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:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 2727 North Harwood Street
- Market: Dallas
- Square Footage: 210,000
- Buyer: Jon Winkelried - TPG
- Seller: Gabriel Barbier-Mueller - Harwood International
- Broker Representatives: Bill Fishel, Chris Murphy, Chad Lavender & Alex Foshay - Newmark
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
Dallas Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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