405-473-7653
scott.heiple@hcbcommercial.com

Current News

Top Property Sales Recognized for Norman, OK

by admin | September 2024

Quarterly List of Market-Leading Deals As big-ticket items involving sizable investments, commercial property transactions … Continue reading Top Property Sales Recognized for Norman, OK

Apartment Rates Continue to Grow in Oklahoma

by admin | August 2024

Tulsa Rents Outpace Its Larger Neighbor By Bill KitchensCoStar Analytics August 6, 2024 | … Continue reading Apartment Rates Continue to Grow in Oklahoma

Oklahoma City’s sports tourism numbers increase

by admin | April 2024

OKC Tourism Ticks Up When you think of the best sports destinations in the … Continue reading Oklahoma City’s sports tourism numbers increase

Industrial Construction Ticks Higher in Oklahoma City

by admin | March 2024

Hobby Lobby Doubles Down on “Thunder Town” Through early 2024, there are 3.9 million … Continue reading Industrial Construction Ticks Higher in Oklahoma City

Office Demand in Oklahoma Marked by Shrinking Deal Sizes

by admin | March 2024

Vacancy Rates Expand Modestly Compared to US Average By Bill KitchensCoStar Analytics February 15, … Continue reading Office Demand in Oklahoma Marked by Shrinking Deal Sizes

Oklahoma City Maintains Apartment Demand Momentum

by admin | March 2024

Vacancy Expansion Slows Over the Past Year After two years of under-performing demand, renters … Continue reading Oklahoma City Maintains Apartment Demand Momentum

Hard Rock Plans Hotel and Residences on Oklahoma-Texas Border

by admin | January 2024

Hard Rock Teams Up With Pointe Vista To Bring Hotel to Lake Texoma Hard … Continue reading Hard Rock Plans Hotel and Residences on Oklahoma-Texas Border

Oklahoma City Tower Developers Now Aim to Create Tallest US Building

by admin | January 2024

Developers Raise Proposed Height of Planned Tower to 1,907 Feet, Taller Than New York’s … Continue reading Oklahoma City Tower Developers Now Aim to Create Tallest US Building

Employment Gains Slow in Oklahoma City

by admin | January 2024

Government and Leisure and Hospitality Lead Recent Job Gains in the Region By Bill … Continue reading Employment Gains Slow in Oklahoma City

Have Multifamily Rents in Oklahoma Turned a Corner?

by admin | November 2023

Third Quarter Results Reveal Potential Inflection Point in Oklahoma City and Tulsa After several … Continue reading Have Multifamily Rents in Oklahoma Turned a Corner?

One of Oklahoma City’s Biggest Industrial Leases of the Second Quarter

by admin | October 2023

National Food service Equipment Distributor Stafford-Smith Fills Half of Newly Constructed Industrial Facility Stafford-Smith, … Continue reading One of Oklahoma City’s Biggest Industrial Leases of the Second Quarter

Oklahoma City Sales Volume Softens Amid Rising Interest Rates

by admin | August 2023

Retail and Multifamily Segments Drive Investment By Bill KitchensCoStar Analytics August 22, 2023 | … Continue reading Oklahoma City Sales Volume Softens Amid Rising Interest Rates

The Path for Converting Office to Residential Is Narrow

by admin | June 2023

Only a Few Office Buildings Satisfy the Requirements for Residential Repurposing According to some … Continue reading The Path for Converting Office to Residential Is Narrow

Sale Prices Diverge Between Large and Small Properties

by admin | May 2023

Multifamily Deals Post Double-Digit Price Declines in April The commercial real estate market is … Continue reading Sale Prices Diverge Between Large and Small Properties

Oklahoma City and Tulsa Both See Drop in Multifamily Rent Performance

by admin | May 2023

Most Rent Growth Occurring in Mid-Tier Properties as Renter Demand Wavers for High-End Properties … Continue reading Oklahoma City and Tulsa Both See Drop in Multifamily Rent Performance

Electric Vehicle Manufacturer Buys Oklahoma City Facility

by admin | April 2023

Terex Corp. Sells Industrial Building for Nearly $34.3 Million Canoo, an American automotive startup … Continue reading Electric Vehicle Manufacturer Buys Oklahoma City Facility

National Search For Warehouse Space Puts Oklahoma City on the Map

by admin | April 2023

Lease of the Year for Oklahoma City When one of the largest tire manufacturing … Continue reading National Search For Warehouse Space Puts Oklahoma City on the Map

Competing With National Investors, Oklahoma City Investor Nabs Local Retail Hub

by admin | April 2023

Sale/Acquisition of the Year in Oklahoma City Oklahoma City-based real estate investment firm led … Continue reading Competing With National Investors, Oklahoma City Investor Nabs Local Retail Hub

Higher Interest Rates Weigh on Real Estate Values

by admin | March 2023

Elevated Debt Service Forcing Lower Leverage Real Estate owners facing debt maturities are at … Continue reading Higher Interest Rates Weigh on Real Estate Values

US Real Estate Firms Urge Federal Government To Bring Workers Back to the Office

by admin | December 2022

Real Estate Roundtable Seeks Support, Legislation To Support Converting Workspace Into Apartments The Real … Continue reading US Real Estate Firms Urge Federal Government To Bring Workers Back to the Office

Office Leasing Hits Pre-Pandemic Levels in Oklahoma City

by admin | October 2022

Limited Inventory of New, Upscale Inventory Stifles ‘Flight to Quality’ Phenomenon Seen in Other … Continue reading Office Leasing Hits Pre-Pandemic Levels in Oklahoma City

Luxury Retailers Double Down on US Expansion, Including Moves Into Smaller Markets

by admin | September 2022

Upscale Brands Are Increasing Their Space in New Corridors of Major Cities Luxury retailers … Continue reading Luxury Retailers Double Down on US Expansion, Including Moves Into Smaller Markets

First Solar Plans $1 Billion Southeastern US Solar Panel Plant

by admin | September 2022

Largest US Maker of Solar Panels To Build New Plant in Unidentified Location in … Continue reading First Solar Plans $1 Billion Southeastern US Solar Panel Plant

Looking for a Trend in One Month of Inflation Data

by admin | August 2022

A broad sweep of inflation indicators eased last week, showing a range of prices … Continue reading Looking for a Trend in One Month of Inflation Data

Kohl’s puts up a for-sale sign

by admin | June 2022

Negotiations open for bidders. Kohl’s (NYSE: KSS) said late Monday that it had entered … Continue reading Kohl’s puts up a for-sale sign

Taco Bell goes vertical. Floating restaurant will have 4 drive-thrus.

by admin | June 2022

Taco Bell’s newest location ditches the dining room and has four drive-thru lanes instead. … Continue reading Taco Bell goes vertical. Floating restaurant will have 4 drive-thrus.

Panasonic Looking at Oklahoma for new Battery Factory

by admin | June 2022

Electronics maker had been expected to unveil new US plant CFO says Tesla is … Continue reading Panasonic Looking at Oklahoma for new Battery Factory

Finland is the Happiest Country in the World

by admin | May 2022

US Ranked 19th Finland takes the top spot as the happiest country in the … Continue reading Finland is the Happiest Country in the World

Dallas Offers Millions to Neiman Marcus to Keep Century-Old Brand in City

by admin | May 2022

City Council Approves $5.25 Million of Economic Incentives To Prevent Another High-Profile Departure. Municipalities … Continue reading Dallas Offers Millions to Neiman Marcus to Keep Century-Old Brand in City

Wendy’s puts up the ‘for sale’ sign as costs rise

by admin | May 2022

Wendy’s may be up for sale. In a Tuesday filing with the Securities and … Continue reading Wendy’s puts up the ‘for sale’ sign as costs rise

Samsung picks Indiana to build second electric battery plant

by admin | May 2022

Samsung and Stellantis companies eye 2025 opening for new battery plant A joint venture … Continue reading Samsung picks Indiana to build second electric battery plant

Hyundai Picks Georgia for Its First US Electric Vehicle Plant

by admin | May 2022

South Korean Automaker Plans $5.5 Billion Factory Near Savannah Georgia has landed another electric … Continue reading Hyundai Picks Georgia for Its First US Electric Vehicle Plant

Rise of Drone Delivery Firms Could Reshape Real Estate

by admin | May 2022

Companies Including Google’s Wing and Flytrex Are Already Prepping for Expansion The high-pitched buzzing … Continue reading Rise of Drone Delivery Firms Could Reshape Real Estate

Sealy Buys New Distribution Center Near Oklahoma City’s Will Rogers Airport

by admin | May 2022

Investor Adds Fully Leased Property to Holdings Sealy & Co. nabbed its latest investment … Continue reading Sealy Buys New Distribution Center Near Oklahoma City’s Will Rogers Airport

Tenmark Grows Oklahoma City Portfolio With Warehouse Deal in El Reno

by admin | May 2022

Los Angeles Investor Closes on Select Energy Solutions Complex A Los Angeles firm that … Continue reading Tenmark Grows Oklahoma City Portfolio With Warehouse Deal in El Reno

Midwest City Shopping Center Trades Hands

by admin | April 2022

Hilltop Village Trades Between Two Individual Investors The Hilltop Village in Midwest City, Oklahoma, … Continue reading Midwest City Shopping Center Trades Hands

Oklahoma City’s Industrial Momentum Carries Into 2022

by admin | April 2022

Market is Expected to See 2.9 Million Square Feet of Positive Net Absorption This … Continue reading Oklahoma City’s Industrial Momentum Carries Into 2022

Retail Demand in Oklahoma City is on the Rebound

by admin | March 2022

North Oklahoma City Leads the Market A combination of stable leasing activity and limited … Continue reading Retail Demand in Oklahoma City is on the Rebound

Kroger To Expand Into Oklahoma City With First Fulfillment Center

by admin | February 2022

Grocery Chain’s ‘Spoke’ Facility Will Allow It To Deliver Items 200 Miles From Dallas … Continue reading Kroger To Expand Into Oklahoma City With First Fulfillment Center

Southern California Hyundai Headquarters to Develop Flying Taxis

by admin | February 2022

IRVINE, Calif.—Southern California residents could see flying taxis soar across the sky as early … Continue reading Southern California Hyundai Headquarters to Develop Flying Taxis

GBP buys two Facilities in Oklahoma City

by admin | November 2021

2 Industrial buildings sold for $195/psf A pair of Oklahoma City facilities, which are … Continue reading GBP buys two Facilities in Oklahoma City

The Old Spaghetti Factory opens its doors in dowtown OKC Bricktown

by admin | October 2021

A familiar name is back in Bricktown: The Old Spaghetti Factory has just opened … Continue reading The Old Spaghetti Factory opens its doors in dowtown OKC Bricktown

Local Brewery Taps New Oklahoma City Location

by admin | October 2021

Coop Ale Works Signs Lease to Anchor Historic Pontiac Building in Automobile Alley Coop … Continue reading Local Brewery Taps New Oklahoma City Location

Dead Department Stores Reborn as Schools, Libraries, and Offices

by admin | September 2021

Property owners and designers see cost savings and environmental benefits in adapting older buildings … Continue reading Dead Department Stores Reborn as Schools, Libraries, and Offices

Old PIER 1 Building Leased To Norman Hospital.

by admin | August 2021

200 34th Ave. SW, Norman, OK Space Leased: 8,960 SF Deal Type: New Lease … Continue reading Old PIER 1 Building Leased To Norman Hospital.

Future Vision for Retail Stores

by admin | July 2021

Bloomingdale’s set to open smaller 22,000-Square-Foot “Bloomie’s” Upscale department store Bloomingdale’s is going small, … Continue reading Future Vision for Retail Stores

Industrial Construction Sets Record As Leasing Surges

by admin | May 2021

Developers Already Started About 90 Million Square Feet of Projects This Year National demand … Continue reading Industrial Construction Sets Record As Leasing Surges

Four Springs Buys Oklahoma City Distribution Center Leased to Amazon

by admin | April 2021

New Jersey Firm Adds 312,120-Square-Foot, Last-Mile Complex to Holdings Four Springs Capital Trust has … Continue reading Four Springs Buys Oklahoma City Distribution Center Leased to Amazon

North Oklahoma City Warehouse Sells for $7.8 Million

by admin | March 2021

NOR Holdings Buys 192,000-Square-Foot Facility NOR Holdings LLC has acquired an industrial warehouse in … Continue reading North Oklahoma City Warehouse Sells for $7.8 Million

Oklahoma City Multifamily Rent on the Rise in the New Year

by admin | March 2021

Steady Demand, Limited Construction Keep Vacancies at Five-Year Low The Oklahoma City apartment market … Continue reading Oklahoma City Multifamily Rent on the Rise in the New Year

Construction Starts on Two-Building Industrial Project in Oklahoma City

by admin | February 2021

Speculative Development Set to Open in Mid-2021 Construction is underway on two, 80,000-square-foot industrial … Continue reading Construction Starts on Two-Building Industrial Project in Oklahoma City

San Diego Researchers Join NASA Quest To Commercialize ‘Flying Taxis’

by admin | February 2021

Cities, Tech Providers Target Vertical-Flight Aircraft That Could Change Commercial Development NASA enlisted researchers … Continue reading San Diego Researchers Join NASA Quest To Commercialize ‘Flying Taxis’

Amazon to Open Second Fulfillment Center in Oklahoma City

by admin | December 2020

New Facility Slated to Open in 2021 to Create 500 New Jobs Online retailer … Continue reading Amazon to Open Second Fulfillment Center in Oklahoma City

Though Offices Still Sit Largely Empty, Office-Using Jobs Are Returning

by admin | November 2020

Tourism Cities, Predictably, Are Well Behind Other Major Markets Some of the strongest sectors … Continue reading Though Offices Still Sit Largely Empty, Office-Using Jobs Are Returning

Dollar Tree to Offer More Higher-Priced Goods as It Expands

by admin | November 2020

Deep Discounter’s Sales Are Growing Dollar Tree said it will expand its Dollar Tree … Continue reading Dollar Tree to Offer More Higher-Priced Goods as It Expands

Target to Ramp Up Store Construction Next Year

by admin | November 2020

Hefty Earnings, Helped by Retail Store Fulfillment, May Lead to Increase in Building Target … Continue reading Target to Ramp Up Store Construction Next Year

Northwest Oklahoma City Apartment Complex Trades for $14.4 Milion

by admin | November 2020

M Group Partners With Vesta Capital to Purchase 318-Unit Tuscany Village Privately held real … Continue reading Northwest Oklahoma City Apartment Complex Trades for $14.4 Milion

Why This Texas Investment Fund Is Buying Retail Centers in a Pandemic

by admin | October 2020

Popular Retail Center in Austin Sells to Newly Branded Subsidiary of NAI Partners Andrew … Continue reading Why This Texas Investment Fund Is Buying Retail Centers in a Pandemic

Loan Risks Loom for Hotels in College Football Towns

by admin | September 2020

Nearly $4 Billion in CMBS Loans Could Be Threatened By Pandemic-Era Restrictions on Football … Continue reading Loan Risks Loom for Hotels in College Football Towns

New Jersey REIT Pays $15.2 Million for Amazon-Leased Industrial Building in Oklahoma City

by admin | September 2020

Monmouth Picks Up 121,000-Square-Foot Industrial Building North of Will Rogers International. Monmouth Real Estate … Continue reading New Jersey REIT Pays $15.2 Million for Amazon-Leased Industrial Building in Oklahoma City

Bucking National Trend, Oklahoma City’s Retail Market Remains in Demand Despite Pandemic.

by admin | September 2020

Months After Re-Opening Economy, Retailers Are Still Navigating Economic Uncertainty The pandemic-driven recession continues … Continue reading Bucking National Trend, Oklahoma City’s Retail Market Remains in Demand Despite Pandemic.

SandRidge Energy Closes Out Sale of Oklahoma City Office Tower

by admin | September 2020

Robinson-Park Acquires 30-Story SandRidge Center Office Tower for $35.4 Million SandRidge Energy, Inc. an … Continue reading SandRidge Energy Closes Out Sale of Oklahoma City Office Tower

Oklahoma Contemporary Arts Center Opens After Six-Month Delay

by admin | August 2020

New Arts Center Expected to Become Focal Point of Oklahoma City Innovation District A … Continue reading Oklahoma Contemporary Arts Center Opens After Six-Month Delay

Oklahoma City’s Industrial Market Thrives Amid Uncertainty

by admin | August 2020

Leasing in Second Quarter Surpasses First Quarter by 600,000 Square Feet Compared to other … Continue reading Oklahoma City’s Industrial Market Thrives Amid Uncertainty

E-Commerce Driving Industrial Leasing in Oklahoma City

by admin | August 2020

Strong Population Growth and Increased Online Shopping Increasing Demand Despite the uncertainty generated by … Continue reading E-Commerce Driving Industrial Leasing in Oklahoma City

Walmart Snags More Distribution Space in Oklahoma City

by admin | July 2020

Retailer Expands Fulfillment Center as Online Shopping Grows Retail giant Walmart scooped up additional … Continue reading Walmart Snags More Distribution Space in Oklahoma City

Slate Retail Reports 96% of Rent Collected for May

by admin | June 2020

REIT Benefitted From Portfolio of Grocery-Anchored Centers Deemed Essential That Remained Open Throughout Pandemic … Continue reading Slate Retail Reports 96% of Rent Collected for May

Costco Snags Former Hertz Campus in Oklahoma City for Massive Ops Center

by admin | June 2020

Sale Follows Rental Car Firm’s Bankruptcy Filing Last Month Wholesale grocery giant Costco bought … Continue reading Costco Snags Former Hertz Campus in Oklahoma City for Massive Ops Center

Warehouse Leasing Picks Up as Consumers and Businesses Begin Spending Again

by admin | June 2020

Reopenings Provide Options for Companies Seeking Industrial Space Industrial leasing is increasing as more … Continue reading Warehouse Leasing Picks Up as Consumers and Businesses Begin Spending Again

Kansas City Firm Buys Oklahoma City Distribution Facility for $9 Million

by admin | May 2020

Kessinger Hunter Picks Up Fully Leased Industrial Building Kessigner Hunter Capital Markets Group has … Continue reading Kansas City Firm Buys Oklahoma City Distribution Facility for $9 Million

US Office Tenants Are Paying Rent During Coronavirus Pandemic

by admin | May 2020

Supply in the Works Is Smaller Than the Last Recession The outlook for the … Continue reading US Office Tenants Are Paying Rent During Coronavirus Pandemic

California Investment Firm Picks Up 98-Unit Apartment Complex in Oklahoma City

by admin | April 2020

1Sharpe Capital Plans to Complete Extensive Renovations to Vines at Meridian Investment management firm … Continue reading California Investment Firm Picks Up 98-Unit Apartment Complex in Oklahoma City

IRS Extends Tax Deadlines for Opportunity Zone, 1031 Exchange Investors

by admin | April 2020

Federal Guidance Provides Relief for Buyers, Sellers With Deals Delayed by Cororavirus Pandemic Commercial … Continue reading IRS Extends Tax Deadlines for Opportunity Zone, 1031 Exchange Investors

Oklahoma City Retail Rents Grew At One of the Fastest Paces in US in 2019

by admin | March 2020

Discounters, Fitness Centers and Cannabis Tenants All Expanding Locations Despite a shifting industry, Oklahoma … Continue reading Oklahoma City Retail Rents Grew At One of the Fastest Paces in US in 2019

OKC Marine Dealership Relocates Oklahoma City Headquarters to Reno Ave.

by admin | February 2020

Dealership Pays $2.5 Million for New Location David’s Sports Center, a full-service marine dealership, … Continue reading OKC Marine Dealership Relocates Oklahoma City Headquarters to Reno Ave.

Business Optimism Surges In November

by admin | December 2019

Small-Business Optimism Index Jumps Most in 18 Months, Reflecting Renewed Confidence in Extending Expansion … Continue reading Business Optimism Surges In November

California Investor Buys Oklahoma City-Area Apartment Complex

by admin | December 2019

1Sharpe Pays $6.3 Million for The Wynn at Edmond Crossing A California- based investment … Continue reading California Investor Buys Oklahoma City-Area Apartment Complex

Healthcare Realty Trust Picks Up Oklahoma City Medical Office Building

by admin | November 2019

Medical Office REIT’s Oklahoma City Purchase Was One of Four It Closed in Third … Continue reading Healthcare Realty Trust Picks Up Oklahoma City Medical Office Building

Amazon Looks to Expand Grocery, Convenience Store Space

by admin | October 2019

Online Retailer Boosts Nationwide Physical Presence Online retailer Amazon has reportedly signed leases to … Continue reading Amazon Looks to Expand Grocery, Convenience Store Space

Capital gains tax reform may be coming. Here’s what Republicans and Democrats want.

by admin | September 2019

Capital gains were largely unaffected by federal income-tax reform a couple of years ago, but … Continue reading Capital gains tax reform may be coming. Here’s what Republicans and Democrats want.

Developer Signs Contract for First US High-Speed Rail Project of Its Kind

by admin | September 2019

Designer-Builder Worked on Panama Canal Expansion Texas Central Partners signed a design-build contract for … Continue reading Developer Signs Contract for First US High-Speed Rail Project of Its Kind

Oklahoma City Rentals Trade in One of City’s Largest Apartment Deals of the Year

by admin | August 2019

Dallas Firm Sells Bridgepoint Apartments for $22 Million A 397-unit apartment complex in Oklahoma … Continue reading Oklahoma City Rentals Trade in One of City’s Largest Apartment Deals of the Year

Oklahoma City Development Proposals Arise for Next Stage of Capital Improvement Program

by admin | August 2019

Possibilities Include a Multipurpose Stadium, Innovation District A new multipurpose stadium and an innovation … Continue reading Oklahoma City Development Proposals Arise for Next Stage of Capital Improvement Program

Hampshire Finds Another Use for Empty Big-Box Retail: Self-Storage

by admin | July 2019

Developer to Convert Former Sam’s Club in Syracuse, New York Chalk up another new … Continue reading Hampshire Finds Another Use for Empty Big-Box Retail: Self-Storage

Developer Buys Land for First Apartments in Phoenix’s Warehouse District

by admin | May 2019

Alta Warehouse District to Open Next Year Downtown Phoenix’s warehouse district, already an emerging … Continue reading Developer Buys Land for First Apartments in Phoenix’s Warehouse District

Treasury Extends Crackdown on All-Cash Home Purchases

by admin | May 2019

Title Insurers Must Identify Buyers Behind Shell Companies in a Dozen Metropolitan Areas The … Continue reading Treasury Extends Crackdown on All-Cash Home Purchases

‘Valuable Redevelopment’ to Transform Dallas-Area Mall Into Corporate Magnet

by admin | May 2019

Mall to Be Demolished and Replaced With Homes, Entertainment Space, Hotel There’s hope that … Continue reading ‘Valuable Redevelopment’ to Transform Dallas-Area Mall Into Corporate Magnet

Oklahoma City to See a Drop in Completed Office Projects Over Next Two Years.

by admin | May 2019

Around 400,000 Square Feet of Office Space Expected to Complete Construction This Year Coming … Continue reading Oklahoma City to See a Drop in Completed Office Projects Over Next Two Years.

Brick-and-Mortar’s Pathway

by admin | May 2019

The shopping center is not doomed — if owners can adapt. For the brick-and-mortar … Continue reading Brick-and-Mortar’s Pathway