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Electric Vehicle Manufacturer Buys Oklahoma City Facility

Terex Corp. Sells Industrial Building for Nearly $34.3 Million
The manufacturing building was constructed in 1972 on 124 acres in the Canadian County industrial market. (Courtesy of KW Commercial)
The manufacturing building was constructed in 1972 on 124 acres in the Canadian County industrial market. (Courtesy of KW Commercial)
By Jay St. John
CoStar Research
April 19, 2023 | 8:19 P.M.

Canoo, an American automotive startup based in Torrance, California, that develops and manufactures electric vehicles, acquired a sprawling industrial building near Interstate 40 in Oklahoma City for almost $34.28 million, or about $54 per square foot, from Terex Corp.

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