Vanderbilt Office Properties, Hillwood Urban and TriPost Capital Partners have acquired The Towers at Williams Square, a landmark 1.4 million-square-foot Class A office campus in the Las Colinas Urban Center in Irving. Partners in the joint venture include Vanderbilt Office Properties, Hillwood Urban, and TriPost Capital Partners. Beal Bank USA provided acquisition financing.
The Towers at Williams Square is one of the most recognizable office campuses in the Dallas-Fort Worth region. Surrounding the iconic Mustangs of Las Colinas bronze sculpture, the four-building campus has undergone more than $30 million in renovations and is home to the headquarters of the Big 12 Conference, Caterpillar Inc., Flowserve and the Irving-Las Colinas Chamber of Commerce, as well as regional offices for Accenture, Gallo, Mitsubishi, Capgemini and Anheuser-Busch.
“The Towers at Williams Square is truly an iconic property, and we believe it is among the finest office addresses in the Dallas-Fort Worth market,” said Casey Wold, managing partner of Vanderbilt Office Properties. “The combination of walkable, amenity-rich surroundings, exceptional freeway and airport access, and outstanding on-campus amenities make it exactly the kind of high-quality asset tenants are gravitating toward.”
Furthermore, Brad Carroll, the Co-Founder and Partner of TriPost Capital Partners, shared, “We are excited to partner with Hillwood Urban and Vanderbilt Office Properties, who both bring a wealth of knowledge and expertise to the office space. With its exceptional tenant roster and long-standing market position, we believe the property is uniquely positioned to benefit from the ongoing flight to quality we are seeing across the office sector.”
Located in the Las Colinas Urban Center, the property offers direct access to major transportation corridors and proximity to Dallas/Fort Worth International Airport and Dallas Love Field. The campus also features an extensive amenity base shaped by continued institutional investment and a mixed-use environment with nearby dining, hospitality, entertainment and residential offerings.
“Williams Square delivers a unique position in the North Texas market,” said Bill Brokaw, Executive Vice President at Hillwood Urban. “With a premier property centrally located across a four-county DFW talent pool, direct access to both major airports and the region’s freeway network, and a walkable, highly amenitized neighborhood right at its doorstep, we are seeing significant and growing tenant activity. The quality of our customer base and the momentum we are building here are a testament to what this campus truly offers.”
Newmark Vice Chairmen Chris Murphy, Gary Carr and Robert Hill, along with Director Austin Sheahan, represented the Seller in the transaction. Newmark Senior Managing Director Andrew Porteous, Vice Chairman Clint Frease, Senior Managing Director Chris McColpin and Director Josh Francis assisted in securing the acquisition financing on behalf of the Buyer.
The transaction reflects continued investor interest in high-quality office assets across Sun Belt markets. According to Newmark Research, capital continues to target well-amenitized properties with strong leasing momentum and durable tenant demand.
About Vanderbilt Office Properties
Vanderbilt Office Properties (“VOP”) is a vertically integrated office investor / operator which targets investment opportunities in high growth markets throughout the U.S. VOP has invested $6.0 billion and acquired/developed 100+ buildings over 44 transactions since inception in 2014. VOP currently manages 14.7 million square feet and has sold 15.0 million square feet ($3.1 billion) since inception. Learn more at www.VanderbiltOP.com
About Hillwood Urban
Hillwood Urban is a Dallas-based, full-service real estate development platform within Hillwood, a Perot company. Launched as Hillwood’s urban-focused division, the group concentrates on high-quality office, mixed-use, and hospitality developments in major urban infill locations, primarily across North Texas. By combining Hillwood’s deep expertise in land planning, commercial office development, and capital partnerships with its multifamily and retail capabilities, Hillwood Urban delivers integrated, pedestrian-oriented environments designed to attract leading corporate tenants and create vibrant live-work-play destinations. Hillwood Urban benefits from the financial strength and global experience of Hillwood, which was founded in 1988 by Ross Perot Jr. and has developed hundreds of millions of square feet of real estate across industrial, office, residential, and mixed-use sectors worldwide. visit www.hillwoodurban.com.
About TriPost Capital Partners
TriPost Capital Partners, LLC (“TriPost”) is a New York-based multi-strategy real estate private equity firm founded in 2014. TriPost provides tailored capital solutions to real estate operators and developers through its differentiated Platform Solutions and Asset Solutions strategies. Platform Solutions focuses on providing real estate operators with the growth capital, connections, and counsel necessary to enable companies to succeed across a range of market conditions. Asset Solutions supports existing owner-operators by acquiring ownership stakes on a secondary basis, building upon the firm’s established model of solutions-oriented capital partnerships. To date, TriPost has partnered with various operating platforms across multiple asset classes and throughout most major markets in the United States. To learn more, visit www.tripost.com.
About Beal Bank USA:
Beal Bank USA (Member FDIC and Equal Housing Lender), is part of one of the largest privately owned financial institutions in the nation and held total assets of approximately $13 billion as of March 31, 2026. The Bank has a well-earned reputation as stable, strongly capitalized financial institution. Through its affiliates, Beal Bank USA originates loans secured by tangible assets in industries such as commercial real estate, lodging, energy and power, manufacturing, timber, and transportation and distribution. Beal Bank USA also acquires individual loans and loan portfolios. Beal Bank USA’s core consumer service is to provide depositors with competitive rates on certificates of deposits (CDs) through its branches and online.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2025, Newmark generated revenues of nearly $3.3 billion. As of December 31, 2025, Newmark and its business partners together operated from approximately 175 offices with over 9,300 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.