M2G Ventures Acquires Tuesday Morning's Dallas-area Portfolio In Sale-Leaseback Transaction

The 1.2 million-square-foot Dallas-area portfolio of industrial distribution centers and corporate headquarters of off-price home goods retailer Tuesday Morning has been acquired by M2G Ventures and Pennybacker Capital LLC in a sale-leaseback transaction. The properties are located at 14303, 14621, 14601, and 14639 Inwood Road in Addison, and 4404 S. Beltwood Parkway in Farmers Branch, totaling approximately 1.1 million square feet. Additionally, Tuesday Morning's corporate headquarters at 6250 Lyndon B. Johnson Freeway in Dallas, comprising 105,000 square feet, is included in the portfolio.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 14303 Inwood Rd, Farmers Branch, TX
• Market: Dallas
• Buyer's Rep: Stephen Williamson (Lee & Associates)
• Buyer: M2G Ventures
• Seller: Tuesday Morning
• Square Footage: 1

Lee & Associates’ Stephen Williamson and Adam Graham represented M2G Ventures and Pennybacker Capital LLC in the transaction with Tuesday Morning. The partners are exploring future opportunities for the portfolio, aiming to leverage the potential of the assets for various uses in the future.