CBRE Investment Management Acquires McKinney National Business Park From Transwestern Development Company

The property asset involved in this transaction is a 480,614 square foot industrial park located at 1001 Harry McKillop Boulevard in McKinney, part of the Dallas-Fort Worth market. The industrial park, known as McKinney National Business Park - Buildings I-III, is fully leased to multiple tenants and was delivered in 2023.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Buyer: Topper Sheehy and Jack Copher - CBRE Investment Management
• Seller: Denton Walker and Wilson White - Transwestern Development Company
• Brokers: Dustin Volz, Stephen Bailey, Dom Espinosa, Zach Riebe, and Greer Shetler - Newmark

This transaction highlights the involvement of Newmark Industrial Capital Markets in brokering the deal. CBRE Investment Management acquired the three buildings, continuing to shape their portfolio within the industrial sector.