Industrial Real Estate Market Expected to Be Challenge

By Fears, Ronda | THE JOURNAL RECORD, January 3, 1990 | Go to article overview

Industrial Real Estate Market Expected to Be Challenge


Fears, Ronda, THE JOURNAL RECORD


Coming out of the extreme highs and lows of 1989, the Oklahoma City industrial real estate market in 1990 will be a challenge, offering opportunity for the well-financed.

That is the prediction of Coldwell Banker Commercial Group Inc., which presented its annual forecast for the metropolitan real estate market Monday.

"Obtaining financing continues to be difficult even for well-established companies with more than adequate collateral," said Randy L. Lacey of Coldwell Banker. "This should continue in 1990 with no end in sight.

"The Oklahoma City industrial real estate market in 1990 will continue to be challenging, but opportunistic for well-financed users, investors and developers."

The vacancy rate is forecast to decline as absorption rises. Rental rates are expected to remain constant for distribution warehouses and increase for service centers.

New developments are projected to be limited to build-to-suit projects as land activity centers around demand for three- to five-acre tracts and land prices continue to drop.

Vacancy is forecast to improve from the yearend 12.77 percent to 11 percent. The vacancy rate deteriorated in 1989 from 11.08 percent, with vacancy downtown and north decreasing while vacancy southeast and southwest increased. The overall rise in vacancy was attributed to a rise in new construction, which affected warehouse rental rates, the report said.

"As the year progressed, we had unexpected additional (distribution space) added, which seemed to short-circuit the improvement process," Lacey said.

Distribution warehouse rental rates are projected to remain constant, varying between $1.70 per square foot for pre-1980 buildings and $2.75 for the newest facilities.

Service center rental rates, however, should increase as the available supply continues to diminish, the report said. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Industrial Real Estate Market Expected to Be Challenge
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.