HPI Inks $155M Refi for Ross Tower

HPI Real Estate Services & Investments finalized a $155M loan extension for Ross Tower, its 1.1 million square-foot Class A office building in Downtown Dallas at 500 N. Akard Street. 

Since acquiring Ross Tower, ownership has invested nearly $20 million upgrading the building’s interior and exterior appeal. The team enhanced the building amenity package, tripling the size of Starbucks and creating a casual Wi-Fi lounge, tenant living room, and executive board room for companies. The building upgrades have driven tenant interest and new leasing success totaling over 415,000 rentable square feet and have successfully negotiated several major renewals including the building’s largest tenant, Munsch Hardt, at 77,000 rentable square feet.

Ross Tower offers valet parking, a gourmet food hall, Dakota’s Steakhouse, an on-site Starbucks, in-building conference facilities, state-of-the-art technology, and a Wifi-powered tenant lounge. The tower boasts 360-degree views of Uptown, Downtown, the Arts District, Klyde Warren Park, Victory Plaza, and the Margaret Hunt Hill Bridge.