By james art 
Fort Worth Worth M2G Ventures, the total partner capital of Capital Gray Swan I made its fourth investment since its inception in 2023 with the acquisition of Northgate, four construction 215,000 square meters of Industrial Complex in Garland.
The property is at 10202 Miller Road, outside the I-635.
Gray Swan I acquired its first real estate set in September. The Fund allows M2G and its investors to perform their best strategy in a larger, more effective scale with a nimble and opportunistic approach.
The Fund pursues industrial and mixed properties with added value in selected growth markets with a major focus on Texas.
“The fund offers investors the opportunity to exclusively participate in the M2G investment strategy and the flow of deals,” said Susan Miller, co -founder of M2G Ventures.
Garland is one of the most established and mature Industrial Centers of Dallas-Form Worth. The M2G monitors a significant demand for tenants in Garland for consumers, more special manufacturers, which comes with a lack of new inventory, the company said.
Northgate is about 98% occupied with 10 tenants ranging from 2000 to 86,000 square feet with one vacant position with an area of 4,000 square meters. Stephen Bailey of Newmark, Dustin Volz, House Espinosis, Zack ReiB and Travis McEldowney represent M2G in the transaction. The project leasing team will be Bret Lewis and Taylor style from Lee & Associates.
The Garland Film has about 57 million square feet of industrial product with about 4% vacancies, compared to the market average of 10% vacancies with about 3% of stocks in construction. Miller noted that the drive in the market in the 12-month market was 5.1% and an average of 8.4% for the continuation of five years (2019-23).
Miller said plans for Northgate, built in 1975, include significant upgrades, including addressing “delayed maintenance”, replacing roofs, painting of building exteriors, upgrading landscaping, signs and outdoor lighting, washing power and removal Parking and creating makeup ready space in an existing free space of 4000 square meters.
“As always, the goal of M2G is to create places where consumers want to have our best in the class integrated development team, managing M2G to become the top owner of the markets where we invest,” Miller said.
In 2025, the M2G will continue to focus on its primary investment strategies for the acquisition, design and development of filling industrial and mixed assets in supply limited places, including stable investment foundations.