07.17.2017

Office Market Still Holding Steady

The second quarter of 2017 has shown remarkable resilience in the Oklahoma City office sales market. The anticipated downturn in sales has not yet hit the marketplace. We know vacancies in the office market have risen, which would normally lead to a slump in sales but that has not occurred, at least not yet. The numbers are a bit skewed due to the low per square foot sales price on one property but with that exception, the market remains solid.

06.27.2017

Section 1031 of the United States Internal Revenue Code has been in existence for nearly 100 years, first instituted in 1921. However, the new administration’s promise of tax reform has House Republicans working on a proposal that could severally limit or repeal this investment tool.

06.14.2017

(Spring Creek Village, Edmond, Oklahoma)

On June 14th, the Federal Reserve increased the federal funds rate by another .25%, which will take the prime rate to 4.25%. It is expected by many that a third increase will be approved later this year further impacting investors’ expected investment returns.

05.23.2017

In the last blog “Modern Updates Attracts Younger Generations” we discussed that the owners of office buildings should take a serious look at the exterior of their buildings and consider updating and upgrading the appearance of their buildings to bring them into a new era of office building design with an accent on the good and replacing or redesigning the bad and the ugly. That was outside. Now, let us go inside.

05.03.2017

(Aldi's Edmond location on West Edmond Road)

The winds of change are blowing into the Oklahoma City grocery market in the form of discount retailers Winco, Aldi and Save A Lot. Winco is a major warehouse-type grocer new to Oklahoma with a 90,000 sq ft footprint. They have identified four locations in the Oklahoma City metro area and are under construction with three of those stores now. Aldi and Save-A-Lot are both small neighborhood deep-discounters with a limited assortment of items targeting thrifty shoppers, and both are adding locations to their store count.