A ‘Class B' city?
How irksome. Oklahoma City a Big League City? Nope. Not yet in the eyes of commercial real estate people in the rest of the country.
The following came with the announcement of a recent major apartment purchase (duly reported):
“This purchase is in line with (the buyer's) strategy of buying in thriving secondary markets like Oklahoma City, unlike most of its counterparts that target primary locations. (The buyer) has actually found that these ‘Class B' locations actually perform just as well, if not better, than their ‘Class A' counterparts. Might be an interesting story since the big players always go after those gateway markets ...”
Yes, they actually do, and we are actually proud this buyer noticed. Don't get me wrong. We're glad to be thriving.
Not being on a coast and not having an international hub airport, we're pretty much shut out of “gateway” status. Yes, there still are more hours on the clock than there are things to see, do, eat and drink in and experience here.
We still do not have business and industry that never sleeps. Therein lies Oklahoma City's future.
But come on, watch that “‘Class B' snark, will ya?