Figures

Tulsa Industrial Figures H1 2022

August 11, 2022

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  • Tulsa saw another six months of historically low vacancy and steadily increasing activity in H1 2022.
  • Investment sales remained strong with sales volume in excess of $50 million.
  • Rents ticked up in every submarket, giving way to a 3.2% overall market increase over H2 2021.
  • The Green Bay Packaging facility in the Southwest submarket and Aristocrat Gaming in the East submarket contributed significantly to delivered square footage in H1 2022.
  • Despite rising construction costs, under construction square footage made a major jump in H1 2022, increasing over 600,000 sq. ft. from the previous half.