US EditionHarwood seeks capital to bolster high-rise district in heart of Dallas
- On May 5, 2025, Harwood International and Newmark announced a partnership to recapitalize the Harwood District in Dallas' Y'all Street.
- This initiative addresses surging investor demand and seeks to secure funding for the upcoming development phase featuring a combination of residential, commercial, corporate office space, and guest-oriented amenities.
- The Harwood District spans 19 city blocks and over 30 acres, offering landmark architecture, curated art, luxury amenities, and walkable green spaces attracting over 40,000 weekly patrons.
- Leasing in 2024 hit a record 342,163 square feet with transactions valued over $200 million, reflecting the district's 94 Walk Score and over 90% occupancy rate.
- The recapitalization supports Harwood's vision to leverage upcoming projects like the 2027 Goldman Sachs opening and the Texas Stock Exchange to sustain growth and enhance tenant productivity.
20 Articles
20 Articles
Harwood seeks capital to bolster high-rise district in heart of Dallas
Harwood International said it is searching for new capital partners and framing the effort as a way to capitalize on Dallas' growing financial muscle. But the real estate firm has faced significant challenges in this 19-block district, including losing a tower at foreclosure.
Farm Talk Newspaper
Harwood to Fuel Accelerated Expansion of Dallas' Y'all Street
Developer Seeks New Capital Partners to Propel the Next Phase of Iconic Mixed-Use Expansion, Financial Headquarters, and Hospitality-Driven Placemaking in the Heart of Dallas
Harwood to Fuel Accelerated Expansion of Dallas' Y'all Street - Newmark Group (NASDAQ:NMRK)
Developer Seeks New Capital Partners to Propel the Next Phase of Iconic Mixed-Use Expansion, Financial Headquarters, and Hospitality-Driven Placemaking in the Heart of Dallas DALLAS, May 5, 2025 /PRNewswire/ -- Newmark and Harwood International announce the assignment to recapitalize its office portfolio and next phase of development within the Harwood District, its 19-city block, 30+ acre master-planned community in the heart of Dallas' vibrant…
Dallas’ Office Market Just Had Its Best First Quarter Since 2020
The first quarter of 2025 brought a wave of encouraging news for the Dallas office market. According to JLL, at a time when the Texas city remains the third-largest population mover in the country, with nearly 178,000 new residents migrating in from July 2023 to July 2024, the office market saw the highest first-quarter leasing volume since the start of the pandemic, and rents for office space built over the past decade increased 5.2 percent yea…
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