M2G Ventures Acquires Tuesday Morning Industrial Portfolio In Dallas With Lease Agreements

The property involved in the transaction is an industrial asset located at 14303 Inwood Rd, Farmers Branch, TX. It is part of a Dallas-area portfolio of industrial distribution centers and corporate headquarters acquired by M2G Ventures and Pennybacker Capital LLC in a sale-leaseback deal. The portfolio consists of industrial facilities totaling approximately 1.1 million square feet on nearly 47 acres of land in Addison and Farmers Branch, along with Tuesday Morning's corporate headquarters at 6250 Lyndon B. Johnson Freeway in Dallas.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 14303 Inwood Rd, Farmers Branch, TX
• Market: Dallas
• Tenant: Tuesday Morning
• Landlord: M2G Ventures
• Square Feet: 1

Lee & Associates' Stephen Williamson and Adam Graham served as representatives for the partners in the deal with Tuesday Morning. The acquisition of the Dallas-area portfolio presents opportunities for future developments and explorations, given the size and potential options within the asset. M2G Ventures and Pennybacker Capital LLC are expected to unveil future plans for the portfolio post-acquisition.