Developer breaks ground on McKinney Airport Trade Center

Greystar Real Estate Partners LLC recently acquired a 70-acre industrial distribution campus, its first industrial center in Dallas. (Rendering courtesy NAI Robert Lynn)
Greystar Real Estate Partners LLC recently acquired a 70-acre industrial distribution campus, its first industrial center in Dallas. (Rendering courtesy NAI Robert Lynn)

Greystar Real Estate Partners LLC recently acquired a 70-acre industrial distribution campus, its first industrial center in Dallas. (Rendering courtesy NAI Robert Lynn)

Greystar Real Estate Partners recently broke ground on the McKinney Airport Trade Center, located at FM 546 and Harry McKillop Boulevard in McKinney. The industrial campus is Greystar’s first industrial center in the Dallas-Fort Worth area, according to an April 25 news release.

Greystar acquired 70 acres with room to build up to five buildings with two phases that will total more than 750,000 square feet upon completion, the release stated. The first phase will consist of three buildings spanning 320,000 square feet. The second will include two buildings with a total of 434,000 square feet.


“This industrial space in McKinney is exactly what we were looking for as our next purchase—we see McKinney’s growing industrial sector as a key market for investment,” said Lance Hanna, managing director of development for Greystar, in the release. “We are excited to work with both companies in the purchase of the McKinney Airport Trade Center and are thrilled to have kicked off construction of Phase 1.”

The average tenant size is expected to cater to small-to-medium user markets in the service industries. Construction has begun on the trade center, and the first phase is expected to be completed at the end of 2022.

“The McKinney Airport Trade Center is an exciting project being realized near the McKinney National Airport, developing needed inventory in our fast-growing region,” McKinney Mayor George Fuller said in the release. “This project is very timely, and I’m certain it will find great success in our city.”
By Miranda Jaimes

Editor, Frisco & McKinney

Miranda joined Community Impact Newspaper as an editor in August 2017 with the Grapevine/Colleyville/Southlake edition. In 2019 she transitioned to editor for the McKinney edition. She began covering Frisco as well in 2020. Miranda covers local government, transportation, business and nonprofits in these communities. Prior to CI, Miranda served as managing editor for The Prosper Press, The Anna-Melissa Tribune and The Van Alstyne Leader, and before that reported and did design for The Herald Democrat, a daily newspaper in Grayson County. She graduated with a degree in journalism from Oklahoma Christian University in 2014.