Download the 2024 Year-end Office Market Report (email required)
The 2024 Oklahoma City office market closed the year with a total vacancy of 25.8 percent, according to Price Edwards and Company’s data. While some submarkets, like the Northwest, saw noticeable absorption and slightly lower vacancy, others continued to contend with a large supply of older buildings and the shifting preferences of tenants in a post-COVID work environment. The Office Brokerage Team at Price Edwards and Company (PEC) including Craig Tucker, Derek James, Tom Fields, Tre Dupuy and Ian Self was once again led in discussion by Managing Partner Ford Price. They gathered to talk about the new developments in the Oklahoma City office market, the lingering effects of the pandemic, and the potential future for both downtown and suburban submarkets. From co-working and conversions to tenant build-out costs and the question of whether hybrid or full-time in-office work will dominate, the group covered key issues that frame the 2024 market... Read More
