Fort Worth Firm Buys 38-Acre Property Near Dallas Design District

By Seth Bodine, Dallas Business Journal, February 28, 2025

A Fort Worth-based real estate investment and development company has purchased a mixed-use property near Dallas’ Design District, as the firm continues a buying spree.

M2G Ventures announced Feb. 27 that it acquired the 740,000-square-foot Inwood Design Center, which includes 14 buildings across 38 acres at 1110 Inwood Road. According to the Dallas Appraisal District, the prior owner was Hines Interest LP, a Houston-based real estate heavyweight.

The design center is made up of a mix of light industrial, showroom and retail park and is just south of I-35. The property is also west of the West Brookhollow submarket, which the company calls one of the metro area’s most established industrial pockets, with 43 million square feet of inventory and a vacancy rate of about 7%.

“IDC provides M2G an opportunity to continue our thematic approach to acquiring infill industrial assets on an institutional scale. ”- Jessica Miller Essl, co-founder of M2G Ventures

Major tenants at the Inwood Design Center include Crate & Barrel, White Glove Storage and Delivery, Community Coffee, Neiman Marcus and Granimport USA. The center is 93% leased.

M2G plans to make improvements to the Inwood Design Center, placing emphasis on branding, art and signage. That includes upgraded building exteriors and storefronts, parking improvements, signage and enhanced lighting and public art.

“This acquisition aligns with our team’s strengths. Through strategic improvements, we look forward to reintroducing this asset to the market.” – Brett Zimmerman, principal of M2G Ventures

Jake Sherrington and Victoria Pappas at SHOP Companies will lease the retail/showroom portions of the property, and Canon Shoults and Maddy Coffman at Holt Lunsford will lease the industrial component.

M2G last year sold the 250,000-square-foot Proto Park in the West Brookhollow submarket to California-based Bendetti. M2G Ventures has also sold a nearly 10-acre north parcel near its 1.1 million-square-foot Inbound on Inwood the redeveloped former distribution center for Tuesday Morning.

The company has acquired several buildings in the past few months with its general partner equity fund called Grey Swan I. Those properties include a 50,000-square-foot mixed-use property in south Austin called ALCO, and a 215,000-square-foot industrial park building in Garland called Northgate.