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1110 Inwood Road

M2G Ventures Acquires Inwood Design Center In Dallas From Hines For Mixed-use Development
SOLDMixed-use

M2G Ventures Acquires Inwood Design Center In Dallas From Hines For Mixed-use Development

1110 Inwood Road

Building Size

740,000 SF

Asset Type

Mixed-use

Closing

Feb 28, 2025

AI

The Inwood Design Center is a mixed-use property located at 1110 Inwood Road in Dallas, featuring a total square footage of 740,000. This asset consists of 14 buildings and is currently 93% leased to tenants including Crate & Barrel and White Glove Storage. The property was previously owned by Hines, which acquired it in 2019 with intentions for renovations. M2G Ventures is the new owner and plans to enhance the park through improvements to branding, art, signage, and infrastructure.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not disclosed
  • Address: 1110 Inwood Road
  • Market: Dallas
  • Buyer: Susan Miller Gruppi - M2G Ventures
  • Seller: Laura Hines-Pierce - Hines

Susan Miller Gruppi represented M2G Ventures in this transaction, while Laura Hines-Pierce represented Hines. The transfer of ownership marks a strategic shift as M2G Ventures aims to implement enhancements to the property that may bolster its appeal and functionality.

Players

Susan Miller Gruppi

M2G Ventures

Buyer

4 deals

Buyer
Laura Hines-Pierce

Laura Hines-Pierce

Hines

Seller

$3.8B

vol

36 deals

Seller

Dallas Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93