Tulsa's Industrial Gold Rush: Why Vacancy Rates Are Below 3% With David Looney
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About this listen
Tulsa’s industrial market is on fire — with sub‑3% vacancy, booming manufacturing demand, and billions flowing into data centers, David Looney from Legacy Property Advisors breaks down why now is the time to pay attention to Oklahoma CRE.
Time Stamps: 0:00 - Introduction
0:13 - Meet David Looney from Legacy Commercial Property Advisors
0:27 - Tulsa’s Industrial Market Overview
0:45 - Why Industrial Vacancy is Below 3%
1:30 - The Cost of Construction and Supply Issues
2:14 - Delivery of New Product is Down
2:37 - Manufacturing is Driving Demand in Tulsa
3:14 - Crane-Ready Buildings and Their Value
4:05 - Heat Exchangers and Tulsa’s Industrial Strengths
4:24 - Logistics vs Manufacturing in CRE Demand
4:53 - Data Center Developments in Tulsa
5:46 - Project Anthem: META’s Potential Expansion
6:52 - Google’s Multi-Billion Dollar Oklahoma Projects
7:27 - Support Industries Around Data Centers
8:32 - Project Clydesdale and Atlas Breakdown
9:03 - New Google Campus in Muskogee
9:45 - Why Support Companies Will See CRE Gains
10:55 - Oklahoma’s Power, Land, and Incentives Advantage
11:26 - UAE’s $4B Aluminum Smelter at Port of Inola
12:27 - Increased Barge Traffic & Supply Chain Opportunity
13:07 - Closing Thoughts + CRE Outlook for Tulsa
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