Matterhorn Venture Partners and Victory Ventures acquire industrial property in Texas
- Matterhorn Venture Partners and Victory Ventures have acquired a 21,937 square-foot industrial property on Neutron Road in Farmers Branch, Texas.
- The building, fully leased at below-market rents, is well-designed with features that align with high tenant demand in the DFW area.
- The acquisition marks a strategic step in their growing investment strategy for small-bay industrial properties, aiming for future growth and returns.
In Farmers Branch, Texas, Matterhorn Venture Partners, in collaboration with Victory Ventures, has successfully finalized the acquisition of a notable property located at 13619-13625 Neutron Road this April 29, 2025. This asset, which spans 21,937 square feet and features four distinct suites, is strategically positioned in the thriving Addison submarket of the Dallas-Fort Worth area. The acquisition represents the second of its kind in the partnership's industrial aggregation strategy focused on small-bay properties in the DFW region. The building was obtained off-market from a distressed seller, and is noteworthy for being fully leased despite offering rental rates that are below the market average. This characteristic presents a unique opportunity for future returns as leases approach their renewal periods. Scott McKibben, the CEO and Co-Founder of Matterhorn Venture Partners, articulated that this deal underscores the firm's ability to recognize and seize unique off-market opportunities, even in areas where distressed assets are seldom found, highlighting the robust demand from tenants that characterizes the Addison locality. The design of the industrial space incorporates functional features, including dock-high loading and temperature-controlled suites, each under 5,000 square feet. These attributes cater to a segment of the industrial market that is currently experiencing high demand in the DFW area. Casey Griffis, Co-Founder of Victory Ventures, expressed confidence in the investment, noting its potential for durable cash flows and favorable returns for investors due to its strategic location and operational flexibility. Moving forward, the joint venture plans to actively pursue similar acquisitions throughout 2025 and 2026, intending to add more assets to its portfolio before eventually exiting at a large scale. This recent acquisition marks a significant milestone for Matterhorn Venture Partners, as it represents their seventh acquisition since their inception and their second within Texas, thus broadening their operational footprint to a total of six states within the first year of operations. This aggressive strategy not only aims at consolidating more industrial properties but also optimally positions the firm for long-term growth in the burgeoning DFW industrial market.