Archive for downtown oklahoma city

Monthly Market Brief February 2017

Each month, our Heritage Investment team publishes a market brief to provide an overview of the major factors influencing the US economy, including a summary of key sectors and the current positives & challenges.

Click Market Brief February 2017 for February 2017 updates.

Here are some key highlights:

o POSITIVES:
o January non-farm payroll jobs came in at a solid 227,000 for a pace 50,000 jobs greater than the monthly average reported in 2016
o Inflation data remains tame but continues to trend higher as year-on-year total PCE increased 1.6%
o Consumer spending ended 2016 up 2.5 percent with spending on durable goods, particularly autos, reflecting the biggest gain in consumer spending followed by a 10.2% pop in residential investment
o Manufacturing posted strong gains in January with both the ISM & PMI, Manufacturing Indices reporting strength in new orders and increasing input costs in
response to demand
o CHALLENGES:
o Even while job growth continues at a relatively strong pace and the unemployment rate of 4.8% is at target, there is still apparent slack in the labor market as wage pressure remains relatively weak at 2.5%
o Consumer spending increased 0.5% in December; however, the increase is likely lower quality spending as a 0.2% decrease in consumer savings likely helped fund the increase

Heritage Team Runs in OKC Memorial Marathon

 

April 24th marked tIMG_8577he 16th Oklahoma City Memorial Marathon with nearly 25,000 runners of all ages in the kids, 5K, Half Marathon, Relay and Marathon, and Heritage proudly participated. In addition to the runners, hundreds of volunteers and businesses help along the course and support the runners. The race begins at the site of the Memorial in downtown OKC.

The Heritage 5 person relay team included Kenny Brown, Joni Guy, Jeff Asher, and Jennifer Pellow. Unfortunately Rusty Riggs developed a stress fracture while training so her friend Karreen stepped in to run her leg.

Our 2016 #OKCMarathon runners.

Three Heritage employees completed the Half Marathon: Matt McGuire, David Luke and Megan Bowers. We thank them for running and everyone in the community for supporting this race and all it stands for: #runtoremember.

Heritage marketing coordinator Jennifer Pellow, who ran in the relay, recounts her experience. “I was moved seeing all the fireman doing the half marathon in full gear, respecting all the fireman who were on the scene to help during the bombing. You know that was a huge challenge but, they seemed grateful to have that honor.”

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“I also loved all the kiddos with their hands out as we ran by! It made my heart happy to be running,” she said.

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Our 2016 #OKCMarathon runners.

 

 

First Look: Heritage Offices

Construction is moving along at The Heritage, formerly known as the Journal Record Building in downtown Oklahoma City. Here’s a first look at what the Heritage Trust offices will look like in our new space. Stay tuned for more updates before our move early next year.

1st floor lobby area_updated linework_rendered1st floor workspace perspective_rendered

The Heritage Branding Wins Awards

Congratulations to our friends at SAXUM and the advertising community on their wins at this year’s Oklahoma City ADDY awards recognizing stellar advertising work. SAXUM created the brand identity for The Heritage, the former Journal Record building in downtown Oklahoma City, and received a Gold ADDY and Silver Award.The Heritage Logo_Primary

According to SAXUM account supervisor Rachel Hinderman, the campaign won the following:

INTEGRATED BRAND IDENTITY CAMPAIGN
Title: The Heritage – Branding
Award: ADDY Award (gold)

Category: ELEMENTS OF ADVERTISING | VISUAL | LOGO
Title: The Heritage
Award: Silver Award

View the 2016 OKC ADDY winner book here.

 

 

The Heritage

The Heritage Logo_PrimarySomething big is underway in downtown Oklahoma City: The former Journal Record building, which houses the Oklahoma City National Memorial & Museum on the first floor at 620 N. Harvey, has a new name: The Heritage  — and is undergoing a major renovation. As you cperspective 4an see in the rendering, The Heritage will truly be a beacon for the community, drawing both new visitors, tenants and shoppers. As part of the investment team, Heritage Trust is pleased to share the logo, web site and video about this exciting project.

About

Designed in 1923 by renowned architect Solomon Layton and added to the Register of Historic Places in 1980, The Heritage has stood sentinel as a witness to the growth, resilience and optimism of downtown Oklahoma City. The Heritage is a multi-million dollar renovation and commercial development project that will be enjoyed for generations to come. The Heritage is comprised of Class A alternative office space, retail, and luxury living with abundant private parking. Its signature office space is an artful balance of modern design and amenities enveloped by its familiar, classic architecture.​

See the video of the investors discussing the project here at TheHeritageOKC.com.

For more information on leasing, visit the listing at Price Edwards.