Asana Partners acquired The Foundry District, a mixed-use development in Fort Worth’s Cultural District, from M2G Ventures.

Named the Foundry for its industrial roots, this six-acre district features 98,000 square feet of redeveloped mid-century warehouses and is anchored by Inspiration Alley, Texas’ largest outdoor art gallery. Between 2015 and 2019 M2G Ventures redeveloped the space into showrooms, creative offices, curated amenities and food and beverage spaces over the five-year timespan. 

“This project has a reputation for bringing the best that Fort Worth has to offer into one central location, including art, amenities and a compelling mix of local tenants,” said Asana’s Brad Kantrowitz.

The Foundry District is the latest North Texas acquisition for Asana Partners. The company also owns 43 buildings in Deep Ellum, over 400,000 square feet of commercial space in Victory Park and The Hill shopping center in Dallas. 

The Foundry District is 95% leased.