M2G Ventures Expands in Austin With Acquisition of 50,000 SF Mixed-Use Property

By Fort Worth Inc Staff, Fort Worth Inc, January 8, 2025

M2G Ventures has acquired a 50,000-square-foot, mixed-use property in south Austin, marking the company’s second acquisition in Texas’ capital city.

The property, 211 E. Alpine Rd., is undergoing redevelopment beginning with a full rebranding to ALCO, representing the street names at the intersection of Alpine and Congress.  

The acquisition was made in partnership with Austin-based Evergen Equity, according to a press release.

ALCO, the Fort Worth real estate investment and development company said, will be transformed into a hub of creativity and innovation, “forging a dynamic commercial space fostering artistic expression and collaboration.”

In addition to the rebrand, redevelopment also includes 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.

“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. Our plans include significant capital investment to attract Austin’s diverse tenant base.” – Brett Zimmerman, Principal, Austin

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.

ALCO’s building characteristics for industrial users include clear heights up to 20 feet, ample parking, and front-load configuration. 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, according to a press release.

M2G Ventures’ first acquisition in Austin was a 54,000-square-foot light industrial asset at 4806 Commercial Park Dr. in northeast Austin.