Q2 2012 Tulsa, Oklahoma Office Property Sales Analysis

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Q2 2012 Tulsa, Oklahoma Office Property Sales Analysis


There was just one office investment sale that met Reis Transaction Analytics criteria in the first half of 2012.* In May, the 40,626-square-foot 16 Center Park in Tulsa (city of) sold for $2.4 million ($59 psf) at an 8.5% cap rate. Acron USA Fonds 16 Centre Plaza LP sold it to the Grand River Dam Authority. The rolling 12 month cap rate for Tulsa, based on four sales, is 8.4% in the second quarter, the same as the previous two quarters.