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M2G’s Laser-Focused Acquisition Strategy Continues Across DFW
North Texas-based M2G Ventures recently acquired 3500 Avenue E, a 141,658-square-foot urban industrial project, and 3101 Pinewood, a 100,100-square-foot urban industrial redevelopment, at 3500 Ave. E. and 3101 Pinewood Dr., respectively. The assets located within the Great Southwest industrial submarket are the newest additions to the company’s urban industrial portfolio.
The redevelopments are expected to deliver soon, with Pinewood wrapping up by late September 2021 and Avenue E beginning construction in November 2021. The Great Southwest submarket is one of the tightest in DFW due to the low vacancy rate and super-regional location.
“As one of the most active buyers in the DFW market, we are looking forward to creating places users want to be as our laser-focused acquisition strategy continues across the metroplex including the Great Southwest,” says Susan Gruppi, co-president of M2G Ventures.
The company is investing in strategic renovations for Avenue E. The 8.59-acre property also includes the option of having up to 2 acres of fenced yard space – one of the most unique opportunities in any DFW urban submarket. Well underway, Pinewood renovations include a new storefront, roof, landscaping and increased frontload configuration depth.
Cameron Deptula and David Guinn of Davidson Bogel Real Estate represented M2G Ventures in the acquisition of Avenue E. Stephen Williamson and Adam Graham of Lee & Associates represented M2G Ventures in the acquisition of Pinewood.
- ◦Sale/Acquisition