CBRE Assumes Leasing Assignment for 700,000 SF of Sword Industrial Partners' Newly Acquired Tulsa Industrial Portfolio

CBRE's Tulsa office has been selected to provide leasing services for approximately 700,000 sq. ft. of industrial space within a recently acquired 1.1 million sq. ft. Tulsa portfolio purchased by Dallas-based Sword Industrial Partners.

Sword Industrial Partners recently acquired a 24-building, 1.1 million sq. ft. portfolio encompassing six industrial business parks across Tulsa's Southeast and South Central submarkets. The portfolio includes Space Center, Space Center East, Tulsa Business Park, Tandem Business Park, Maxim Center and Maxim Place.

CBRE will assume leasing responsibilities for Space Center I, II & III and Tulsa Business Park. Space Center I, II & III is a three-building industrial building park totaling 495,000 sq. ft. and located at 7001-7287 E. 38th St. Tulsa Business Park spans 12 buildings totaling 206,220 sq. ft. and located at 7202-7378 E. 38th St. The two properties are regarded as some of the most established multi-tenant industrial assets in Tulsa's Southeast industrial submarket.

"This is our second acquisition in Tulsa this year, which is a testament to the strong industrial fundamentals in the region," said Scott Word, Co-Founder and Managing Partner of Sword Industrial Partners. "As a Tulsa native, it's especially gratifying to see to the growth of the city and we look forward to working alongside CBRE to establish a meaningful presence."

CBRE's leasing team of David Glasgow, SIOR, CCIM, Alex Powell, CCIM, and Kurt Giller, SIOR, CCIM will oversee leasing and marketing efforts for the properties on behalf of Sword Industrial Partners.

"This assignment represents a significant milestone for our Tulsa industrial practice and demonstrates the confidence institutional investors continue to place in CBRE's platform and market expertise," said Glasgow, a senior vice president at CBRE. "Sword Industrial Partners has quickly established a meaningful presence in Tulsa, and we are excited to help drive value across two of the portfolio's largest and most recognized business parks."