Dallas Firm Makes Foray Into Oklahoma City With Groundbreaking of Three-Building Industrial Park
admin / October 2021
Blue Ridge Investments’ SE Commerce Park to Total More Than 400,000 Square Feet
A private investment firm out of Dallas has broken ground on a three-building industrial park in Oklahoma City that represents its first project in the market.
Blue Road Investments got underway on SE Commerce Park, a development designed to total about 403,000 square feet at the corner of Pole Road and SE 89th Street. Plans for the park include a 180,000-square-foot cross-dock facility and two rear-load warehouses totaling 145,000 square feet and 77,000 square feet.
Blue Road cited the proposed park’s location near the Interstate 35-Interstate 240 intersection as a major driver for the development, with the location providing prospective tenants the ability to quickly serve customers throughout the region, Joe Zingaro, Blue Road’s co-founder and managing partner, said in a release.
The site is also within a 10-minute drive to downtown, Will Rogers Airport and Tinker Air Force Base, and just south of the old Crossroads Mall that sold in May for $6.5 million. The new owner of Crossroads mall plans to repurpose the 870,000-square-foot mall over the next year, with plans to be revealed at a later date.
The SE Commerce Park will offer space from 25,000 square feet to 180,000 square feet, Blue Road Investments said, with features to include 32-foot clear heights, ESFR sprinkler systems and 135-foot truck courts with ample trailer parking.
Blue Road expects to complete SE Commerce Park in the second quarter of 2022.
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