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Real Estate Trail
Institutional Press Wire
REBusiness Online · Dallas · Office

HALL Group Acquires 112,000 SF Office Building in Uptown Dallas

Via REBusiness Online · November 2, 2026
Compiled by Real Estate Trail Editorial · November 2, 2026

Why this matters

Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. Dallas-Fort Worth continues to absorb the largest multifamily delivery pipeline in the country. Industrial along the I-35 corridor is clearing at competitive basis, and selective office is finding bids at deep discounts to replacement. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from REBusiness Online:
DALLAS — HALL Group has acquired 2525 McKinnon Street, a 112,000-square-foot office building in Uptown Dallas. The eight-story building was constructed in 2003 at the nexus of McKinnon Street, Olive Street and Cedar S…
Read the full article at REBusiness Online →

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