05.15.2018

So, one-third of the way through 2018, how is the industrial market? We have had some big announcements and some significant construction projects. Amazon has announced that Oklahoma City will be the site of a 2.5 million square foot Fulfillment Center. A Fulfillment Center is an Amazon warehouse, in this case, four stories tall, warehousing items which are directly shipped to Amazon customers. A project of this size reinforces the notion that OKC has come of age. In addition to this is the construction of a 1.0 million square foot warehouse addition to the Hobby Lobby campus.