M2G Ventures Acquires South Austin Mixed-Use Property

Press Release, Fort Worth Business Press, January 9, 2025

 M2G Ventures, a Fort Worth-based real estate investment and development company, in partnership with Austin-based Evergen Equity, recently acquired 211 E. Alpine Rd. and rebranded the project to ALCO, a 50,000-square-foot mixed-use property in south Austin, marking the company’s second acquisition in Texas’ capital city.

ALCO will be transformed into a hub of creativity and innovation, forging a dynamic commercial space fostering artistic expression and collaboration. Redevelopment is underway, starting with the full rebranding, enhanced landscaping and hardscape, improved parking, along with interior and exterior paint. Other project renovations include upgraded common areas and restrooms, enhanced interior and exterior lighting, storefront upgrades, and public art installations.

The rebrand to ALCO represents a combination of the street names at the intersection of Alpine and Congress, underscoring its strategic geographical advantage of the site which positions businesses for optimal accessibility and connectivity. With easy access to both I-35 and U.S. Highway 290, this infill location provides excellent connectivity to the densely populated interior Austin neighborhoods and to Austin-Bergstrom International Airport via State Highway 71.

“ALCO is strategically located in a dynamic, core location surrounded by new multifamily and commercial development near Austin’s iconic South Congress district and Travis Heights neighborhood,” said Brett Zimmerman, Principal, Austin for M2G Ventures. “Our plans include significant capital investment to attract Austin’s diverse tenant base.”

ALCO features attractive building characteristics for discerning industrial users including clear heights up to 20’, ample parking, and front-load configuration. With M2G’s strategic renovations and branding efforts, ALCO will also offer a unique environment for showrooms, tech, studios, creative offices, breweries, distilleries, and roasteries in Austin’s highly sought-after 78704 zip code.

The property currently has vacancies available up to 32,000 square feet. Andrew Creixell and Joel Hargett with CSA Realty Group are currently leasing ALCO.

M2G extended its strategic value-add approach to the Central Texas market with the addition of Zimmerman to the team in 2023 as well as the acquisition of a 54,000-square-foot light industrial asset at 4806 Commercial Park Dr. in Northeast.