Victory Commons One Office Tower Sold In Dallas By Ross Perot Jr. And Len O'Donnell
2601 Victory Avenue
Building Size
364,428 SF
Asset Type
Office
Closing
Nov 5, 2026
About this deal
AI
The 364,428-square-foot Victory Commons One office tower is located at 2601 Victory Avenue in Dallas, TX. The 15-story building was developed by Hillwood Urban and Affinius Capital and opened in 2022. As of June, it was 93% leased, housing Scotiabank’s regional headquarters and Lockton.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 2601 Victory Avenue
- Market: Dallas, TX
- Seller: Ross Perot Jr. - Hillwood Urban; Len O'Donnell - Affinius Capital
- Broker Representation: Jonathan Napper & Mike McDonald - JLL
The property transaction was completed on November 3, 2026, but the identity of the buyer remains undisclosed. The involvement of key representatives from Hillwood Urban, Affinius Capital, and JLL highlights the collaborative effort in this transaction.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93