Beal Bank has provided a total of over $200 million to fund the acquisition of The Towers at Williams Square in the landmark Las Colinas development in Irving, Texas. Transaction sponsors include Hillwood Urban and Vanderbilt Office Properties.
Known worldwide by the historic Mustangs of Las Colinas sculpture, The Towers at Williams Square has long fueled the Dallas-Fort Worth market as a destination for major business headquarters and as an anchor for local tourism and the surrounding modern, upscale retail and residential properties.
The 1.4 million-square-foot class A office campus has undergone more than $30 million in recent renovations. It serves as home to the Big 12 Conference, Caterpillar Inc., Flowserve and the Irving-Las Colinas Chamber of Commerce. Well-known brands such as Accenture, Gallo, Mitsubishi, Capgemini and Anheuser-Busch also maintain regional offices there.
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