2019 At a Glance Datasheet

COMMERCIAL REAL ESTATE Oklahoma City’s construction climate, one of the most competitive in the United States, makes building a facility an affordable and viable option. Costs of commercial and industrial construction are significantly lower here than in most areas throughout the Southwest, including Dallas, Houston, Phoenix and Denver, according to the RS Means Square Foot Costs survey. INDUSTRIAL SITES The Greater Oklahoma City Chamber maintains a comprehensive online database, www.okcedis.com , of industrial buildings and sites for the Greater Oklahoma City region. Customized site or building searches, site and building tours or build-to-suit

proposals are available. Office Rental Rates Class A Office Quote

Industrial Rental Rates

Flex/R&D Quote

$8.23 $5.72 3.9%

$23.09 $18.63 $15.56 $20.22

Warehouse-Distribution Quote

Class B Office Quote Class C Office Quote Central Business District Ave. Quote Suburban Markets Ave. Quote Average Vacancy Rate

Average Vacancy Rate

Retail Rental Rates Lease Rates Average Vacancy Rate* 4.8% *based on weighted avg. lease rates in 17 submarkets $6.44-$20.05




Location Factor Index / Commercial Construction


Index Value

Oklahoma City

0.84 0.84 0.86 0.88 0.90 0.90 0.92 0.97

San Antonio


Phoenix Denver Omaha

Indianapolis Kansas City Pittsburgh Minneapolis

1.01 1.07

Chicago 1.21 Source: RSMeans Square Foot Costs, 2019


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