News
29-Acre Site is Primed for Renovation or Redevelopment
Plano, Texas (Sept. 9, 2024) – Foundry Commercial and Holt Lunsford Commercial, as exclusive agents for the owner, are pleased to announce the availability for sale of The Dallas Morning News’ iconic facility located at 3900 W. Plano Parkway in Plano, Texas. Since 1983, this premier property has been the cornerstone of printing operations for North Texas’ most respected daily newspaper, The News, and it is now on the market for the first time in over 40 years.
This versatile, nearly 29-acre property is a core infill asset strategically situated in the heart of the thriving Plano and Richardson trade areas, boasting superior infrastructure, major boulevard frontage, and a central geographic location within a pro-business city environment. The facility’s flexible zoning makes it ideal for a wide range of future uses, from light industrial and manufacturing to office, medical, and retail developments.
“This is a true core infill property in a centralized northern Dallas market,” said Marty Neilon, Senior Vice President at Foundry Commercial. “The features and versatility of the site are special, as is the history.”
The property is positioned within the dynamic Plano submarket, home to over 70 of the Forbes 2000 Companies. “This property provides an exceptional opportunity for investors looking to capitalize on one of the most successful and prosperous areas in DFW” added Josh Barnes, Senior Vice President of Holt Lunsford Commercial.
This rare opportunity allows new ownership to either renovate or redevelop a site with outstanding surrounding infrastructure. With two full median breaks on Plano Parkway, an on-site major power line with substations nearby, a rail spur and a looped water system, the property is primed for continued first-class performance.
The Dallas Morning News facility will be vacated in the first quarter of 2025, presenting a unique opportunity for visionary buyers to shape the future of this historic site. For sales inquiries, contact Foundry Commercial or Holt Lunsford Commercial.
Foundry Commercial
Marty Neilon – marty.neilon@foundrycommercial.com
Holt Lunsford Commercial
Josh Barnes – jbarnes@holtlunsford.com
Blake Troiani – btroiani@holtlunsford.com
Mitch Cantwell – mcantwell@holtlunsford.com