In the largest office sale in the Dallas-Fort Worth metroplex this year, Newmark arranged the sale and acquisition financing of The Towers at Williams Square, a four-building, Class A office campus totaling approximately 1.4 million square feet in the Las Colinas Urban Center.
Newmark Vice Chairmen Chris Murphy, Gary Carr and Robert Hill and Director Austin Sheahan represented the seller. Senior Managing Director Andrew Porteous arranged acquisition financing on behalf of the buyer, a joint venture between Vanderbilt Office Properties, Hillwood and TriPost Capital Partners, alongside Vice Chairman Clint Frease, Senior Managing Director Chris McColpin and Director Josh Francis.
“The Towers at Williams Square represents a rare opportunity to acquire institutional-quality scale in one of the most established and amenity-rich office submarkets in the country,” Murphy said. “We continue to see strong investor interest in well-located, high-quality assets where basis and long-term leasing upside align.”
The property comprises three interconnected towers with modernized infrastructure, institutional ownership history and significant recent capital investment, including approximately $25 million in renovations across lobbies, tenant amenities and shared spaces. The asset is currently approximately 76% leased and has generated significant tenant tour activity in the past six months, reflecting continued leasing momentum.
Located within the Las Colinas Urban Center, the property offers immediate access to a highly amenitized, mixed-use environment, including dining, hospitality and entertainment options, as well as proximity to both Dallas/Fort Worth International Airport and Dallas Love Field Airport. The campus also benefits from strong regional connectivity, allowing access to major U.S. markets within a short travel window.
