Hangover Opportunity Fund Sells May Group’s Headquarters in South Fort Worth

FORT WORTH, TEXAS — Hangover Opportunity Fund LLC has sold a 138,000-square-foot, two-building project in Fort Worth’s Carter Industrial Park. The 11.5-acre property at 1200 Forum Way S. is net-leased to May Group International, a custom sign manufacturer. Shortly before the property hit the market, the advertising company signed a seven-year renewal for the 60,000-square-foot and 78,000-square-foot office/warehouses, which are used as its headquarters and production facility, respectively. Texas-based SkyWalker Property Partners is liquidating Hangover’s 21-property portfolio. The 1200 Forum Way campus, bought by Hangover in mid-November 2013, is the ninth asset in Hangover’s portfolio to sell. Two more properties are under contract. Theron Bryant and Joe Hamilton of Coldwell Banker Commercial Advisors represented the seller. Chance Olin of Holt Lunsford Commercial negotiated for the local buyer, Forum Way Investments LLC. Bryant also negotiated the lease renewal with May Group.