THE JOURNAL RECORD

Resource for Oklahoma that specializes in business, legislative, and legal-related information sources. It gives daily updates and opinion on real estate, energy, finance, capitol, and law.

Articles from January 16, 2012

Behind Closed Doors: Oklahoma Senate Members of Water Committee Met Secretly in December
The Oklahoma Senate's delegation to the Joint Legislative Water Committee met secretly in December to see if they could reach agreement on legislation that would allow the sale of water to out- of-state interests, according to documents obtained by The...
Downtown Tulsa in Flux: Changes in CBD Could Affect Vacancy Rate
The Tulsa office sector ended 2011 at an 11-year-high 25.23- percent vacancy rate, according to a new report by CB Richard Ellis of Oklahoma.The historical gap may actually exceed 11 years, which marks the extent of Journal Record data from CBRE. Officials...
Eyes on Economic Development: Lawton Foundation Gains New President, Name
A couple of years ago, a few members and officials with the Lawton Fort Sill Chamber of Commerce starting discussing a shift in emphasis for the Lawton Industrial Foundation."A group of us got together two years ago and we decided we needed to do something...
Innovators: First Fidelity Bank in Oklahoma City
Oklahoma City-based First Fidelity Bank has introduced another paperless - or nearly so - transaction option into its client services, Executive Vice President Suzanne Symcox said.The community bank recently launched a smartphone application that allows...
Journal Record Market Watch: January 16, 2012
Major markets improved slightly and the Journal Record Stock Index faltered last week as banks and European ratings downgrades vied with a more easygoing attitude as the fourth-quarter earnings season picked up steam. As the trading session ended Friday,...
National Retail Market Inches Closer to Recovery
Recovery seems to be the trendy word in the commercial real estate industry as most major property types are in the midst of recovering from the recent national recession. Unfortunately, there are a few sectors that continue to face challenges and have...
OKC Doctor Joins Intelligent Hospital Consortium
Dr. Keley John Booth, chief medical consultant of Oklahoma City- based Surgery Logistics, recently joined the Radio Frequency Identification in Healthcare Consortium as vice president of perioperative clinical care and the development of an 11,000-square-...
OKC Events: January 16, 2012
The four women who will be honored by the Oklahoma City University Societies at a black-tie ball on Feb. 25 will also be recognized at a reception Sunday. The women and the OCU society each will represent are Linda Rodgers, Dulaney-Browne Library Society;...
Oklahoma Senate Members Divided on Out-of-State Water Sales
While the debate has raged over whether or not to sell water to Texas, members of the Oklahoma Senate's water committee remain divided on the issue.In fact, despite a secret meeting to gauge support or opposition to legislation that would allow for water...
Promotion Spotlights Downtown OKC Restaurants
Downtown Oklahoma City restaurants will offer an incentive the week of Jan. 22 to counter some of the traffic challenges caused by extensive Project 180 street work, business operators said.Sunday through Jan. 26, eight fine-dining restaurants in the...
The Journal Record Business Briefs: January 16, 2012
Restaurant supply company buys buildingThe sale of a building at 6200 NW Second St. in Oklahoma City for $800,000 has been completed.Zach Martin, investment adviser with Sperry Van Ness/ William T. Strange & Associates, represented the seller, FUB LLC....
The Journal Record Money Movers: January 16, 2012
Legacy Bank adds employeesJana Miller and Katelyn Granger have joined Legacy Bank in customer service at the 13425 N. MacArthur Blvd. branch.Erick Taylor has been promoted to internal auditor at the Support Central site. Taylor joined Legacy as a teller...
Tulsa-Based CAVU Resources Wins Bid for Saltwater Waste Disposal Equipment
When CAVU Resources Inc. President and Director William Robinson got wind of a recently closed saltwater disposal plant in Arkansas that was in a bankruptcy auction, he decided to make a bid for its equipment.A similar plant would cost more than $4 million...
Tulsa Retail Vacancy Rate Charts Two-Year High
Tulsa's retail vacancy rate ended 2011 at a two-year high of 13.56 percent, according to a new report by CB Richard Ellis of Oklahoma.That's up from 11.71 percent at year-end 2010 and 12.11 percent at June 30, 2011. Report author Mark Rooney pinned the...