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Behind the Deal: 'Once in a Lifetime' Purchase Starts Duo's Property Partnership

M2G Ventures, Pennybacker Capital Plan More Deals in Texas, Other US Markets
Tuesday Morning sold its Dallas corporate headquarters in a sale-leaseback to a Texas partnership. (Getty Images)
Tuesday Morning sold its Dallas corporate headquarters in a sale-leaseback to a Texas partnership. (Getty Images)
CoStar News
January 29, 2021 | 12:09 AM

About a year after an initial meeting between private equity firm Pennybacker Capital and M2G Ventures — an industrial development firm founded by twin sisters known for injecting aesthetic panache into traditionally dull warehouses — the two companies closed their first deal, with plans to team up on more projects across the country.

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