Tulsa Office Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield
Quarterly office market indicators for Tulsa, aggregated by CREhunt from Cushman & Wakefield. As of Q2 2026, vacancy was 0.4%, per Cushman & Wakefield.
Projected current office pricing — Tulsa
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Tulsa office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 multiple brokerages asking-rent data (benchmark cap rate 6.5%–8.6%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | — | 0.4% | -600 SF | — | Cushman & Wakefield |
| Q1 2026 Cushman & Wakefield | $19.24/SF/yr | 10.5% | — | — | Cushman & Wakefield |
| Q4 2025 Cushman & Wakefield | $18.59/SF/yr | 9.6% | -75K SF | — | Cushman & Wakefield |
| Q3 2020 Cushman & Wakefield | $15.92/SF/yr | 12.3% | -372K SF | — | Cushman & Wakefield |
Office asking rents by submarket
The newest asking rent a named brokerage's report published for each Tulsa office submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| CBD | $22.23/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| East | $15.26/SF/yr Cushman & Wakefield · Q4 2025 | Cushman & Wakefield, Q4 2025 |
| Mid-Town | $17.06/SF/yr Cushman & Wakefield · Q4 2025 | Cushman & Wakefield, Q4 2025 |
| North Central | $13.98/SF/yr Cushman & Wakefield · Q4 2025 | Cushman & Wakefield, Q4 2025 |
| Northeast | $24.75/SF/yr Cushman & Wakefield · Q4 2025 | Cushman & Wakefield, Q4 2025 |
| South Central | $19.81/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Southeast | $19.27/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
Frequently asked questions
- What is the average asking rent for office space in Tulsa?
- CREhunt aggregates office asking-rent data for Tulsa from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the office vacancy rate in Tulsa?
- The office vacancy rate in Tulsa was 0.4% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's Tulsa market data come from?
- This report aggregates quarterly office market data for Tulsa from Cushman & Wakefield.