Jun 8, 2017
Land sales in Mansfield at Hwy. 287
MANSFIELD – Mansfield's continued growth has spurred the sale of nearly 41 acres of development land along US Hwy 287 to two unrelated buyers.They are planning to develop a business...
MANSFIELD – Mansfield’s continued growth has spurred the sale of nearly 41 acres of development land along US Hwy 287 to two unrelated buyers.
They are planning to develop a business park and self-storage complex on adjoining tracts in southern Tarrant County.
The sales closed simultaneously with a cross-access agreement as part of the terms between All Storage, which bought 5.3 acres, and a new partnership, 34.5 Acres Highway LLC, which purchased the neighboring 35.5 acres. The light-industrial development sites are located at the junction of Hwy. 287 and Commerce Dr. in south Mansfield.
All Storage is planning to develop two climate-controlled buildings, totaling 216,723 sf.
Plans call for subdividing the land into sites ranging from two to ten acres.
The land has 1,500 feet of unobstructed freeway visibility, in-place Triple Freeport tax exemptions and potential rail access along its northern boundary.
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