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Dallas-Fort Worth Office

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.

One Victory Park is the office anchor of Victory Park. The up-and-coming neighborhood is adjacent to Uptown and the Design District.

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