Beal Bank announced that it has provided more than $200 million in financing to support the acquisition of The Towers at Williams Square, a landmark office complex in the Las Colinas development in Irving, Texas. The transaction was sponsored by Hillwood Urban and Vanderbilt Office Properties.
The Towers at Williams Square is a 1.4 million-square-foot Class A office campus known internationally for the Mustangs of Las Colinas sculpture. The property has undergone more than $30 million in recent renovations and is home to major tenants including the Big 12 Conference, Caterpillar, Flowserve, and the Irving-Las Colinas Chamber of Commerce. Other companies with regional offices at the property include Accenture, Gallo, Mitsubishi, Capgemini, and Anheuser-Busch.
According to Beal Bank, the financing supports the sponsors’ strategy of acquiring premier office properties with high-quality tenants throughout the southern United States. The company highlighted its ability to provide flexible, customized financing solutions without the need for syndication, along with its familiarity with the Dallas-Fort Worth market.
Beal Bank said the transaction positions The Towers at Williams Square for continued growth and reinforces the property’s role as a major business destination and anchor for tourism, retail, and residential development in the area.
Based in Las Vegas and Plano, Texas, Beal Bank and affiliate Monet Bank had combined assets of nearly $16.2 billion as of March 31, 2026. The institutions provide financing across sectors including commercial real estate, lodging, energy, manufacturing, timber, transportation, and distribution.
KEY QUOTES:
“This transaction represented a fantastic opportunity – the location, the property, and the two sponsors are best in class. It was truly a pleasure working with Hillwood and Vanderbilt to originate a transaction that furthers their goal of acquiring first-class office assets with high-grade tenants across the south. This financing helps ensure The Towers at Williams Square will continue to draw the best business tenants and to set the pace for growth in the area.”
Anthony Sassine, President of a Beal Bank Lending Affiliate
