A Fort Worth-based mostly developer has landed two key tenants for a repurposed industrial advanced northwest of downtown Dallas.
M2G Ventures purchased the 250,000-square-foot office and industrial house at 3200 Irving Blvd. final calendar year and renovated it into a small business center termed Proto Park.
Get the job done on the 1960s industrial advanced was completed in partnership with Austin-primarily based Pennybacker Money.
Now the developer has landed two tenants that get the buildings to more than 80% leased. Dynasty Spirits and Taxila Stone have leased extra than 136,000 sq. feet in the house, which is around Dallas’ Design and style District.
“We are thrilled that Dynasty Spirits and Taxila Stone have chosen Proto Park to be their significant distribution and manufacturing amenities,” Jessica Miller Essl, co-founder of M2G Ventures, mentioned in a statement. “We are continuing to place a powerful concentration on tenant choice with the very last remaining house accessible.”
Dynasty is a liquor distributor that is increasing its operations. Scott Hobbs and Kim Lyon of Newmark Group negotiated the lease.
Taxila Stone sells stone and tile solutions for development and kitchen area and tub accessories. Harrison Putt of Mercer Co. and Bo Puckett with Jones Lang LaSalle negotiated the lease.
Jason Moser and Hanes Chatham of Stream Realty Partners signify M2G Ventures.
M2G Ventures acquired two far more industrial structures in the similar spot with more than 200,000 square toes previous month.