Leasing & Market Assessment
Price Edwards & Company has leased literally hundreds of office, retail, industrial and multifamily assets in Oklahoma. Understanding an asset's position and perception in the marketplace, being able to identify the existing impediments to achieving a successful leasing program, and what measures are required to properly reposition an asset, all require an extensive background in the leasing of commercial space. The firm closes hundreds of leases each and every year, which has provided our brokers unique opportunities to understand what is important to tenants beyond simply the rental rate, and therefore what specific issues need to be addressed in order to increase income streams and maximize the ultimate value of the asset. A summary of directly competing properties is created, outlining the positives & negatives of each, thus allowing the client to know exactly where the property stands in relation to the competition. Finally, the firm's regular market studies provide clients in-depth data on the market in terms of overall vacancies, space absorption, rental rates and projected new construction.