2014 economic summit - oklahoma city metro retail market overview
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OKLAHOMA CITY RETAIL MARKET OVERVIEW
FEBRUARY 2014
Source: CB Richard Ellis|Oklahoma
Jun
-06
De
c-0
6
Jun
-07
De
c-0
7
Jun
-08
De
c-0
8
Jun
-09
De
c-0
9
Jun
-10
De
c-1
0
Jun
-11
De
c-1
1
Jun
-12
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2
Jun
-13
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385.00%
86.00%
87.00%
88.00%
89.00%
90.00%
91.00%
92.00%
Oc-cu-pancy Rates
Oklahoma City MetroOCCUPANCY RATES
91.32%
Source: CB Richard Ellis|Oklahoma
Jun
-08
De
c-0
8
Jun
-09
De
c-0
9
Jun
-10
De
c-1
0
Jun
-11
De
c-1
1
Jun
-12
De
c-1
2
Jun
-13
De
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382.00%
84.00%
86.00%
88.00%
90.00%
92.00%
94.00%
96.00%
Oc-cu-pancy Rates
Norman/MooreOCCUPANCY RATES
94.71%
Source: CBRE Econometric Advisors, Q3 2013.
United StatesRETAIL SUPPLY & DEMAND OUTLOOK
CONSUMER CONFIDENCE
Source: dshort.com
Source: Oklahoma Home Builders Association
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
130
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
Units
SUMMARY OF SINGLE FAMILYBUILDING PERMIT ACTIVITY
Residential, Single Family Detached | City of Oklahoma City
New Construction
3,34
7
3,45
4
3,81
8
3,32
5
3,04
4
2,43
8
2,25
1
2,41
2
2,54
2
3,33
2
3,40
0
Source: Oklahoma Home Builders Association
SINGLE FAMILY DETACHED PERMIT WITH ZIPS MAPOklahoma City Metro
8 CBRE | CLIENT NAME | PRESENTATION TITLESource: Oklahoma Home Builders Association
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
130
100
200
300
400
500
600
700
800
Units
SUMMARY OF SINGLE FAMILYBUILDING PERMIT ACTIVITY
Residential, Single Family Detached | City of Norman
New Construction
652
724
669
419
564
339
328
357
414
426
TENANTS ACTIVE IN THE MARKETPLACEOklahoma City Metro
Square Feet
Costco 240,000
Walmart Supercenter 225,000
Sam’s 225,000
Floor and Decor 80,000-120,000
Gander Mountain 65,000
Top Golf 60,000 (12 acres)
Sky Box 60,000 (12 acres)
Cabella’s 60,000
Hobby Lobby 55,000
Whole Foods 40,000
Gold’s Gym 40,000
LA Fitness 40,000
Trader Joes 35,000
TENANTS ACTIVE IN THE MARKETPLACEOklahoma City Metro
Square Feet
Ashley Furniture 30,000
Fresh Market 25,000
Conn’s 25,000
Sprouts 25,000
Natural Grocers 20,000
Container Store 20,000
Stage 20,000
You Fit 18,000
Ruth’s Chris 11,000
Pappas Restaurants 8,000
West Elm 8,000
Five Below 8,000
Salons by JC 7,000
TENANTS ACTIVE IN THE MARKETPLACEOklahoma City Metro
Square Feet
Beauty Brands 5,000
Corner Bakery 3,500
Zoe’s Kitchen 2,500
Del Taco 2,400
Outlet Shops
For more information regarding this presentation please contact:
Stuart GrahamVice PresidentT +1 405 272 5306F +1 405 272 5355stuart.graham@cbre-ok.com
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