Summit RE Negotiates Sale of 113,160 SF Shopping Center in Tulsa
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
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On the RET wire
- Disclosed retail deal value tracked in October 2026: $5.6B across 32 reported transactions. All Retail coverage →
Computed from Real Estate Trail’s own tracked coverage
TULSA, OKLA. — Regional brokerage firm Summit RE has negotiated the sale of Harvard Ave Shoppes, a 113,160-square-foot shopping center in Tulsa. Information on tenancy was not disclosed. Hudson Lambert of Summit repre…
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