The EEDA now provides a fully searchable Commercial Real Estate database that enables you to list any commercial property in Edmond. This free service allows you and your clients to research available space by type, location, size, and price. Along with a complete description of the listing, digital photos can be added to increase marketability. We invite you to take advantage of this directory that currently maintains 141 building listings and 88 plots of land.
If you currently have property listed, please click here to update it.

To acquire a user name and password to list property, contact Josh Moore at jm@eeda.com. Please list a name, company, address, telephone/fax number, and Web address.

Market Retail Edmond/North Metro Community Neighborhood NE Colorado Springs Community Neighborhood Office North Metro Colorado Springs Apartments Edmond Colorado Springs

Vacancy Rate 3.0% 1.9% 5.6% 6.9% 14.7% 7.9% 2.9% 3.6%

Low $ $9.65 $6.00 $13.50 $8.23 $10.00 $10.46 $336 $465

High $ $15.81 $13.99 $15.87 $18.89 $18.75 $20.58 $755 $912

Average $ $11.82 $9.80 $14.67 $12.19 $14.38 $15.69 $510 $703

Source: Reis.com
For complete metro information, refer to: http://reis.com/.

Real Estate Transactions
Commercial Real Estate Transactions
June, 2001

Purchases

Citizen's Bank from Morris A. Gibson Paul Massad Family LLC from Diagnostic Radiology Life Covenant Church from Covenant Development Corp.

15 S. Broadway NE Corner of 2nd & Bryant NE Corner of Edmond Rd. & Penn.

$175,000 $248,000 $435,500

Commercial Building Permits
New Commercial Building Permits
City of Edmond, June 2001

Milestone Construction Edmond Express LLC Krittenbrink Enterprises Bowen Construction Inc. Bowen Construction Inc. Bowen Construction Inc. Clark Construction

309 N. Bryant Ave. 3840 E. 2nd St. 1501 Renaissance Blvd. 2204 Aurora Dr. 2175 W. Covell Rd. 3335 N. Santa Fe. Ave. 3801 S. Broadway

$700,000 $2,300,000 $600,000 $50,000 $50,000 $50,000 $650,000

Edmond Angle
Recent Headlines

Latest Influx of Available Space is "All Very Rational"
Marc Weinmiester, of Grubb & EllisBeffort Brooks Hogan, states in the latest Commercial Real Estate Quarterly & Marketing Guide that there has been enough retail growth in the metro market to justify some additional space without a negative effect on rental rates or vacancy. The quarterly guide also reports and comments on the current conditions of both office and industrial metro markets. The latest Commercial Real Estate Quarterly & Marketing Guide can be viewed in the July 6, 2001 issue of Durocher's Oklahoma City Business.

Location, Location, Location - Site Selection Advice
Tom Johnson, President of CB Richard Ellis/Oklahoma, explains the importance of understanding the different needs and characteristics of each business.
Click here to view the Oklahoma City Business Monthly story.

Kelley Pointe: The Peak of Local Smartness
Kelley Pointe Technology Park plans to provide the latest tools to complement innovative solutions and products. Current trends predict that Edmond will have more than 4,800 technology professionals by the end of 2001.
Click here to view The Edmond Life & Leisure story.

Edmond Legend
How much Edmond history do you know?

The settling of the Unnassigned Lands invited numerous opportunities for business development. On April 25, 1889, 3 days after the great Land Run, George Foster constructed and opened the first grocery store in Edmond -- in a tent at Broadway and Second.

-Information provided by the Edmond Historical Society.

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Editor Contact Information:
Josh Moore
Research Assistant
Edmond Economic Development Authority
405.340.0116
jm@eeda.com