Oklahoma City Industrial Figures H1 2022

• Vacancy set a new market low at 2.5% – decreasing 50 basis points over H2 2021.

• Absorption made a massive rebound from the previous half to 1,302,446 SF absorbed in H1 2022.

• Development across the metro maintained pace with construction starts or deliveries in every single submarket. Pre-leasing in these deliveries was strong and contributed significantly to market absorption.

• Asking rates held steady in the Central and Northwest submarkets and increased in Northeast, Southeast and Southwest submarkets.

• Positive fundamentals and increased investment in the city’s infrastructure continue to attract the attention of out-of-state developers.