Hasselbein Buys Cherokee Industrial Park Property

Hesselbein Tire Co. has purchased a 191,448 SF building at 4942 E. 66th Street North, near 66th Street North and Yale Avenue, from Laufen International Inc. The purchase price for the property was $3.5 million. The purchase included 60 total acres and a warehouse and will be used by Hasselbein as a distribution and storage center.
Brian Hunt, CCIM with CB Richard Ellis/Oklahoma handled sale negotiations
The facility, which was built in 1998, will replace the current Hasselbein warehouse at 31st Street and 129th East Avenue.
Hasselbein is based in Jackson, Miss., and owns three retail tire operations in Tulsa. The retail locations are at 1701 E. Sixth St., 12821 E. 31st St., and 9324 S. Memorial Drive. In addition to Tulsa, the company operates retail outlets in San Antonio and Jackson.
Laufen Ceramic Tile pulled out of Tulsa in the fall of 2005 and had held a presence in Green Country since 1985. When it closed, the company employed 66.



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