Craig Hall Of Hall Group Acquires 112,000 Square Foot Office In Dallas From City Office REIT
2525 Mckinnon Street
Building Size
112,000 SF
Asset Type
Office
Closing
Aug 28, 2026
About this deal
AI
The office asset involved in the transaction is located at 2525 McKinnon Street in the Dallas market. The property spans 112,000 square feet and was recently acquired by Hall Group from City Office REIT. The deal was closed on August 27, 2026, with the total transaction price remaining undisclosed. The property will be renamed Hall Uptown, and the new owners plan to invest in renovations, including lobby upgrades, speculative suites, and improvements to the building systems.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Undisclosed
- Buyer: Craig Hall - Hall Group
- Seller: City Office REIT
- Address: 2525 McKinnon Street
- Market: Dallas, TX
- Square Footage: 112,000
- Date of Transaction: August 27, 2026
The key individuals involved in this transaction include Craig Hall, who represents Hall Group as the buyer in this deal, and the seller was represented by City Office REIT. The acquisition marks a strategic expansion for Hall Group in North Texas, with plans set to enhance the property’s appeal and utility in the competitive Uptown district.
Players
McKinnon 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