Port Authority Completes Land Purchase

The City of Tulsa-Rogers County Port Authority has completed the $2.5 million acquisition of 515 acres of land located between Bird Creek and Highway 167, adjacent to the south perimeter of the port.
The purchase, originally reported to be 525 acres, was revised down after the completion of extensive survey work by Sisemore, Weisz, and Associates.
The property was sold by Philadelphia-based developer Philip Seltzer, principal of Tulsa Industrial Development LP and was partially developed in the early 1970s to provide waterfront terminal sites as part of a development then known as Tulsa Transport Terminal.
The port plans to develop and incorporate the property into its 2000-acre industrial park and water port. The land could potentially include an intermodal transportation center and additional industrial sites, according to Bob Portiss, Port Director.
The port’s industrial complex offers industrial sites for lease, and its Riverview Business Park offers property for sale. Together they are home to about 62 companies, employing 3,700 people.
John D. Williams Sr. of Claremore’s John Williams Company represented the Port Authority in the transaction. Ed Truitt, MAI, served as a sales consultant to both Williams and the Port Authority.

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