Grace Commercial Real Estate is a commercial brokerage focused on office and industrial property leasing across the Oklahoma City metro, operating as a tenant and landlord representation firm rather than a residential agency. The firm handles lease negotiations, market analysis, and property positioning for businesses seeking to occupy or lease out space in OKC's office parks, warehouse districts, and mixed-use developments.
Grace Commercial Real Estate represents both tenants looking for suitable office or industrial space and landlords seeking reliable tenants. The firm does not handle property sales, focusing instead on lease transactions where it earns commission from either the landlord, the tenant, or both depending on the deal structure. The broker's work includes market research to establish fair rental rates, site selection based on business needs, lease drafting support, and negotiation to reach terms acceptable to both parties. Commercial real estate brokerage in Oklahoma City differs markedly from residential sales: leases typically run three to ten years, rent is quoted per square foot annually, and the transaction involves extensive due diligence on tenant creditworthiness and use restrictions.
Grace Commercial Real Estate charges on commission, which is standard for commercial brokerage and typically ranges from 4 to 6 percent of the total lease value, split between representing sides. A company leasing 5,000 square feet at $15 per square foot annually ($75,000 per year) over a five-year term ($375,000 total) would incur a commission of roughly $15,000 to $22,500, usually paid by the landlord at lease execution. Tenants pay nothing upfront; the broker's fee comes from landlord proceeds. Confirm current commission splits directly with the firm, as arrangements vary by lease size and complexity. The firm also provides lease-renewal counsel and handles modification negotiations if a tenant's business needs shift mid-lease.
Oklahoma City's commercial real estate market includes larger, multi-service firms such as CBRE and JLL, which handle office, industrial, retail, and land transactions across multiple states and maintain extensive databases of available properties. Grace operates at a smaller, more localized scale, allowing deeper familiarity with OKC-specific landlords, tenant histories, and neighborhood-level conditions. Smaller brokers like Grace often move more quickly on deal terms and carry less overhead, sometimes resulting in lower commission expectations on smaller leases under $100,000 annually. Choose a large, national firm if you need access to properties nationwide or represent a major corporate relocation; choose Grace or a comparable local broker if you lease under 10,000 square feet, operate within OKC, and value direct contact with the broker handling your file.
The firm fits small to mid-sized businesses seeking office or warehouse space in Oklahoma City, landlords with one or two properties to lease, and companies planning to renew or expand existing leases. It does not serve residential property managers, retail-only tenants, or businesses pursuing land purchases rather than leases. If your company occupies multiple states or requires specialized brokerage (such as sale-leaseback arrangements or build-to-suit development deals), a national firm typically provides better resources.
Initial contact usually includes a brief discussion of your space requirements, timeline, and budget. For a tenant, the broker will ask about desired location within OKC, square footage, parking needs, and any specific amenities (dock access, HVAC specifications, office mix). For a landlord, expect questions on current lease terms, tenant type preferred, rental rate expectations, and maintenance responsibilities you wish to retain. The broker then provides a market report showing comparable lease rates and available inventory, followed by property showings or a shortlist of matching opportunities.
Grace Commercial Real Estate operates during standard business hours; confirm current phone and office location before visiting. The firm conducts most initial consultations by phone or video, with property tours scheduled by appointment.
Grace serves Oklahoma City's commercial market by connecting smaller businesses and local landlords directly with an agent who understands neighborhood supply, tenant demand, and fair-market terms specific to the metro area.
