business location data
#TulsaChamber
Tulsa Business location data
Facilities
Business Environment
· Largest Employers · Incentives
· Industrial Buildings
· Office Buildings · Land
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455
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· Taxes
- · Retail Buildings
- · Community Data
· Business Announcements
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· Natural Gas · Water & Sewer · Telecommunications
- · Electricity
- 6
667
Quality of Life
· Tulsa MSA Demographics · Cost of Living Index · Education
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· Health Care · Culture & Recreation · Climate
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· Wage & Salary Employment · Employment by Sector · Unemployment Rates · Wage Rates
- · Labor Force
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8
· Other Facts
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Location & Maps
- · Tulsa & Region Maps
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· Union Information
· Workers’ Compensation
Market Access
· Air · Motor Freight · Rail · Waterway
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The Tulsa business location Data is a publication of:
tulsa Regional chamber, economic development Williams center tower i one West third street, suite 100
tulsa, oK 74103 Ph: 918.585.1201 · 800.624.6822 Fx: 918.585.8386
GrowMetroTulsa.com
Facilities
A customized listing of available properties and sites is available through the Tulsa Regional Chamber’s Economic Development Division: 800.624.6822 or 918.585.1201
inDusTrial builDinGs
Market size – 78,879,954 sq. ft. Available sq. ft. – 4,326,767, Vacancy -- 5.5% Rental rates – $4.47 to $6.86 sq. ft. triple net 2015 city construction permits – 35 issued for 2,890,100 sq. ft. or $43.6 million
inDusTrial MarKeT suMMarY
- subMarKeT
- leasable sq. fT.
- VacanT sq. fT.
- lease raTe $
- VacancY %
- Northeast
- 21,858,879
- 699,484
- 6.0
- 3.2
Northwest South Central Southeast
13,765,344 18,134,996 15,006,532 10,114,203
78,879,954
151,419
1,614,015 1,305,568
556,281
4.47 6.40 6.86 4.78
5.59
1.1 8.9 8.7 5.5
5.5
Southwest
- Market Total
- 4,326,767
CBRE Oklahoma Tulsa Industrial Mid-Year 2016 & Research Wizard City/County Library Aug. 2016
office builDinGs
Market size – 30,224,389 sq. ft. Available sq. ft. – 3,929,171, Vacancy -- 13.0% Average rental rate -- $14.05 2015 city construction permits – 24 issued for 954,000 sq. ft. or $25.8 million
office MarKeT suMMarY
- subMarKeT
- leasable sq. fT.
- % VacanT
- aVailable sq. fT.
- aVG. asKinG renTal raTe $
- CBD
- 11,112,397
- 12.1
- 1,344,600
- 14.31
Uptown Midtown East
1,368,879 2,506,392 4,169,667 1,267,372
317,009
3.9 5.3
53,386
132,839 508,699 400,490
31,701
16.55 14.21 10.58
9.86
12.2 31.6 10.0 15.0
13.0
North Southwest South
17.63 15.95
14.05
9,482,673
30,224,389
1,422,401
- 3,929,171
- Market Total
CBRE Oklahoma Office Mid-Year 2016 & Research Wizard, City/County Library Aug. 2016
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tulsa Business location data
lanD
More than 31 developed industrial/business districts Tulsa Port of Catoosa, Tulsa International Airport & Richard Lloyd Jones Jr. Airport
esTiMaTeD lanD cosTs Per square fooT
- inDusTrial ParK
- loW cosT $
- HiGH cosT $
5.00
MeDian cosT $
- 3.00
- one acre
- 1.50
- 1 - 5 acres
- 1.50
- 4.00
- 2.75
5 - 10 acres
10 - 20 acres
- 0.75
- 3.00
- 1.75
- 0.50
- 2.00
- 1.25
20 - 40 acres over 40 acres
0.35 0.25
1.00 0.75
0.60 0.40
non-inDusTrial ParK
one acre
loW cosT $
1.00
HiGH cosT $
3.00
MeDian cosT $
1.75
- 1 - 5 acres
- 0.75
- 2.50
- 1.25
5 - 10 acres
10 - 20 acres 20 - 40 acres over 40 acres
- 0.50
- 2.00
- 1.00
- 0.25
- 1.50
- 0.75
- 0.15
- 0.75
- 0.35
- 0.10
- 0.50
- 0.15
- reTail
- loW cosT $
12.00
6.00
HiGH cosT $
25.00 15.00 10.00
5.50
MeDian cosT $
14.00
9.00 one acre
1 - 5 acres
5 - 10 acres
10 - 20 acres
- 5.00
- 7.00
- 3.50
- 4.50
- 20 - 40 acres
- 2.00
- 4.00
- 3.00
- over 40 acres
- 1.50
- 3.00
- 2.25
CBRE Oklahoma & Research Wizard City/County Library Aug. 2016
reTail builDinGs
Market size – 33,826,565 sq. ft. Available sq. ft. – 1,691,328, Vacancy -- 5.0% Average rental rate (triple net) -- $10.86 2015 city construction permits – 47 issued for 3,776,500 sq. ft. or $47.4 million
reTail MarKeT suMMarY
- subMarKeT
- renTal sq. fT.
639,584
VacanT sq. fT.
31,979
VacancY %
5.0
aVeraGe raTe $
19.79 10.34 17.25 15.85 12.36 8.68
CBD
Woodland Hills South Memorial
Midtown Southwest Southeast North
4,137,851 7,160,468 3,541,201 2,137,266 4,614,023 4,061,828 2,549,569 4,984,775
33,826,565
- 45,516
- 1.1
114,567 180,601 141,060 341,438
60,927
1.6 5.1 6.6 7.4
12.91 7.18
1.5
- West
- 178,470
423,706
1,691,328
7.0
6.97
- East
- 8.5
- Total
- 5.0
- 10.86
CBRE Oklahoma Tulsa Retail Mid-Year 2016 & Research Wizard, City/County Library Aug. 2016
GRoWMetRotulsa.coM
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utilities
elecTriciTY
Provider - Public Service Co. of Oklahoma
coMMercial serVice – TYPical MonTHlY bill
Kw Bill Demand Kilowatt Hours
Cost $
- 3
- 6
- 12
- 30
- 50
- 100
- 500
375
71
750
96
1,500
144
6,000
427
12,500
1,045
30,000
2,234
150,000
10,817
inDusTrial serVice – TYPical MonTHlY bill
Kw Bill Demand Kilowatt Hours
Cost $
150
30
300
60
500 125
1,000
350
5,000 1,800
10,000
3,500
-- --
- --
- 2,469
- 4,619
- 8,302
- 19,548
- 98,097
- 192,611
Tulsa City-County Library/AEP-Public Service Company of Oklahoma, Oct. 2016
naTural Gas
Provider - Oklahoma Natural Gas Co.
coMMercial & inDusTrial serVice – TYPical MonTHlY bill
- Dth/Mmbtu Per Month
- 50*
280
100**
379
500** 1,407
1,000**
2,747
5,000** 12,450
10,000**
- 24,116
- Monthly Cost $
Tulsa City-County Library/Oklahoma Natural Gas, Oct. 2016 * Does not qualify for tranport and is based on ONG’s 12-month average commodity price of $3.732 per Dth plus monthly service fees ** Qualifies for tranport and third party gas. Costs are based on Insdie FERC OGT Index12-month commodity price of $2.06 per Dth plus monthly transport fees. Maximum Daily Quantitiy estimated at flat daily load for 500 Dth/month and above. Large customers should contact ONG for specific costs. Costs for 100 Dth or higher apply to transport customers who purchase gas from a third party supplier, with ONG transporting it for them. One Dekatherm (Dth) of natural gas is equal to one million British thermal units (Btu) dry.
WaTer & seWer
Provider - City of Tulsa (two city-owned lakes) Capacity / Usage (mgd) Water 200+/100 Sewer 100+/52
- coMMercial serVice – cosT Per THousanD Gallons*
- inDusTrial serVice – cosT Per THousanD Gallons*
Water Sewer
Inside City Outside City Inside City
$3.32 $4.59 $6.70
$10.94
Water Sewer
Inside City Outside City Inside City
$2.41 $3.31 $6.70
- $10.94
- Outside City
- Outside City
*Does not reflect monthly meter charge, size based on need Tulsa City-County Library/City of Tulsa, Oct. 2016
6
tulsa Business location data
TelecoMMunicaTions
Local service providers include AT&T, Verizon, Cox Business Services, Level 3 Communications and Windstream
The Tulsa area offers the latest in telecommunications technology including 100 percent fiber and digital switching networks with near instantaneous self-healing capabilities
Numerous area Points of Presence
GRoWMetRotulsa.coM
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WoRK FoRce
area labor force
- Tulsa counTY
- Tulsa Msa
- sTaTe
October 2016 October 2015
- 317,035
- 475,213
- 1,829,773
- 321,106
- 480,984
- 1,854,140
Oklahoma Employment Security Commission
WaGe anD salarY eMPloYMenT
- Tulsa Msa
- sTaTe
October 2016 October 2015
449,200 448,200
1,667,100 1,678,500
Oklahoma Employment Security Commission
Msa eMPloYMenT bY secTor
- ocTober 2016
- ocTober 2015
- cHanGe
Total Non-Farm
Natural Resources & Mining
Construction
449,200
6,300
- 448,200
- 1,000
6,700
23,100 47,800 66,700 21,900 23,400
6,900
(400) 2,000 (3,000)
400
25,100 44,800 67,100 21,400 23,200
7,000
Manufacturing
Trade (Wholesale & Retail)
Transportation, Warehousing & Utilities
Financial Activities
(500) (200)
- 100
- Information
Professional & Business Services Education & Health Services
Leisure & Hospitality
Other Services
58,500 72,100 43,800 18,200 61,700
59,100 70,800 43,000 18,000 60,800
(600) 1,300
800 200
- Government
- 900
Oklahoma Employment Security Commission
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tulsa Business location data
uneMPloYMenT raTes
- PerioD
- counTY %
- Msa %
- sTaTe %
- October 2016
- 4.8
- 5.1
- 4.9
2015 Average 2014 Average 2013 Average
4.0 4.3 5.2 5.2
4.2 4.5 5.4 5.4
4.2 4.5 5.3
- 5.3
- 2012 Average
Oklahoma Employment Security Commission
WaGe raTes
2016 Tulsa MSA Estimate of Annual Median Base Salaries
- PosiTion
- salarY $
- PosiTion
- salarY $
Accounting Clerk Aircraft Mechanic Benefits Analyst Chemical Engineer
Chemist
- 33,024
- Accountant
Administrative Assistant
Bank Teller
55,169
50,321 53,355 84,661 58,760 67,210 34,393 26,023 46,314 52,079 39,355 28,046 40,171 23,575 34,226 39,636 29,230 37,033 49,537 38,849 56,386 96,840 27,840 32,379 66,834 50,884 41,523
35,613 24,863 31,992 46,037 36,976 84,934
172,690
78,102 29,285 49,112 27,283 29,513 57,710 29,937 45,164 53,517 76,920 50,809 31,579 46,583 36,319 54,330 29,674 49,015 85,803 27,413
Bookkeeper
Chemical Technician Computer Operator
Computer Programmer, Lead Controller, Top Corporate*
Electrical Engineer Electronics Assembler Engineering Technician
File Clerk
Computer Programmer Construction Worker Data Entry Operator Electrician, Certified Electronics Technician Executive Secretary Fork Lift Operator Heavy Truck Driver
Janitor
General Clerk Internal Auditor
Machine Tool Operator Maintenance Worker Material Handler
Medical Lab Technician
Office Manager Payroll Clerk
Light Truck Driver Machinery Mechanic Market Research Analyst Mechanical Engineer
Millwright Order Clerk
Personnel Analyst Physicist, PhD
PC Specialist Personnel Clerk
- Receptionist
- Production Supervisor
Secretary
Shipping Clerk
Stationary Engineer Systems Analyst, Lead Warehouse Worker
Systems Analyst Tool & Die Maker
Welder
Economic Research Institute, Jan. 2016. Data is for employees with three years’ experience *Controller with company of $100 million revenue or more
GRoWMetRotulsa.coM
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union inforMaTion union MeMbersHiP
- 2015
- 2014
- 2013
- 2012
- 2011
Employment Union Members Percent Unionized
- 383,874
- 388,210
- 404,444
- 422,281
- 415,158
22,266
5.8%
22,892
5.9%
28,350
7.0%
28,712
6.8%
29,399
7.1%
Union Membership and Coverage Database (UnionStats.com), Sept. 2016. Membership includes both private & public
2015 reGional PercenTaGe of union MeMbersHiP
- Tulsa – 5.8%
- Kansas City, MO – 7.6%
Little Rock, AR – 4.5% Louisville, KY – 15.2% St. Louis, MO – 11.7%
National average – 11.1% Albuquerque, NM – 7.4% Denver, CO – 7.4%
Union Membership and Coverage Database (UnionStats.com), September 2016