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M2G Ventures Spins Off Three-Building DFW Industrial Portfolio
M2G Ventures, a North Texas-based real estate investment and development company, sold a three-building, fully leased portfolio totaling more than 445,000 square feet in the Dallas-Fort Worth’s Great Southwest (GSW) submarket. The buyer was Mavik Capital Management.
The buyer acquired a 100% occupied portfolio with noteworthy tenants including CAE, Home Zone/Alpha Furniture and Rent-A-Wheel/Rent-A-Tire. The GSW portfolio totaled 445,497 square feet on 27.56 acres and included three buildings all over 100,000 square feet. Two were in Grand Prairie and one in Arlington.
The Arlington property sat vacant for 10 years until M2G bought it and redeveloped it in 2021.
“The GSW submarket cluster is an irreplaceable infill location with significant barriers to entry and immediate connectivity to DFW’s primary commercial and residential hubs,” said M2G’s Jessica Miller Essl.
Over the past two years, M2G Ventures acquired and redeveloped more than 2.68 million square feet representing more than $290 million in capitalized value.
- ◦Sale/Acquisition