Office leasing activity in Tulsa held relatively steady through the first half of 2026,
although overall volume declined as demand continued to skew toward smaller
transactions. The market vacancy rate rose 0.6% from year-end 2025, while twelve month absorption shifted from a positive 1.0 million square feet at the close of 2025 to negative 66,194 square feet in H1 2026. This reversal underscores ongoing occupier rightsizing, with many users reducing or reconfiguring space to better align with sustained remote and hybrid work models.
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