Matt Marchiori Of Eckard Enterprises Acquires Office Building In McKinney For $66M From Derrick Evers

The property involved in the transaction is an office building located at 7300 State Highway 121 in McKinney. The asset spans 190,000 square feet and was sold for $66 million, resulting in a price per square foot of $347. The building, completed in 2022, features modern amenities and is part of the District 121 mixed-use development.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $66,000,000
• Buyer: Matt Marchiori - Eckard Enterprises
• Seller: Derrick Evers - Kaizen Development Partners
• Market: McKinney
• Square Footage: 190,000
• Price per Square Foot: $347

Matt Marchiori, representing Eckard Enterprises, acquired the property with plans to relocate its headquarters, while Derrick Evers represented Kaizen Development Partners as the seller of the asset.