A joint venture between two New York heavyweights has sold a 302,000-square-foot building in McKinney for just over $34.7 million. The sum is almost equivalent to what the partners paid for the property and its smaller sibling in August 2021.
Morgan Stanley, Thor Equities Flip Nearly New Industrial Building
Joint Venture Held Property in Northeast Suburbs of Dallas for About One Year
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IN THIS ARTICLE
- Companies
- Thor Equities
Real Estate
- Morgan Stanley & Co. LLC
Finance and Insurance
- A.C. Industrial Properties LLC
Real Estate
- Core5 Industrial Partners
Construction
- JLL
Real Estate
- Contacts
- Stephen Bailey
Vice Chairman, Newmark
- Pauli Kerr
Director, Capital Markets, JLL
- Dustin Volz
Managing Director, Capital Markets, Newmark
- Dom Espinosa
Senior Managing Director, Newmark
- Zach Riebe
Managing Director, Newmark