Hillwood Urban And Vanderbilt Office Properties Secure $200 Million Loan For Office Campus In Irving TX

The Towers at Williams Square is a Class A office campus located at 5205-5221 North O'Connor Boulevard, Irving, TX, encompassing 1,400,000 square feet. The property serves as a significant corporate hub in the Dallas-Fort Worth market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $200,000,000
• Lender: Anthony Sassine - Beal Bank
• Landlord: Casey Wold - Vanderbilt Office Properties; Ross Perot Jr. - Hillwood Urban

Beal Bank facilitated the financing for the acquisition of the asset by Hillwood Urban in partnership with Vanderbilt Office Properties. The property is distinguished by its high-profile tenants, including Caterpillar, Flowserve, and the Big 12 Conference, highlighting its importance in the area.