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2727 North Harwood Street

TPG Acquires 210000 SF Office At 2727 North Harwood Street From Harwood International
SOLDOffice

TPG Acquires 210000 SF Office At 2727 North Harwood Street From Harwood International

2727 North Harwood Street

Building Size

210,000 SF

Asset Type

Office

Closing

Jan 29, 2026

AI

The property asset involved in this transaction is an office building located at 2727 North Harwood Street in Dallas. The asset spans 210,000 square feet and was built in 1999. It is currently anchored by the law firm Jones Day. TPG has acquired this property to expand its portfolio in the Dallas Harwood District, signaling a continued investment in trophy office spaces within the DFW market.

Summary of transaction details:

The transaction involves key individuals such as Jon Winkelried, representing TPG, and Gabriel Barbier-Mueller, representing Harwood International. The deal also includes plans for immediate renovations of the building alongside Frost Tower and Saint Ann Court, focusing on improvements to lobby spaces, tenant amenities, and greenscape. Harwood International will maintain a minority stake in the property after the transaction.

Players

Chad Lavender

Newmark

Broker

$395M

vol

5 deals

Broker
Newmark
NewmarkBrokerage

Jon Winkelried

Buyer

$711.3M

vol

11 deals

Buyer
Harwood International
Harwood InternationalSeller

Dallas Office Market Snapshot

Boundary boundary · Office · Sale transactions

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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