Newmark Arranges Sale and Financing of The Towers at Williams Square, a 1.4-MSF Office Campus in Las Colinas, Texas
The property is the largest office sale in Dallas-Fort Worth this year, with 76% of the campus leased and $25 million in renovations, Newmark said.
- On Friday, Newmark announced the sale of The Towers at Williams Square, a four-building, 1.4 million square foot office campus in the Las Colinas Urban Center, marking the largest office sale in the Dallas-Fort Worth region year-to-date.
- Strategically located in the Las Colinas Urban Center, the campus features modernized infrastructure following approximately $25 million in renovations to lobbies and shared spaces, offering proximity to Dallas/Fort Worth International Airport and Dallas Love Field Airport.
- A joint venture between Vanderbilt Office Properties, Hillwood, and TriPost Capital Partners acquired the property, which is currently approximately 76% leased, with financing arranged by Newmark.
- Newmark Vice Chairman Chris Murphy said the campus represents "a rare opportunity to acquire institutional-quality scale," citing strong investor interest in assets where long-term leasing upside aligns with basis.
- According to Newmark Research, investor demand for high-quality office assets in Sun Belt markets remains selective but durable, with capital increasingly focused on properties offering strong amenity packages and leasing momentum.
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Landmark Las Colinas office campus housing Caterpillar and Big 12 Conference changes hands
The iconic Las Colinas office complex known for its famous Mustangs sculpture has changed hands through a new partnership that gives two of the investors a bigger ownership stake than they held before. Dallas-based Hillwood Urban is teaming up with partners from Chicago and New York to take control of the three-building campus, with financing coming from a Texas billionaire who made his first fortune in real estate.
Newmark Arranges Sale and Financing of The Towers at Williams Square, a 1.4-MSF Office Campus in Las Coli
Transaction is the Largest Office Sale in Dallas-Fort Worth Metroplex Year-to-Date1DALLAS, May 15, 2026 /PRNewswire/ -- Newmark announces the Company has arranged the sale and acquisition financing of The Towers at
Newmark Brokers Sale of 1.4 Million-Square-Foot Las Colinas Office Campus
Newmark has arranged the sale and acquisition financing of The Towers at Williams Square, a 1.4 million-square-foot office campus in Irving’s Las Colinas Urban Center, in what the firm said is the largest office transaction in the Dallas-Fort Worth market so far this year. The four-building Class A property was acquired by a joint venture between Vanderbilt Office Properties, Hillwood and TriPost Capital Partners. Financial terms of the transact…
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