Work is nearing completion on a fourth big office-warehouse in North Gate Commerce Park in northeast Oklahoma City, with more than one-third of the 145,000-square-foot building pre-leased.
General Motors supplier Inalfa Roof Systems Inc., based in Auburn Hills, Mich., has leased 55,000 square feet in the latest building in the industrial park, which is being developed by Richard Tanenbaum and Justin C. Gardner of Gardner Properties.
The industrial park’s success – at a time when the Oklahoma City industrial property market is considered lackluster by leading experts – is attributable to its location in an area with little other industrial development and easy access to interstate highways, said Bob Puckett, industrial specialist with Price Edwards & Co.
The $5 million industrial park is between Hefner Road and NE 122 on the east side of Interstate 35, with easy access to I-40 and I-44.
In addition, Puckett said, the 28-foot clear-height ceilings of North Gate Commerce Park’s warehouses attract national companies.
“He’s building new stuff that appeals to national tenants who are willing to pay for it,” he said.
Inalfa Roof Systems develops and distributes power sunroofs and movable roof systems for GM cars and trucks. The company leased space in Oklahoma City to expand its manufacturing capacity and plans to move in July, said Eric Mertz, program director.
“Our new Oklahoma assembly plant will support the ‘just-in-time’ supply of modular roof systems,” Mertz said. “Due to our material flow requirements and manufacturing objectives, the facility is designed as cross-docked space to enable point-of-use delivery to our assembly operations.”
The remaining 90,000-square-feet of space in the new warehouse is available for lease at a minimum of 20,000 square feet.
The building, like the other three in North Gate Commerce Park, is of tilt-wall concrete construction, with 28-foot clear-height ceilings and dock-high bays, which means the warehouse floors are at the same level as the floors of truck trailers.
The new warehouse is at 11300 Partnership Drive, on 15 acres near I-35 and Hefner Road. The architect is Pascal Aughtry of Blackledge & Associates in Oklahoma City. Financing was provided through Doug Morris with Stillwater National Bank.
Other warehouses at the site include:
– A 138,600-square-foot building with tenants including Bluecurrent LLC, an Austin, Texas-based manager of corporate computer systems, with 75,000 square feet; Omni Packaging Corp., a Tulsa-based distributor of commercial packaging materials; and Hanco Inc., a moving-and-storage company.
– A 154,000-square-foot building housing Manco Inc., an Ohio-based manufacturer and distributor of duct tape and other household goods and office supplies.
– A 207,000-square-foot building housing Carlisle FoodService Products Inc.