Developers are betting on the McKinney National Airport to become a going concern. Ascent Investment Partners has acquired a prime 20-acre industrial development site near the airport. The site is adjacent to Ascent’s McKinney 546 investment and a half mile to the McKinney National Airport.
With several development projects on the horizon near McKinney National Airport, the site is ideally positioned for industrial development. The Property is three miles southeast of Hwy 5, with direct access to U.S. 75, U.S. 380, and SH 121. Industrial demand at the airport has been fueled by more than
$67 million in approved funding, including a $14.8 million TxDOT grant for the new commercial
terminal now under construction.
“This acquisition underscores our belief that the expansion of the McKinney National Airport is
increasing industrial land values in the immediate area and strengthens Ascent’s ability to
provide high-quality investments to our investors” said Tom Dosch, Co-Founder of Ascent
Investment Partners.
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