Jon Winkelried Of TPG Acquires Four Uptown Dallas Office Towers From Gabriel Barbier-Mueller
2728 North Harwood Street, 2501 North Harwood Street, 2950 North Harwood Street & 2850 North Harwood Street
Building Size
3,568,000 SF
Asset Type
Office
Closing
Oct 30, 2025
AI
Four office towers located at 2728 North Harwood Street, 2501 North Harwood Street, 2950 North Harwood Street, and 2850 North Harwood Street in Dallas were sold. The total square footage of the properties amounts to 892,000 square feet, representing a significant transaction within the office market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Buyer: Jon Winkelried - TPG
- Seller: Gabriel Barbier-Mueller - Harwood International
- Broker: Newmark
- Market: Dallas
The transaction marks a major shift in ownership within the 19-block Harwood District, with Harwood International represented by Newmark in the deal. This sales event reflects the continued interest and investment in the Uptown Dallas area.
Players
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