Price Edwards & Co. reports on retail property in Oklahoma City

“Oklahoma City's national image among retailers is the best it's ever been,” Price Edwards says. “Expect this to translate into more stores, more new development, and a better quality and diversity of retailers in our market.”
by Richard Mize Published: January 12, 2013
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Walmart

“Despite our current wave of grocery expansion, Walmart isn't ready to give up market share. It has planned, or has under way, eight new stores for the Oklahoma City metro area. These include two new Sam's Clubs, at Fox Lake in Edmond and on 149th street (near) Moore. Four new Walmart Neighborhood Markets are planned and two new Walmart Supercenters, one of which is under construction in Choctaw.”

Outlook

“We remain positive in our outlook for the Oklahoma City retail market barring any disruption by one of our major employers. There is far more positive in the market than negative with low unemployment, good population and income growth, and all the positives we as a community are getting from MAPS, Project 180, and the Thunder. As a result, Oklahoma City's national image among retailers is the best it's ever been. Expect this to translate into more stores, more new development, and a better quality and diversity of retailers in our market.”

Download the Price Edwards 2012 Year-End Retail Market Summary at www.priceedwards.com

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by Richard Mize
Real Estate Editor
Real estate editor Richard Mize has edited The Oklahoman's weekly residential real estate section and covered housing, commercial real estate, construction, development, finance and related business since 1999. From 1989 to 1999, he worked...
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