Many people associate Oklahoma with its homonymous Broadway musical. But while Rodgers and Hammerstein’s 1943 production is an undeniable classic, it couldn’t capture everything modern-day Oklahoma has to offer. From a rich cultural history to a burgeoning healthcare scene, there’s much more to the “Sooner State” than meets the eye.
Historically, Oklahoma’s economy consisted largely of agriculture and petroleum—and the state remains a top producer of natural gas and wheat. Today, its diverse economy also includes aviation, energy, electronics, and transportation. Oklahoma boasts a colorful streak of innovation and out-of-the-box thinkers, as well. It deserves credit as the birthplace for inventions such as voicemail, parking meters, and electric guitars. That out-of-the-box thinking seemingly knows no limits; Oklahoma is home to more astronauts than any other state.
Outside of its inventive and economic contributions, Oklahoma is notable for cultural and historical reasons. Thirty-nine tribes call the state home, giving Oklahoma the second largest Native American population in the U.S. Much of the state’s eastern region lies within Indian territory, including Tulsa, Oklahoma’s second largest city. Less than two hours away, the state’s capital, Oklahoma City, sits just outside of Native American land, where it averages more than 300 days of sunshine per year.
Thanks to its diverse cultural and economic offerings, Oklahoma is already a diamond in the rough. With a low cost of living and warm business climate, it also offers untold real estate potential for all fields and professions, especially healthcare.
Given that America’s Health Rankings rated Oklahoma’s healthcare system #46 in the nation, Oklahoma faces a tremendous growth opportunity. Ongoing state and local efforts continue to improve critical healthcare issues such as high tobacco use, obesity, and infant mortality rates. In fact, a 2020 update on the Oklahoma Health Improvement Plan indicates that the percentages of adult smokers and infant deaths are decreasing, and high schoolers are becoming more physically active.
These successes aren’t the only indicator of changes on the horizon for Oklahoma’s healthcare system. Data from the Oklahoma Policy Institute suggests that healthcare and social assistance are becoming increasingly vital parts of the state’s economy. In fact, job growth in the healthcare sector in recent years has consistently outpaced manufacturing, continuing to rise even during the Great Recession.
Looking ahead, Oklahoma’s healthcare industry will no doubt continue to improve and grow—and along with it, the demand for medical professionals across multiple disciplines, including nurses, primary care doctors, and ambulatory care workers. For this reason, Oklahoma is a compelling place for healthcare providers to move and start their own practice.
Whether you’re buying or leasing space, real estate transactions are complicated—perhaps even more so for those in the healthcare industry. But professional tenant representation, like those offered by CARR, can help navigate complex negotiations and purchases.
For anyone interested in Oklahoma real estate in the medical space, CARR’s healthcare tenant representation specialists can help move your practice forward. Our agents are licensed professionals that specialize in healthcare and medical properties in Oklahoma City, Tulsa, and other cities across the Sooner State.
The most effective real estate advisors provide unbiased counsel, acting solely on behalf of tenants to execute a tailored real estate solution. This is precisely what CARR’s team of real estate professionals does, representing only buyers and tenants—not landlords. With our detailed market research, negotiation tactics, and sharp business acumen, our healthcare tenant representation specialists are committed to helping advance your practice.
Our team of professionals work hard to serve our clients across a variety of needs, including:
- Lease renewals
- Site selection
- Extensive market research
- Expansions, relocations, and additional office locations
- Real estate purchases
- Transitions, mergers, and acquisitions
CARR’s experienced real estate experts have decades of experience representing clients both locally and nationally. We do our due diligence in conducting extensive market analyses and creating individualized strategies to ensure the greatest possible success for our clients.
CARR’s tenant representatives are committed to helping you achieve your real estate goals. Book a call with one of our Oklahoma agents to learn more.