magellan Midstream Partners, LP Matrix Service Co. ONEOK, Inc. Orchids Paper Products Co. Public Service Company of Oklahoma Unit Corp. Williams Co., Inc. Williams Partners

Private Companies Headquartered In Tulsa Alliance Coal, LLC GBK Corp. (Kaiser-Francis Oil Co.) Mazzio’s Corporation National Truck Parts, Inc (CCI Corp.) QuikTrip Samson Investment Co. Seminole Energy Services, Co. United States Beef Corp. (Arby’s)

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Transportation PORT OF CATOOSA An inland multi-modal shipping complex on a 2,000-acre industrial park. Each day, products are moved through the Port using barge, rail and truck. In 2012 and 2013 the Port of Catoosa handled more than 2.7 million tons annually. TULSA INTERNATIONAL AIRPORT Tulsa is home to two airports. Commercial air travel through Tulsa International Airport (TUL) and general aviation services available at R.L. Jones, Jr. Airport (RVS). Airline carriers at TUL include: Allegiant, American Airlines, Delta, Southwest, United and U.S. Airways. Non-stop service to 17 cities throughout the U.S. is available at Tulsa including Atlanta, Charlotte, Chicago, Dallas, Denver, Houston, Newark, and Washington D.C. In July 2014, passenger activity increased 13.2% year-over-year repre- senting the largest growth in activity since May 2004. STREET PROJECTS In November, 2008, Tulsans voted to make a sizable investment in the community to provide $451.6 million in funding through the third penny sales tax and a general obligation bond issue. The two funding packages combined to represent the largest investment in infrastructure in Tulsa’s history. Most of the Fix Our Streets projects are already completed, and 23 are currently under construction. In 2014, Tulsans passed an Improve our Tulsa package, which replaced the 2008 Fix Our Streets program which expired in mid-2014. The package is a $918.7 million in capital improvements throughout the city funded by a 1.1% sales tax and a $355 million streets and bridges bond issue. More than half of the funds will be used for street repairs with smaller portions allocated for street widening and bridge improvements. LOCATION Tulsa’s location offers easy highway access to all parts of the country. Interstate 44 is the city’s major east/west thoroughfare which provides access to Oklahoma City and Joplin, Missouri. Highway 75 goes through Tulsa north to Kansas City or south to Dallas. The Creek Turnpike, Will Rogers, and Muskogee turnpikes offer easy destination access throughout the metro. Historical Route 66 runs through the heart of the city. MASS TRANSIT Tulsa Transit operates the local bus service in Tulsa and the surrounding communities. The bus system provides scheduled routes for the public and demand response curb-to-curb service for the elderly and disabled. Nearly $30 million of the Improve our Tulsa initiative was allocated for improvements in Tulsa’s public transit system including the purchase of a few new CNG buses to replace older buses, improving the quality of Tulsa’s air and reducing the cost of public transportation.

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Education

A dedicated group of city leaders has continued interest in the educational foundation of Tulsa. As a result, quality education is synonymous with the Tulsa region.

• More than 64 percent of Tulsa area residents have a high school diploma or higher, while nearly 26 percent have a Bachelor degree or higher.

• Oklahoma ranks No. 3 in the nation in early childhood education.

• In addition to the Tulsa Public Schools system, private and parochial systems within the Tulsa metro area offer complete Pre K-12 programs.

• Two-year higher education institutions in Tulsa include: Tulsa Community College, and Tulsa Technology University.

• Four-year higher education institutions in Tulsa include: The University of Tulsa, University of Oklahoma-Tulsa, Oklahoma State University- Tulsa, Oral Roberts University, Northeastern State University-Broken Arrow, Langston University, Spartan College and University of Phoenix-Tulsa Campus.

• Programs such as Tulsa Community College’s Tulsa Achieves pays up to 100 percent of tuition and fees for eligible students living in Tulsa County. Other programs vary from one institution to the other, making education a top priority in Tulsa.

• On March 2, 2010 Tulsa voters approved the largest school bond package in state history. The $354 million bond package is a 20-year capital improvement plan that will pay for things such as building renovations, roof and window replacement, security systems, new libraries and books, computers, new textbooks, buses and music and art equipment.

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Arts and Culture

Tulsa has a rich history in the arts and a thriving ar- tistic community. Classic and cutting-edge institutions like the Oklahoma Jazz Hall of Fame, the Tulsa Opera, Tulsa Symphony and Performing Arts Center set the stage in creative expression. A stronghold in the arts and education, the Tulsa community takes pride in its rich history with places such as the Philbrook Museum, Route 66, Cain’s Ballroom and the Gilcrease Museum. The Gilcrease Museum houses the world’s largest, most comprehensive collection of art and artifacts of the American West.

Neighborhoods Tulsa’s unique districts and neighborhoods offer both family activities and ample attractions. BLUE DOME DISTRICT A popular entertainment district encompassing nine square blocks in the eastern section of downtown Tulsa. It was named after 1920’s-era Gulf Oil station and known as a nightlife hot spot. BRADY ARTS DISTRICT One of the oldest sections in Tulsa and is character- ized by two-story brick warehouses. It’s home to Cain’s Ballroom and the Brady Theater. The Brady District has developed over the last 20 years into an entertainment and arts district, and is one of the most diverse areas in Tulsa. Each month, this area hosts a First Friday Art Crawl. The BOK Center is located southwest of the Brady District. GREENWOOD DISTRICT Home to the ONEOK Field. Greenwood was known as one of the most successful and wealthiest African American communities in the US during the early 20th Century and earned the nickname America’s Black Wall Street. CHERRY STREET DISTRICT Located on 15th Street and is home to local restaurants, boutique shops, art galleries, antique shops, and vin- tage shops.

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SECTION 4 ADVISOR BIOS Brett Price, CCIM, SIOR Kris Davis, SIOR Collier Imgrund Senior Vice President Senior Vice President Industrial Associate 405.606.7153 405.286.6153 214.392.7828 [email protected] [email protected] [email protected]

Brett Price, CCIM, SIOR, Kris Davis, SIOR and Collier Imgrund of Newmark Grubb Levy Strange Beffort, specialize in the leasing and sales of industrial properties and land development. They have over $290M in combined transactions over the past 5 years in the Oklahoma City and Tulsa areas. NOTABLE SALE TRANSACTIONS

Achievements & Recognitions ADDRESS PROPERTY SQUARE FEET SALE PRICE Armacell & LKQ 524 & 600 N Sara Rd., Yukon 431,750 $26,850,000 • Newmark Grubb Top Producers - Portfolio 2013, 2014, 2015 & 2017 • CREC Industrial Sale of the Multiple, Tulsa, OK Thackeray Portfolio 523,624 SF $22,500,000 Year - 2013, 2015, 2016 & 2017 Airpark Distribution Multiple, Tulsa, OK 300,000 SF $20,930,000 • CREC Industrial Lease of the Center Year - 2016 Multiple, Arlington, TX Arlington Portfolio 455,331 SF $17,111,500 • NAIOP Industrial Sale of the Year, Tulsa - 2015 & 2017 Shur Tech Distribution 8301 N I-35 Service Rd., OKC 280,000 SF $17,000,000 • CoStar Top Industrial Leasing Center Broker - 2016 & 2017 Multiple, OKC & Tulsa OKC/Tulsa Portfolio 377,570 SF $16,700,000 • Journal Record Achievers Under 40 4800 Partnership Dr., OKC Crest Foods Warehouse 220,000 SF $9,000,000

Areas of Specialization Multiple, Irving, TX Century Center 166,807 SF $9,000,000

• Industrial Leasing & Sales Iron Mountain 11300 Partnership Dr., OKC 144,990 SF $8,150,000 Warehouse • Land Sales & Development • Build to Suit 6601 S Air Depot Blvd., OKC PODS Warehouse 144,000 SF $7,600,000 • Tenant & Landlord 400 S Vermont, OKC Vermont Center 143,750 SF $7,050,000 Representation

4680 NW 3rd St., OKC RREEF Portfolio 260,115 SF $7,500,000 Professional Affiliations 4200 SE 59th St., OKC Johnson Controls 153,130 SF $6,000,000 MEMBER Schlumberger • Certified Commercial 7201 Sunnylane, OKC 124,800 SF $5,800,000 Investment (CCIM) Warehouse Cargill Refrigerated • Society of Industrial and 14343 N Kelley, OKC 57,125 SF $4,200,000 Warehouse Office Realtors (SIOR) • Oklahoma Commercial 607 N Miller Ave. AT&T Warehouse 125,000 SF $3,700,000 Real Estate Council (CREC) 1515 McCurdy, Duncan Universal Trailers 141,200 SF $2,000,000 • National Association of Industrial and Office Properties (NAIOP) OK Tax Commission 511 NE 31st St., OKC 38,550 SF $1,700,000 Warehouse

FMC & Halliburton W Reno & Sara Rd., Yukon 32,234 SF $1,500,000 Portfolio NOTABLE LEASE TRANSACTIONS

ADDRESS TENANT SQUARE FEET Sofidel American 420 S 145th E Ave., Tulsa 274,600 SF Corporation

4200 SE 59th St., OKC Dex Heavy Duty Parts 153,130 SF

1609 B SE Grand, OKC AAR Supply Chain 131,400 SF

Pratt Corrugated 4680 NW 3rd St., OKC 107,100 SF Holdings, Inc.

5101 S Council, OKC Reel Power 98,280 SF

4001 NW 3rd St., OKC SupplyOne 92,525 SF

5200 SW 36th St., OKC Xpedx 90,000 SF

4401 E Hefner Rd., OKC Kellogg 69,634 SF

4401 E Hefner Rd., OKC Amazon 60,000 SF

NOTABLE LAND TRANSACTIONS

ADDRESS PROPERTY ACRES PRICE 808 & 809 N Tulsa Naifco Realty/RREEF 16 AC $2,700,000 Ave., OKC W Reno & Sara Rd., Niagara 26 AC $2,581,225 OKC NW 10th & Sara Rd., Three Rivers West, 39 AC $1,600,000 OKC LLC SW 74th & Rockwell, JOBO, LLC 80 AC $1,320,000 OKC Reno & Sara Rd., Hoss Cooley 70 AC $925,000 Yukon Construction

NOTABLE BUILD-TO-SUIT TRANSACTIONS

ADDRESS PROPERTY SQUARE FEET

200 Industrial Rd., Elgin BAE Systems 83,835 SF

3500 N Santa Fe Ave., OKC Cytovance Biologics 30,000 SF

KLX Energy Services, 10625 NW 4th St., Yukon 16,620 SF LLC

40 S Morgan Rd., OKC Frank’s International 11,600 SF

FTS International 15024 W Hwy 66, Yukon 10,950 SF Service, LLC

Lot 2, Block 1, Sapulpa Dish Network 8,229 SF

204 N Robinson, Suite 700,Oklahoma City, OK 73102 110 W 7th St., Suite 2600, Tulsa, OK 74119 www.newmarklsb.com