|
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.