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Investor M2G Ventures grabs eight more Dallas warehouse buildings

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Investor M2G Ventures grabs eight more Dallas warehouse buildings


Fort Value-based actual property investor M2G Ventures has added to its rising North Texas holdings with the acquisition of two Dallas industrial properties.

Eight buildings are included within the agency’s newest acquisition within the Brookhollow Industrial District northwest of downtown Dallas.

The acquisition close to Stemmons Freeway complete greater than 200,000 sq. toes and are simply the newest constructing buys by M2G in that space.

The acquisitions embody the 6-building Commonwealth Enterprise Park on Woodall Avenue, which is situated between the Dallas Design District and the medical district. M2G additionally purchased two extra workplace and warehouse buildings throughout the road.

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The brand new house owners plan to renovate the properties to convey new companies to the realm.

“The premier asset within the acquisitions is the 113,000 square-foot Commonwealth Enterprise Park which we’ll redevelop with a full rebrand, complete venture renovations, storefront upgrades, environmental graphics and enhanced landscaping,” Jessica Miller Essl, co-founder of M2G Ventures, stated in a press release.

The properties M2G bought are in the identical space as the brand new $350 million Pegasus Park medical and life science campus on Stemmons Freeway.

M2G Ventures final yr purchased a 250,000-square-foot workplace and industrial property at 3200 Irving Blvd., which it renovated into a brand new enterprise heart, referred to as Proto Park. Redevelopment of the Nineteen Sixties era industrial advanced was completed in partnership with Austin-based Pennybacker Capital.

Essl stated the investor is in search of further warehouse properties within the Dallas space that may be repurposed. Warehouse and distribution buildings are at the moment the most well liked properties in North Texas, with thousands and thousands of sq. toes of development underway.

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“There may be quite a lot of capital chasing industrial,” Essl stated.We’re actually what we are able to present a novel aggressive benefit to.

“We’ve all the time been drawn to redevelopment,” she stated. “We love outdated buildings and interested by what a person needs and turning it into new life.”

M2G is aiming at greater than $1 billion in further property funding in North Texas, the corporate not too long ago introduced.

Within the final two years, the property agency acquired and redeveloped greater than 2.6 million sq. toes of actual property valued at greater than $230 million.

The true property agency is finest identified for its redevelopment of the Mule Alley mixed-use venture at Fort Value’s historic stockyards.

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“For 2022 we’ve obtained our fingers full,Essl stated. “D-FW has been such an ideal place and the basics are so nice right here.”



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Dallas, TX

Dallas visits Sacramento following Irving’s 46-point game

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Dallas visits Sacramento following Irving’s 46-point game


Associated Press

Dallas Mavericks (20-12, fourth in the Western Conference) vs. Sacramento Kings (13-18, 12th in the Western Conference)

Sacramento, California; Monday, 10 p.m. EST

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BOTTOM LINE: Dallas visits the Sacramento Kings after Kyrie Irving scored 46 points in the Mavericks’ 126-122 loss to the Portland Trail Blazers.

The Kings are 10-14 against Western Conference opponents. Sacramento is ninth in the NBA averaging 115.0 points and is shooting 47.7% from the field.

The Mavericks are 14-10 in conference play. Dallas ranks fifth in the Western Conference with 16.3 fast break points per game led by Luka Doncic averaging 4.2.

The Kings make 47.7% of their shots from the field this season, which is 2.4 percentage points higher than the Mavericks have allowed to their opponents (45.3%). The Mavericks average 13.5 made 3-pointers per game this season, 1.1 fewer made shots on average than the 14.6 per game the Kings give up.

TOP PERFORMERS: De’Aaron Fox is averaging 26.2 points, 6.1 assists and 1.6 steals for the Kings.

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Daniel Gafford is scoring 12.2 points per game and averaging 6.2 rebounds for the Mavericks.

LAST 10 GAMES: Kings: 3-6, averaging 116.0 points, 44.4 rebounds, 27.4 assists, 8.0 steals and 4.3 blocks per game while shooting 46.6% from the field. Their opponents have averaged 114.8 points per game.

Mavericks: 6-4, averaging 116.8 points, 44.9 rebounds, 24.1 assists, 8.5 steals and 6.4 blocks per game while shooting 48.1% from the field. Their opponents have averaged 111.3 points.

INJURIES: Kings: Devin Carter: out (shoulder).

Mavericks: Dante Exum: out (wrist), Luka Doncic: out (calf), Dereck Lively II: day to day (hip).

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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.




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Dallas, TX

Dallas Mavericks star Luka Doncic is latest pro athlete whose home was burglarized

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Dallas Mavericks star Luka Doncic is latest pro athlete whose home was burglarized


DALLAS — Luka Doncic of the Dallas Mavericks is the latest professional athlete whose home has been burglarized.

The star guard’s business manager told multiple media outlets Saturday there was a break-in at Doncic’s home. Lara Beth Seager said nobody was home at the time of the incident Friday night, and Doncic filed a police report.

Jewelry valued at about $30,000 was stolen, the Dallas Morning News reported, according to an internal police report it obtained.

Doncic, 25, who is from Slovenia, is the sixth known pro athlete in the U.S. whose home was burglarized since October. Star NFL quarterbacks Patrick Mahomes of Kansas City and Joe Burrow of Cincinnati are among them, along with Mahomes’ tight end, Travis Kelce.

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The others were Milwaukee Bucks forward Bobby Portis and Minnesota Timberwolves guard Mike Conley Jr.

The NFL and NBA issued security alerts to their players after the break-ins, some of which have come when players were away with their teams for road games. The NFL’s alert says homes of professional athletes across multiple sports have become “increasingly targeted for burglaries by organized and skilled groups.”

Burrow lamented a loss of privacy over having to acknowledge that he was the victim of a break-in.

The incident at Doncic’s home came two days after the five-time All-NBA player strained his left calf in a Christmas Day loss to the Timberwolves. The injury is expected to sideline Doncic for about a month.



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Dallas, TX

Cowboys’ Darren Woodson named finalist for Pro Football Hall of Fame’s 2025 class

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Cowboys’ Darren Woodson named finalist for Pro Football Hall of Fame’s 2025 class


Former Cowboys safety Darren Woodson is one of 15 modern-era finalists for the Pro Football Hall of Fame, it was announced Saturday morning.

Woodson, the Cowboys’ all-time leading tackler and one of the first players at his position to cover wide receivers, is a finalist for the third time.

This is Woodson’s 17th year being eligible for the Hall of Fame. Players have 20 years of eligibility before moving to the senior category.

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Woodson joins nine finalists from last year and five first-year eligible players, which includes former New York Giants quarterback Eli Manning, a two-time Super Bowl champion.

The Pro Football Hall of Fame will announce the Class of 2025 on Feb. 6.

The selection committee may elect up to five players and each must receive 80% of the vote.

The seniors category finalists consist of Maxie Baughan, Sterling Sharpe and Jim Tyrer; along with coach finalist Mike Holmgren and contributor finalist Ralph Hay.

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The voting for these five is done separately and a maximum of three must be picked from this group.

The Hall of Fame may induct anywhere from four to eight members.

Among the notable modern-era finalists are first-timers in a pair of Carolina Panthers in linebacker Luke Kuechly and wide receiver Steve Smith Sr. Baltimore linebacker Terrell Suggs, New England kicker Adam Vinatieri, San Diego tight end Antonio Gates and St. Louis Rams receiver Torry Holt are also finalists. This is Suggs’ first time as a finalist.

Find more Cowboys coverage from The Dallas Morning News here.



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