Columbia, Md.-based micro-bay warehouse space provider WareSpace recently announced the opening of its new location in Plano, Texas.

Located at 700 E. Plano Parkway, the grand opening — an open house on Aug. 6 — is intended as a celebration of the small businesses that power the local economy: It’s designed to spotlight the entrepreneurs, tradespeople, and product makers who have already moved into the new location, as well as the vendors and partners who serve the Plano business community.

The property was recently converted from 174,500 square feet of retail space into a small business campus that was designed to accommodate more than 160 businesses. This marks WareSpace’s fourth location in the Dallas-Fort Worth metroplex.

Designed for businesses that have outgrown their starter spaces, but don’t need a traditional industrial lease, the facility provides entrepreneurs with professional workspace and shared amenities under one roof.

The new facility offers private Dallas warehouse space in suites ranging from 200 to 2,000 square feet with features and amenities including climate control, 24/7 secure access, loading docks, Wi-Fi, industrial racking, conference rooms, shared kitchens, lounge areas and short lease terms with all-inclusive pricing.

“We did not want this to be an event about WareSpace,” said Levi Cohen, CEO of WareSpace. “We wanted it to be about the businesses inside it. Most of our tenants outgrew a garage or self-storage unit and a full industrial lease was too much building, too much commitment and too much risk. Plano is already home to a remarkable community of small businesses. This grand opening is our chance to honor them and show them space that was designed for them.”

The opening event is slated to welcome elected officials, business leaders, community partners, brokers, entrepreneurs, and members of the media to highlight the company’s investment in the local market and the growing businesses that will call the facility home.

“The grand opening of WareSpace is an exciting opportunity for our business community,” said Plano Mayor, John B. Muns. “By giving small businesses a place to land, grow and thrive, this facility is helping turn entrepreneurial dreams into lasting economic opportunity. We’re proud to welcome this investment and the innovation it will inspire.”

Grand opening attendees can tour the building; meet the tenants that are operating out of WareSpace Plano; enjoy food and beverage from local Plano vendors; connect with vendors from other Dallas-Fort Worth WareSpace locations; and take home one of nearly a dozen products made by WareSpace tenants at locations around the country.