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3008 North Harwood Street

Gabriel Barbier-Mueller Of Harwood International Secures $100 Million Loan From Jon Winkelried Of TPG Capital
FINANCEDDevelopment Site

Gabriel Barbier-Mueller Of Harwood International Secures $100 Million Loan From Jon Winkelried Of TPG Capital

3008 North Harwood Street

$100,000,000

Building Size

Asset Type

Development Site

Closing

Oct 15, 2025

AI

The asset involved in the transaction is a development site located at 3008 North Harwood Street in Dallas. This site is designated for a planned 23-story Class AA office tower, Harwood 15, encompassing a total of 340,754 square feet. The total project is valued at $120 million and is expected to be completed by June 2027.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $100,000,000
  • Address: 3008 North Harwood Street
  • Market: Dallas
  • Asset Size: 340,754 square feet
  • Lender: Jon Winkelried - TPG Capital
  • Landlord: Gabriel Barbier-Mueller - Harwood International

This transaction is significant as Harwood International secured the loan from TPG Capital to finance the ambitious office tower project. The development plans include premium amenities such as a sky garden, rooftop restaurant, and fitness and wellness facilities, with law firm Jones Day set to be a major tenant in the new building.

Players

Jon Winkelried

TPG Capital

Lender

$711.3M

vol

11 deals

Lender
TPG Capital
TPG CapitalLender
Harwood International
Harwood InternationalLandlord

Dallas Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93