Recognized for creating sustainable, mixed-used urban developments, Hillwood Urban is proud to announce Lockton as its newest customer at Victory Commons One, a 15-story Class AA building in Victory Park.
Lockton, the world’s largest privately held insurance broker, will occupy nearly 100,000 square feet of office space on three floors with prominent signage.
“Lockton is a remarkable addition to growing list of customers at Victory Commons One,” said Bill Brokaw, Senior Vice President at Hillwood Urban. “An unrivalled workplace product in the post-pandemic market, Lockton’s clients and employees will experience top-tier office accommodations, abundant amenities and a vibrant location.”
Located in the heart of Dallas’ growing financial district, Victory Commons One offers unmatched access to multiple thoroughfares such as I-35 and the Dallas North Tollway, along with directly adjacent access to the Dallas Area Rapid Transit (DART) light rail system and Trinity Railway Express for employees to commute from across North Texas and both major airports.
Completed in 2022 by Hillwood Urban in partnership with Affinius Capital, Victory Commons One features a one-acre landscaped park, 4,000 square-foot private tenant lounge, fitness center and a 5,000 square-foot sky garden on the 7th floor.
“Everything about Victory Commons One is state-of-the-art,” said Steve Idoux, President and CEO of Lockton Dunning. “It is important for us to have great amenities for our employees, be positioned in a vibrant, accessible neighborhood for our clients and to have space to grow as we continue to invest in the Dallas market.”
Mike Mayer with Cushman & Wakefield of Kansas City, and Dan Harris and Randy Cooper of Stream Realty Partners represented Lockton throughout the transaction. Brokaw and Karch Schreiner of Hillwood Urban represented the property owner.
“As one of the premier office buildings in Dallas’ emerging financial district, Victory Commons One is at the epicenter of unprecedented growth,” noted Brokaw. “And with the nearby development of Goldman Sachs reinforcing the location, the neighborhood is primed for companies to recruit and retain the best and brightest workforce.”
About Affinius Capital
Affinius Capital® is an integrated institutional real estate investment firm focused on value-creation and income generation. With a 40-year track record and $64 billion in gross assets under management, Affinius has a diversified portfolio across North America and Europe providing both equity and credit to its trusted partners and on behalf of its institutional clients globally. For more information, visit www.affiniuscapital.com.
About Hillwood Urban
Hillwood Urban combines Hillwood’s land development and office development expertise together with its existing multifamily and retail development groups, providing a complete urban office and mixed-use development capability. The team completed the Perot corporate office project on Turtle Creek Boulevard and recently completed development of the Victory Commons One office building in Victory Park. Hillwood Urban also has an office project in the design phase at the intersection of Woodall-Rogers and Field Street and has partnered with the Four Seasons to develop a luxury hotel and urban living condominium complex at 3001 Turtle Creek Boulevard. Hillwood Urban is marketing these highly amenitized office projects to large corporate end users, while also seeking new opportunities for both urban and suburban tracts for mixed-use development located in the major growth corridors of North Texas.
About Lockton
What makes Lockton stand apart is also what makes us better: independence. Lockton’s private ownership empowers its 12,600+ Associates doing business in over 140 countries to focus solely on clients’ risk, insurance and people needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For more information, visit www.lockton.com