News: Brokerage

Outside the Region: Dalfen breaks ground on McKinney Fulfillment Center development

McKinney, TX Dalfen America Corp. has kicked off construction on the McKinney Fulfillment Center, located near the crossroads of US-75 and US-380 at 1581 Corporate Dr.

Slated for delivery this November, the new, class A, speculative industrial building will offer an additional 115,176 s/f to the two buildings Dalfen owns and manages in the business park. The rear-load facility with 32-foot clear height, designed by Macgregor Associates Architects, will include up to 155 car parking spaces, 26 dock doors and two drive-in doors, and is expected to attract consumer goods distributors, e-commerce companies and light manufacturers. 

The development site is located across the street from a Walmart Super Center and near numerous restaurants and amenities.

With this addition, Dalfen will own a total of 316,000 sf of industrial space in the McKinney market, across three buildings.  “We are very pleased with the success of our McKinney properties and are confident that tenants will continue to be attracted to the superior location and proximity to major highways” said Sean Dalfen, President of Dalfen America Corp. Adding “our new project is in a premier location for companies seeking distribution and e-commerce fulfilment centers in McKinney - one of America’s fastest growing cities.” Tenants in Dalfen’s existing buildings include Popular Ink, PODS, The Dallas Morning News, Collin County Texas, and Bimbo Bakeries.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced