trends 2013 updated 10-23 1 · lease rates $10.32 ↓ ↓ quick stats. multi tenant construction....
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![Page 1: Trends 2013 updated 10-23 1 · Lease Rates $10.32 ↓ ↓ Quick Stats. Multi Tenant Construction. Tulsa OKC Vacancy 12.68% 8.73% Net Absorption 265.7K 141K Construction 135K 355K](https://reader034.vdocuments.site/reader034/viewer/2022050512/5f9cc775a582733f7a50b437/html5/thumbnails/1.jpg)
Ben Ganzkow Ben Ganzkow CBRE|OklahomaCBRE|Oklahoma
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MY 2013 CurrentYear End
2012Mid Year
2012
Vacancy 12.68% ↓ ↓
Net Absorption 265.7K ↑ ↑
Construction 135,000 SF ↑ ↑
Lease Rates $10.32 ↓↓
Quick StatsQuick Stats
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Multi Tenant ConstructionMulti Tenant Construction
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Tulsa OKC
Vacancy 12.68% 8.73%
Net Absorption 265.7K 141K
Construction 135K 355K
Lease Rates $10.32 $11.10
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Sprouts Sprouts
101st & Memorial101st & Memorial
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Sprouts Sprouts
41st & Harvard41st & Harvard
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Natural Natural
Grocers Grocers
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9 Reported Multi-Tenant Sales (Through Oct.)
Total Volume $84 M
Top 3 Sales
Smith Farm Marketplace $49 M (Owasso)
Tulsa Promenade $12.3 M (Distressed)
Gold’s Gym Center $10.2 M (66th & Memorial)
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Post “Great Recession” – gradual increase
Make up for lost ground
City of Tulsa – Retailer incentives
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Outside “Four-wall” Sale Performance
Mobile + Online+ In Store
E-Commerce retail sales, growing annually 17%
“Right Sizing”