NAI Red

As we kick off 2025, U.S. hotel construction continues to surge, with over 750K rooms in progress. While 2024 ended with record numbers, the market is adjusting for business travel growth and potential shifts in consumer spending. What does this mean for CRE professionals? Expect opportunities—but with a careful eye on evolving trends. #CRE #CRENews https://buff.ly/3Xi3AZE

Sweet Sweetie 2, L.L.C. has purchased an industrial building located 5001 Northwest 3rd Street in Oklahoma City consisting of 14,400 square feet on 2.47 acres from Claudia Scribner for $2,610,000.?This was purchased for bread distribution. Matthew Pierce and Cade Flesner with NAI Red provided brokerage services to the Seller. #CRE #NAIRED #SOLD https://buff.ly/0Y2tnFB

#NEWLISTING Commercial Land For Sale at Lonnie Abbott Boulevard & N. Texass Avenue in #ADA. Contact David Hartnack & Sam Swanson For Info. #CRE #NAIRED #LANDFORSALE https://buff.ly/A8U5K73

In 2024, commercial real estate loan modifications reached a record $19 billion, continuing the 'extend-and-pretend' strategy. This approach involves postponing loan maturities in hopes of more favorable interest rates. Notable firms like RFR and SL Green have secured extensions. Fitch projects an increase in loan modifications and defaults in 2025 amid economic uncertainties. #CRE #CRENews https://buff.ly/3ERQR9T

Happy St. Patty's Day??

Starone, L.L.C. has purchased an industrial property located at 1120 North Vermont Avenue in Oklahoma City consisting of 23,307 square feet on 1.3 acres more or less from 1120 N. Vermont, L.L.C. for $1,350,000. This was purchased as an owner-user?investor. Amir Shams and Zachary McQueen with NAI Red provided brokerage services to the Seller. #CRE #NAIRED #SOLD #Industrial https://buff.ly/P19eGgC

Rose Rock Center For Sale or Lease at 111 N. Post Road in Midwest City. Contact Samuel Dunham & Nathan Wilson For Info. #CRE #NAIRED #RetailForSale #RetailForLease https://buff.ly/ParvQdR

AZ Global Investments, L.L.C. has purchased an industrial building located 5649 and 5721 Huettner Court in Norman, Oklahoma consisting of 24,920 square feet on 0.95 acres from Claudia Scribner for $1,600,000.?This was purchased for use as a gymnastics studio. Matthew Pierce and Cade Flesner with NAI Red provided brokerage services to both the Buyer and the Seller. #CRE #NAIRED #SOLD #IndustrialSold https://buff.ly/WYFZTsz

AG Acquisition II, L.L.C. has purchased land located at the Northwest Corner of Western Avenue and Classen Boulevard in Oklahoma City consisting of 1.12 acres more or less from Classen Curve Development Parcel, L.L.C. for $1,500,000.?The land was purchased for a retail development. David Hartnack and Sam Swanson with NAI Red provided brokerage services to the Buyer. #CRE #NAIRED #Land #SOLD https://buff.ly/WYFZTsz

The Trump administration has announced a $500 billion initiative to develop AI data centers across the U.S., involving major tech companies like OpenAI, Oracle, and SoftBank. This project aims to advance AI capabilities and is expected to have significant implications for the commercial real estate sector, particularly in data center development and energy infrastructure. #CRE #CRENews https://buff.ly/41xqnmU