[RUMOR] 1st Place Tower to be Abandoned

[cannon_fodder]

Need confirmation on this rumor...

I was told everyone is being evicted by Kanbar and 1st Place Tower will be abandoned once Kanbar leaves.  

[edited to add RUMOR tag to subject line as info didn't check out]

[carltonplace]

wow, even the restaurants?

[zstyles]

Well, I dont know about that BUT they did stop renting out the upper level of the building for special events and let all well most of the people associated with it go, the new property management company didn't have any interest in dealing with special events, they spent a pretty penny remodeling that floor also....

[sgrizzle]

Need confirmation on this rumor...

I was told everyone is being evicted by Kanbar and 1st Place Tower will be abandoned once Kanbar leaves. 

Kanbar is leaving?

[rdj]

Kanbar's property management firm has maintained its office in First Place Tower.

[cannon_fodder]

I called Kanbar leasing and was told they are leasing space still.    So conflicting information...

I'm calling it "just a rumor" at this point.  Changed the info line. Heard the rumor from what is usually a reliable source, but they are either wrong or ahead of the curve.  Seems like wrong to me.

[Townsend]

Kanbar is leaving?

Maybe he's going to see how many of his buildings can be "Tulsa Club'd".

[sgrizzle]

Maybe he's going to see how many of his buildings can be "Tulsa Club'd".

Set on fire?

[Townsend]

Set on fire?

You know Sager's thought it.

[cannon_fodder]

For the record, I didn't start the fire.  No, I didn't light it.  But I tried to fight it.  With words of derision towards the owner, mostly.

Nothing to see here folks, move along now.   

[sgrizzle]

For the record, I didn't start the fire.  No, I didn't light it.  But I tried to fight it.  With words of derision towards the owner, mostly.

Space Monkey, Mafia

[zstyles]

First place tower is one of their really nice buildings with lots of great large tenants, I can't see this even being a possibility...

[Oil Capital]

First place tower is one of their really nice buildings with lots of great large tenants, I can't see this even being a possibility...

Ditto.

On the other hand, from the August 29, 2012 Journal Record:  "Chase Bank will leave First Place Tower by the end of the year.  That threatens to leave Kanbar Properties' 40-story Tulsa flagship less than 25-percent occupied within a year. The largest First Place tenant, Cimarex Energy, is slated to move out in early 2013"

Still, evicting the remaining tenants and mothballing the building seems unlikely.

[cannon_fodder]

It happens infrequently.  If it costs more to run the building than you get and it looks to stay that way...

It happened to a huge tower in Dallas a couple years ago.

[davideinstein]

Absolutely pitiful. It would be nice for other businesses that want to come downtown, if the landlords were welcoming to having tenants occupy their building. We need growth and stability downtown, not ownership for the sake of ownership.