JLL Capital Markets closes sale of 431,628-SF Logistics Center at McKinney, TX for Core5 Industrial Partners

 Pauli Kerr

DALLAS, TX,  Sept. 27, 2021 – JLL Capital Markets announced today it has closed the sale of Logistics Center at McKinney, a 431,628-square-foot logistics center in McKinney, Texas.

Dustin Volz

JLL worked on behalf of the seller, Core5 Industrial Partners, to complete the sale to the buyer, Thor Equities.

 Logistic Center at McKinney comprises two buildings totaling 431,710 square feet. Building A totals 129,914 square feet and Building B totals 301,796 square feet.

 

Both buildings could accommodate a single tenant use or demising into multi-tenant suites. The property features desirable Class A amenities and building designs.

Stephen Bailey

Building A features one bay at 40 feet, four bays at 50 feet and 10 bays at 54 feet. Building B offers five bays at 50 feet, one bay at 60 feet and 18 bays at 54 feet. 

Both buildings offer rear loading, ESFR sprinklers and a 130 foot concrete truck apron.

 

Situated at 3827 North McDonald St., Logistics Center at McKinney offers direct access to State Route-75, allowing connectivity to the greater Dallas Fort Worth area.

 

The JLL Industrial Capital Markets team representing the seller was led by Senior Managing Director Dustin Volz, Managing Director Stephen Bailey, Director Dom Espinosa and Analysts Zach Riebe and Pauli Kerr.

Dom Espinosa

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

 

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

For more news, videos and research resources on JLL, please visit our newsroom.

 

Zach Riebe

About Core5 Industrial Partners

Core5 Industrial Partners is an industrial real estate property company with expertise in development of Class-A properties featuring the latest innovations throughout the United States. 

Headquartered in Atlanta, Georgia, Core5 has development activity in Atlanta, Chicago, Cincinnati/Northern Kentucky, Columbus, Dallas, Houston, Indianapolis, Los Angeles/Inland Empire, Louisville, Memphis, Nashville, Pennsylvania and South New Jersey with expansion plans to additional key logistic hubs in the US. 

  CONTACT:

Cierra Lacasse

PR, Capital Markets

JLL

T +1 602 648 8701

M +1 408 318 8021

JLL.com

 

www.thorequities.com.