M2G Ventures Brings Flair for Industrial Makeovers to Dallas Design District

By Candace Carlisle, CoStar News, March 3, 2025

A Fort Worth, Texas-based real estate investment firm led by twin sisters set to shake up industrial real estate has purchased the Inwood Design Center, a 14-building, 740,000-square-foot industrial hub in Dallas.

M2G Ventures, led by Jessica Miller Essl and Susan Gruppi, bought the industrial showroom and retail park on a 38-acre tract near the Design District about a mile from Interstate 35.

The purchase of Inwood Design Center gives M2G Ventures “an opportunity to continue our thematic approach to acquiring infill industrial assets on an institutional scale,” said Essl, co-founder of the real estate investment firm, in a statement.

M2G Ventures plans to invest in a “complete repositioning” of the properties with an emphasis on branding, art and signage. Plans for the upgrades include new exteriors and storefronts, new signage and graphics and new lighting and public art.

As of closing, Inwood Design Center was 93% leased, with tenants such as Neiman Marcus, Crate & Barrel, Community Coffee and White Glove Storage and Delivery.

The Inwood Design Center purchase comes after M2G Ventures sold its Proto Park property nearby to California-based Bendetti last year. The firm also sold a part of its Inbound on Inwood property, formerly known as a distribution center for Tuesday Morning, the company said.

The property sits in West Brookhollow, an area known for its appeal to companies seeking to deliver last-mile goods to customers. Even though West Brookhollow is one of the largest industrial areas in North Texas, CoStar Director of Market Analytics Cody Gibbs said with most of the buildings constructed before the 1980s, they lack the specifications needed from distributors and suppliers seeking modern distribution facilities.

That could mean M2G Ventures’ upgrades to the properties could help in bringing more modern facilities to would-be tenants if they have any availability, Gibbs said in his latest market report.

“The submarket’s lack of new space limits its upside in attracting significant distributors, third-party logistics providers, and e-commerce firms,” Gibbs said.