The 17-acre site will eventually see construction of a 128,000-sf store, which is scheduled to open in spring 2002, near an existing Wal-Mart SuperCenter. It will be Sam's Club's 12th Houston-area store and the first in Fort Bend County.

The Wolff Cos., a Houston land developer, has sold the tract to Wal-Mart. The parcel is part of 65 acres that Wolff had bought in 1998. The First Crossing Business Park had been developed on the acreage. The 17-acre sale leaves 18 acres of the original land purchase unsold. Wolff envisions office building and restaurants occupying the remaining space.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.