Keeping abreast of current issues facing the commercial real estate industry is a vital part of who we are at Frisbie Lombardi Commercial Real Estate. This knowledge informs best practices, ensures our customers have up to date information to assess opportunities or potential land mines and puts us in the room with policy makers at the federal, state and local level. This involvement takes a significant amount of time and effort, but it is one of the many reasons FLCRE is the tip of the spear in Oklahoma commercial real estate.
In February, NAIOP hosted a national convention on government affairs and increasing the exposure of local chapter operations. Frisbie Lombardi has two officers currently in the Oklahoma Chapter — Danny Overton (President) and Nick Lombardi (President-Elect). Danny & Nick met with Oklahoma’s Senate Delegation (Jim Inhofe and James Lankford) to discuss issues ranging from taxation, infrastructure and transportation. Tax policy affects commercial real estate in a myriad of ways for an owner, but it also can incentivize new development.
Energy efficiency and sustainability are additional points of focus for commercial real estate moving forward. Whether it be for better building systems, low-impact development or LEED certified construction, these practices can pay dividends for commercial real estate owners as well as ensure our cities and states are positioned to thrive for generations to come. Danny & Nick met with representatives from Oklahoma’s Congressional Delegation, including the offices of Kevin Hern, Markwayne Mullin, Tom Cole & Frank Lucas, to advocate on behalf of our industry and the livelihood of commercial real estate.
If you are looking for a brokerage firm or development partner that understands and can execute these decision points for commercial real estate, give Frisbie Lombardi Commercial Real Estate in Tulsa a call today. Our knowledge is your resource.