The Latest on Industrial Properties in Edmond, OK
Industrial properties in Edmond and around the state have been coming back on the market recently. In 2018, Oklahoma started approving licensing for medical dispensary and grow houses to open up, which immediately removed the majority of the industrial warehouse inventory from the market. Since the moratorium on Aug. 26th this year, no more licenses are being issued since over 12,000 licenses have ben issued in the last four years. This new regulation by the Oklahoma Medical Marijuana Authority (OMMA) has allowed for the market to correct itself and supply industrial buildings back to the market, providing new options that companies in the area haven't had access to for several years. Electricians, plumbers, utility companies and those alike can now start looking for space again. Now is the perfect time to shop for industrial buildings if you've been waiting.