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California investor picks up McKinney logistics building

​​​​McKINNEY – Building B at Logistics Center, a 301,796-sf rear-load building at 350 Cypress Hill Dr., has been sold.

Built in 2021 on 17 acres, the property has 32-ft clear heights, 130-ft truck court depths, 52 overhead doors, two drive-in doors, and 190 parking spaces.

JLL represented the seller, a joint venture between Thor Equities and Morgan Stanley. California-based AC Industrial Properties LLC acquired the asset.

Texas logoThe Texas Real Estate Research Center has more on DFW’s industrial market:

​Source: REBusiness Online


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