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There is strong investor demand for oil- and gas-related net lease assets in Oklahoma by coastal investors and in larger markets where investors are continuing to diversify holdings to chase additional yield.
The leasing opportunity at Pier 17 has up to 18,000 square feet along the Embarcadero where it is adjacent to the Exploratorium Science Museum at Pier 15.
With more than 1.4 million square feet of net absorption during the 12 months trailing first quarter 2019, the Northwest industrial submarket remains a target for institutional investment, i.e., Kempwood Tech Center.
Most office projects are delivered preleased as occupiers pursued a flight to quality, such as Fox's recent Harwood lease, as space is offset by move-outs of third-generation space in first and second quarters.