Hines Sells One Victory Park
One Victory Park—the 17-story office building at 2323 Victory Ave in Dallas—has a new owner. Hines and partner UST XVI, the investment fund managed by Estein & Associates, sold the 436k SF tower to Clarion Partners.
Hines will remain property manager for the Class-A office space and was advised by HFF on the transaction. Clarion acquired the property on behalf of a commingled fund advised by the firm. The building is 95% leased.