Mixed Use Project Planned for South Yale

89th & Yale Properties LLC has purchased 1.57 acres of land north of 91st Street on Yale Avenue for $1.25 million.
The property, which was sold by L&C Industries LLC, will added to five acres already owned by 89th and Yale Properties to be developed as a office and retail project.
The 6.5 acre development, which will include about 36,000 SF of retail space fronting Yale Avenue, will contain 28,800 SF of office space and a 20,000 SF private office. 89th and Yale Properties, comprised of Dale Penn, Bryan Hendershot, Curtis Brumble, Kyle Brumble and Clint Brumble, plan to lease to retail space while offering the office space for sale.
The office space will be divided among four, free-standing 7,200-SF buildings and a private 20,000-SF building which will be used by the developers. The center is being built by Dale Penn Development and Brumble and Associates.
Steve Baker, CCIM of CB Richard Ellis/Oklahoma handled the land transaction.

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