Demand has clearly rebounded, with a standout third quarter that helped bring the market back into better balance; North Tulsa led the pickup in leasing.
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Supply pressure is starting to ease as deliveries step down and the construction pipeline shrinks, pointing to less competition from new supply ahead.
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Operations are steadying in most areas of the market. Rents are inching up and occupancy has held near long-run norms, setting the stage for gradual improvement into 2026.
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MARKET OUTLOOK
Tulsa’s near-term setup points to steady normalization as demand firms and supply pressures recede...
