New $37.5M airport hangar coming to Will Rogers World Airport
April 11th, 2024
Aerospace and aeronautics are the state's second-leading industry, providing more than 200,000 jobs to Oklahomans and generating $44 billion in economic activity annually. And now, a new three-bay hangar at WRWA is expected to create 225 jobs in the maintenance, repair and overhaul industry. Read on for more information about the 80,000 square foot facility for Alaska Airlines. Story by Journal Record.
Adaptive-reuse trend converts office space into apartments, hotels, retail
November 10th, 2023
Jeff Elkins with The Journal Record wrote an article regarding the recent trend of office repurposing. In the article, Managing Director Brent Conway shares his insights of current office conditions.
International company to build $1B solar plant in Tulsa, OK
June 6th, 2023
Enel, an international green energy company, will begin construction on a solar panel manufacturing facility at the Tulsa Port of Inola in the fall. The 2-million square foot factory is being called the largest economic development project in state history, with an investment of more than $1 billion from the company and the creation of 1,000 new, permanent jobs by 2025.
Planned Oil Refinery in Cushing, OK
June 1st, 2023
Texas-based, Southern Rock Energy Partners (SREP), has selected Cushing, Oklahoma as the site for the United States' next-generation, full conversion crude refinery.The refinery will be built on about 625 acres and feature cutting-edge technology deployed to reduce its carbon footprint. According to the media release from SREP, the project is expected to have $5.56 billion in capital investments and supply 423+ full-time employees for operations.
Pratt & Whitney's Big Announcement
March 27th, 2023
Pratt & Whitney, a Raytheon Technologies (NYSE:RTX) business, today announced its plans to invest $255 million through 2028 in a world-class sustainment facility in Oklahoma City, OK. The new 845,000 square foot facility will act as a hub for depot operations for all Pratt & Whitney military engines, including those for the F-35, C017, F022, F-15, F-16, B-52, and E-3 AWACS. Read on for their official press release.
2022 In Review
February 7th, 2023
With so much uncertainty in the national economy, it seemed unlikely that Newmark Robinson Park would have another record breaking year in leasing and sales volumes. But thanks to the confidence our loyal clients place in us, for the second year in a row, we set an historic high dollar volume mark in Oklahoma.
For more than a century, our Brokers have been innovators, matching our clients with the sales, acquisition, and leasing solutions they need. As we anticipate the beginning of an economic rebound in 2023, Newmark Robinson Park is honored to serve all of your commercial real estate needs.
Contact any one of our brokers today.
$15M Renovation of the Historic Skirvin Hotel
December 20th, 2022
The 111-year old Skirvin Hotel in downtown Oklahoma City was recently purchased by Ortus Hotel Investments of Oklahoma City, led by Mark Beffort, Andy Burnett and Matthew Benjamin, along with Sovereign Properties Holdco - a business entity of the Chickasaw Nation. Investors and architects are meeting this week to develop a design plan for the $15 million renovation. Beffort said the renovation will begin Q3 2023 and take around six or seven months to complete. See the story published in The Journal Record.
Rick Guild named Tulsan of the Year
December 5th, 2022
Rick Guild, senior vice president of Newmark Robinson Park in Tulsa, has been named as one of the Tulsans of the Year. Guild has completed over $1 billion in sale and lease transactions over the course of his career, inlcuding the $101.17 million sale of the Warren Place office complex. For his achievements, Tulsa World Magazine has selected Guild as one of its Tulsans of the Year.
Beffort Predicts Bright Future
November 21st, 2022
Newmark Robinson Park CEO Mark Beffort recently provided comments and insight on his development projects and hotel acquisitions to Kathryn McNutt at the Journal Record.
Mark highlighted how real estate markets are bouncing back after the pandemic, and he sees opportunity around every corner.
In addition, Mark spoke about his entry into the hotel business, including the historic Colcord in downtown OKC and the historic Martinique Hotel in New York City.
Read the entire article to learn more about Mark’s outlook for the overall real estate market and the projects he is developing to make Oklahoma City an even better place to live.
685,000 SF Spec Industrial Buildings, Tulsa, OK
March 29th, 2022
A planned industrial project in northeast Tulsa, valued at more than $50M, will include nearly 685,000 square feet between two buildings. Collier Imgrund of Newmark Robinson Park is working with VanTrust Real Estate, LLC to market the project, named Tulasi Commerce Park. The project is situated on approximately 44 acres and will be located directly north of Whirlpool's 800,000 square foot distribution center.
2021 In Review
February 17th, 2022
Mark Beffort appointed to OKC Chamber Board of Directors
February 9th, 2022
We are proud to announce that our CEO Mark Beffort, has been appointed to serve on the Oklahoma City Chamber's Board of Directors for 2022. Thanks to Mark and all the business leaders who will continue to make OKC the best place to live, work, and do business.
Under Construction | New Class A Industrial Park | SE 89th & Pole Rd.
September 27th, 2021
Blue Road Investments has begun construction on a three building, 403,000 square foot premier industrial park located at the corner of SE 89th & Pole Rd. in Oklahoma City. The project, named SE Commerce Park, will be Blue Road's first development in Oklahoma City and will include a 180,000 SF cross-dock facility and two rear-load warehouses. Brett Price, CCIM, SIOR, Senior Managing Director at Newmark Robinson Park, will handle the leasing for the project. Estimated completion date is Q2 2022.
New Energy Services Company to Headquarter in Oklahoma
August 24th, 2021
EightTwenty, a new energy services company, announced that they are establishing a new headquarters in northeast Oklahoma City which will create 75 jobs over the next two years. "EightTwenty is the first of its kind in Oklahoma delivering renewable energy solutions, from solar panel installation and support to electrical services that allow infrastructure to be future-ready with EV charging stations and battery storage," said the company's CEO Tony Capucille. For more information, continue reading the article published by the Journal Record.
News 9 to purchase the Century Center
July 12th, 2021
Griffin Communications plans to purchase and occupy the Century Center building in downtown Oklahoma City for its corporate headquarters, studios and newsroom. The company expects the move to be completed in 2022 which will bring nearly 200 jobs downtown. The building, which sits on the corner of Robinson & Sheridan, is home to Mahogany Steakhouse, The Oklahoman, and Main Street YMCA, who all plan to remain tenants in the building once purchased. Click here to read the article originally posted by David Dishman at The Oklahoman.
Canoo Selects Oklahoma For Owned Manufacturing Facility
June 22nd, 2021
Exciting news for Tulsa!! Canoo (Nasdaq:GOEV) has selected the MidAmerica Industrial Park in Tulsa for their US manufacturing facility. The company, who manufactures electric vehicles, announced it will start production and delivering vehicles from the site in Q4 2022. You can read the full press release found on Canoo's website.
Amazon Plans New Facility in Tulsa
May 10th, 2021
Amazon plans to build a 270,000 square foot warehouse distribution and sorting center on Mingo Rd. between 36th St. North and Apache Boulevard near Tulsa International Airport. The facility is said to bring at least 200 full and part-time jobs to Tulsa. This is Amazon's third facility in Tulsa after a fulfillment center and delivery station opened last year. For more information, please see the article published by Rhett Morgan in The Tulsa World below.
Israeli-Based Aerospace Company Relocates to Tulsa
May 10th, 2021
TAT Technologies Ltd. has announced their plan to relocate its thermal components activities from Israel to Tulsa, OK. The company, as stated in the article from the Oklahoma Department of Commerce, is "the world's largest independent manufacturing/repair company of thermal components for the aviation industry, and also the parent company of Tulsa-based Limco Airepair." Over 300 new jobs will be created from the project, as well as the company using CareerTech campuses to recruit the necessary technical tradesmen.
We Have a New Name!
March 9th, 2021
Newmark Grubb Levy Strange Beffort is now doing business as Newmark Robinson Park! We will continue to be an affiliate of Newmark, the third largest commercial real estate firm in the world. "Newmark's national connections are very significant to Oklahoma, providing relationships, leads, expertise, and innovation," said Mark Beffort, CEO. "But make no mistake, our company, Newmark Robinson Park, is Oklahoma owned and managed, and provides full-service commitment to our Oklahoma clients and properties," Beffort continued.
Expanding our Tulsa Office
September 14th, 2020
We are excited to announce that we are adding to our team! Office brokers Dilon Argo, Amity McCabe, and Brad Rice will be joining Collier Imgrund, industrial associate, in our Tulsa office located at 110 W 7th. Please read the attached press release for further information.
Allied Arts
August 2nd, 2020
Allied Arts invited local artist and friend, Kris Kanaly, to create a mural for announce their campaign total. Watch the time-lapse video in the link for the big reveal.