Introduction
The 72,000 SF Lawton OK warehouse lease completed by the Choyce Peterson National Accounts Team marked the successful conclusion of a multi-year site search spanning North Texas and south-central Oklahoma. Representing a national manufacturing and distribution client, the team identified a 6-acre site for a build-to-suit, long-term leaseback, secured site control, confidentially developed multiple build packages, and collaborated with local and regional stakeholders to finalize building specifications, bid packages, and the project authorization request for senior management approval. The newly constructed warehouse consolidated two outdated facilities into a modern distribution center, significantly improving material handling, workplace safety, receiving and truck capacity, and overall operational efficiency. This complex assignment once again demonstrated Choyce Peterson’s expertise in industrial site selection, negotiation, and phased construction management while delivering a long-term logistics solution tailored to the client’s needs.
Lease Details
- Tenant Broker: Alan Peterson, Choyce Peterson, Inc.
- Asset Class: Warehouse
- Square Footage Leased: 72,000 SF
- Occupancy Status: Fully Leased
Property Summary
- Address: 1310 SW Rex Madiera Rd, Lawton, OK
- Building Type: Warehouse
This facility replaced 2 poorly laid out, site constrained, congested facilities in need a significant infrastructure improvements that would have been challenging, at best, to accomplish . The new facility overcame all the inefficiencies without disruption making it highly functional for regional and national distribution.
72,000 SF Warehouse Lease Strategy in Lawton, OK
The leasing strategy focused on 1) working with the local Economic Development resources, 2) project cost development of site and building specifications and bid coordination before final developer selection and build-to-suit long term lease negotiation. Thereafter the team expertly managed a multi-phase project, finding a 6+ acre site that was flat with good distribution access, working with the municipality for site plan approval, and local ,regional and national client personnel to develop and shepherd the project for senior management approval. By securing a long-term lease and advantageous long-term renewal options, the Choyce Peterson team provided the client with a long term solution to what had been long term facility constraints.
Conclusion
This successful project underscores the capabilities of the Choyce Peterson National Accounts Team in executing complex, value-driven industrial transactions. By delivering a larger, better located, new warehouse, the team not only met but exceeded our client’s operational and financial objectives and cements best-in-class distribution capabilities across the TX/OK market.
Frequently Asked Questions (FAQs)
What are the key features of this industrial space?
The facility offers a vastly improved, large central location, and state-of-the-art warehouse elements regarding ceiling height, lighting, aisle width, truck parking, dock equipment, and site work all of which are better suited for high volume distribution activity.
What type of tenant leased the space?
A national distribution client, requiring long-term occupancy, operational efficiency and great delivery access to the region.
Why was this location attractive to the tenant?
Centrally located within the delivery territory to allow facility consolidation with the resulting cost reduction without sacrificing client service.
Were any buildouts or custom improvements part of the deal?
Yes. The project was developed as a build-to-suit facility designed around the tenant’s specific operational requirements. The warehouse layout, truck circulation, loading areas, and site configuration were planned to support high-volume distribution while improving efficiency and safety. A 4-to-1 land-to-building ratio, combined with excellent interstate access, significantly limited the number of viable development sites, making this location an ideal long-term solution for the client’s needs, making this location an ideal long-term solution for the client’s needs and future operational growth requirements.
Ready to achieve similar results? Check out more of our successful transactions and client outcomes by visiting our Success Stories page.
