Newspaper article THE JOURNAL RECORD

Offices Planned for Last Remaining Commercial Tract at Gaillardia in OKC

Newspaper article THE JOURNAL RECORD

Offices Planned for Last Remaining Commercial Tract at Gaillardia in OKC

Article excerpt

The last available large commercial land tract at Gaillardia is set for development within the next year, and plans call for both office and retail space.

Gaillardia Towne Center will sit on about 16 acres facing Memorial Road and will include two Class A office buildings, each with about 50,000 square feet. A third building will house about 130,000 square feet of retail space.

The 16-acre tract is the last of 62 acres originally available for commercial development at Gaillardia. A few remaining parcels are for small-office users.

Cordell Brown, with Price Edwards & Co., represented the buyer for the land and will oversee pre-leasing.

The developer of the project is Jim Williams as Mass Development LLC.

Brown said one unique aspect of the project is that the developer is offering the first tenants who plan to occupy 10,000 square feet or more of space an opportunity to own an interest in the building. He said this is the first such arrangement he is aware of at Gaillardia. …

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