Between 2010 and 2020, the number of jobs within Oklahoma City’s warehouse and distribution sector grew by 56% or 10,000 jobs. That growth rate outpaced the state and nation, which saw jobs grow at a rate of 33% and 21%, respectively.
E-commerce and on-demand delivery service accounts for $4.2 billion or 5.5% of total GDP for the Oklahoma City metro today.
The state’s burgeoning cannabis footprint demands large amounts of industrial space to accommodate operations.
More companies are considering build-to-suit opportunities, driving up demand of industrial land.
The first half of 2021 brought a few challenges but overall great success to Oklahoma City’s industrial sector as vacancy continues to decrease and absorption, completions and construction continue to climb.