Yorktown Crossing will boast anchored retail centers, strip retail, several small medical or professional buildings and 15 to 20 pad sites. Randall Tuller, vice president of Canyonlands tells GlobeSt.com the acreage at Texas 6 and West Little York is one of the last parcels of available land the highway stretch. "This area of Houston has seen tremendous growth," says Tuller. "Yorktown Crossing's location, frontage and internal traffic flow will make it well positioned to serve the existing and new consumer demand being generated by the growth."
Metro Study Corp. president Mike Inselmann says about 60,000 vehicles per day travel Texas 6. Tuller says Canyonlands' plan is to build the four-lane Yorktown Crossing Parkway that will connect Texas 6 and West Little York, which slated for expansion to four lanes in 2002.
All but one acre of the Yorktown Crossing tract was bought from Dallas-based American Realty Trust. The lone acre's seller was Exxon Mobil Corp. Dick Gould of McDade, Smith, Gould, Johnston & Co. represented American Realty Trust in the land sale, while Julie Lybrand represented Canyonlands.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.