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CapRock Partners has acquired a 32.5-acre site in Sunnyvale, Texas, part of the East Dallas industrial real estate submarket, for the future development of a new class A industrial park.

CapRock acquired the 32.5-acre site in an off-market transaction. Terms of the deal are not disclosed.

Marking CapRock’s first Texas development, plans call for three freestanding warehouse buildings totaling approximately 518,000 square feet, which will be named Clay Road Business Park.