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Texas  + Industrial  |  January 27, 2021
Paul Bubny
By: Paul Bubny

Pennybacker, M2G Plan ”Prototype of Innovation” in DFW

Pennybacker Capital LLC and M2G Ventures have partnered on a 250,000 square-foot urban industrial project at 3200 Irving Blvd. in the West Brookhollow submarket in Dallas. The two Texas-based firms have named the project PROTO Park.
 
PROTO Park, which will redevelop a 1960s Chicago-style brick warehouse, reportedly will be the first industrial project of its kind in West Brookhollow. With completion expected by late fall 2021, the project aims to attract the most discerning, innovative light industrial and logistics users.
 
“We are excited to partner with M2G to build a creative, new standard for urban-industrial space in the coveted Dallas-Fort Worth market,” said Thomas Beier, partner and portfolio manager, value funds at Pennybacker. “We named the project PROTO Park because we want it to be a prototype of innovation, where tenants will not have to sacrifice form, function or design to meet their needs.”

For comments, questions or concerns, please contact Paul Bubny
 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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