Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Growing McKinney Airport Attracts Warehouse Investors
CapRock Partners Management is looking to break ground this spring on a $30 million speculative industrial park near McKinney National Airport. The company hopes to capitalize on recent activity at the DFW-area airport. It has inked a deal with one airline and is in talks with a handful more. The airport is in the midst of a major expansion, with construction advancing on a 46,000-square-foot commercial terminal that is expected to open this fall. By 2031, the expanded airport could serve up to 1 million passengers a year.
The warehouse project will include two industrial buildings totaling about 250,000 square feet on a 15-acre site.
Fort Worth-based Muckleroy & Falls is the general contractor. CapRock Partners purchased the property last summer.
McKinney Air Business Park is designed to accommodate a range of users, from tenants seeking as little as 20,000 square feet to a single occupant wanting nearly 140,000 square feet.
- ◦Development
