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Caterpillar Inc Acquires 400000 Square Foot Office From Vari For 515 Million In Irving

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SOLD

Texas

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Office400,000 SF
Sold 12/08/2025
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Property Image
SOLD

Caterpillar Inc Acquires 400000 Square Foot Office From Vari For 515 Million In Irving

901 West Walnut Hill Lane

See Similar Deals
Office400,000 SF
Sold 12/08/2025
the dealdetailscomps

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:400,000 SF
Transaction Type:Sale

The property asset involved in this transaction is a 400,000-square-foot office building located at 901 West Walnut Hill Lane in Irving, Texas. The asset spans 15 acres and was recently acquired by Caterpillar Inc. from Vari. The total transaction amount is valued at $51.5 million.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $51.5 million
  • Address: 901 West Walnut Hill Lane
  • Market: Irving
  • Square Footage: 400,000
  • Acres: 15
  • Buyer: Joe Creed - Caterpillar Inc
  • Seller: Jason McCann - Vari

This transaction marks Caterpillar Inc.'s latest investment in the Dallas-Fort Worth area following the relocation of its global headquarters in 2022. Joe Creed represents Caterpillar Inc. in this deal, while Jason McCann represents Vari.

Details

SOLD
IMAGE: Joe Creed & Jason McCann DATE: 12/08/2025 ADDRESS: 901 West Walnut Hill Lane MARKET: Irving ASSET TYPE: Office ~ SF: 400,000 ~ ACRES: 15 BUYER: Joe Creed - Caterpillar Inc (@CaterpillarInc) SELLER: Jason McCann - Vari (@WorkWithVari) NOTE: Caterpillar Inc. has acquired the 400,000-square-foot former Zales headquarters in Irving, Texas, from office furniture company Vari. The building, valued at $51.5 million, marks Caterpillar's latest investment since moving its global headquarters to the Dallas-Fort Worth area in 2022.

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