Urban Industrial – Dallas, Texas
Tuesday Morning Industrial Assemblage
46.7
Acre Assemblage
1.2 Million
Square Feet
2020
Year Acquired
TUESDAY MORNING ASSEMBLAGE INCLUDES 1.2M SQUARE FEET OF PRIME REAL ESTATE
In partnership with real estate private equity firm Pennybacker Capital LLC, the M2G and Pennybacker partnership have acquired retailer Tuesday Morning’s 1.2M SF industrial distribution facility in Farmers Branch. The industrial and retail assets are at 14303, 14621, 14601, 14639 Inwood Road and 4404 South Beltwood Parkway in Farmers Branch.
The 46.7-acre assemblage is ideally located along Inwood Road within the 95% occupied Metropolitan Addison submarket. The site is located less than 20 minutes from both Downtown Dallas and DFW International Airport, providing access to over 3.5 million people within a 30-minute drive-time. The buildings have clear heights in excess of 26 feet across the portfolio and are in immediate proximity to affluent growing areas including Addison, Richardson, Northwood Hills, Farmers Branch, and Carrollton along with the Galleria shopping district.
TUESDAY MORNING NEWS
January 19, 2021
M2G and Pennybacker Purchase Tuesday Morning’s 1.2M Square-foot Industrial Portfolio In One of the Top Markets in the Country
M2G VenturesJanuary 19, 2021