Greystar Real Estate Partners, LLC recently broke ground on the McKinney Airport Trade Center in McKinney. Located at FM 546/Harry McKillop Boulevard, the industrial campus is Greystar’s first industrial center in the Dallas-Fort Worth metroplex. NAI Robert Lynn Executive Vice President Randy Wood represented Greystar on the purchase of the land, along with Bill and David Cox from Carey Cox Co.
Greystar has acquired 70 acres, with room to build up to five buildings within two phases that will total over 740,000 square feet upon completion. Phase one will consist of three buildings spanning 320,000 square feet. Phase two includes two buildings encompassing 434,000 square feet. NAI Robert Lynn was also awarded the management and leasing for the trade center and will partner with Carey Cox on the leasing assignment.
The average tenant size is expected to cater to small-to-medium user markets in the service industries. The property is unique with access to highways 5, 75, 121 and 380, with proximity to major shopping centers and service industries, offering a rare opportunity for companies looking for industrial space in McKinney.
Construction has started on the trade center, and phase one is expected to complete at the end of 2022.