Dallas-based Ascent Investment Partners has acquired a 20-acre industrial parcel in southeast McKinney, according to a September news release.

The gist

The property is adjacent to another parcel previously purchased by Ascent and is located about a half mile away from McKinney National Airport. The site is “ideally positioned” for industrial development with direct access to US 75, US 380 and SH 121, the news release states.

Investment Associate Ryder Byrne said the company does not have immediate plans for development on the property.

“We are positioning the site for future industrial development, which we believe is well-supported by the ongoing expansion of McKinney National Airport and the city’s long-term vision for the area,” he said in an email.

Zooming out

Nearby, const

See Full Page