Figures

Oklahoma City Industrial Figures H2 2023

January 23, 2024 5 Minute Read

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  • Oklahoma City has remained a sought-after location for manufacturing, warehouse and storage facilities. Sitting at the crossroads of I-35, I-40 and  I-44, the city provides easy access to many regional markets, making it an ideal distribution and logistics hub driving the demand for growing industrial space.
  • Oklahoma City has seen record-breaking sales price per sq. ft. over the past year. Ranging from $150-$180 per sq. ft. for new construction and up to $100-$130 per sq. ft. for older properties.
  • Oklahoma City has been deemed “Energy’s new HQ,” stemming from the city's uptick of gas, oil and energy companies including Kimray Inc, Schlumberger and Halliburton. The Greater Oklahoma Chamber named Oklahoma City is the place to be for energy companies due to its location, wind power and sustainable low-cost environment.