{"id":1004793427,"date":"2026-03-27T08:51:19","date_gmt":"2026-03-27T16:51:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004793427"},"modified":"2026-03-27T08:51:21","modified_gmt":"2026-03-27T16:51:21","slug":"pillar-ascent-team-up-for-another-dallas-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/","title":{"rendered":"Pillar, Ascent Team Up for Another Dallas Deal"},"content":{"rendered":"
\n
\"Rambler<\/a>
Pillar Commercial and Ascent Real Estate Advisors have partnered to acquire Rambler Park in Dallas. Image courtesy Pillar Commercial and Ascent Real Estate Advisors<\/em><\/figcaption><\/figure><\/div>\n\n\n

Pillar Commercial and Ascent Real Estate Advisors have partnered to acquire Rambler Park, a 310,943-square-foot, 14-story office tower in northern Dallas, for an unspecified price. The property counts a number of health-care-related entities on its tenant roster, as part of an established medical district anchored by Texas Health Presbyterian Hospital.<\/p>\n\n\n\n

The seller was Equus Capital Partners, which acquired the building from Ascent in 2018, according to Yardi Matrix, with Regions Bank providing a $38.5 million loan for the deal. For the sale to Pillar and Ascent, JLL\u2019s Brian Carlton and De\u2019On Collins secured the lender, First Bank, which provided acquisition financing.<\/p>\n\n\n\n

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READ ALSO<\/strong>: Top 10 Markets for Office Deliveries<\/a><\/p>\n\n\n\n

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The property, which dates from 1981, offers such common-area amenities as a fitness center, conference facilities, tenant lounges and an on-site food service operator. It is LEED Platinum certified. During the past decade, previous owners \u201cinvested significant capital to update and renovate the common areas,\u201d the partners noted in a statement.<\/p>\n\n\n\n

The Rambler Park deal is the second joint investment for the two firms. In 2019, Dallas-based Pillar and New York-based Ascent acquired the 121,000-square-foot 2703 Telecom, a flex office property in Richardson, Texas, and sold the asset within 18 months of acquisition after achieving 100 percent occupancy.<\/p>\n\n\n\n

The partners also have experience within the local submarket, having each owned a number of office properties there, including Meadow Central, Meadow Park Tower, Search Plaza and 6500 Greenville.<\/p>\n\n\n\n

Dallas does deals<\/h2>\n\n\n\n

Office investors are buying and selling in Dallas again. Provident Realty Advisors purchased One Triumph Place<\/a>, the former Triumph Bank Building in Dallas, in January. Triumph Financial sold the property, which it had acquired less than two years ago for $54 million.\u00a0<\/p>\n\n\n\n

In December, Northwood Investors sold The Offices at Park Lane<\/a>, a 230,691-square-foot, two-building office asset in Dallas. DFWLAND acquired the asset.<\/p>\n\n\n\n

The DFW Metroplex ended 2025 with positive momentum, JLL reported, experiencing positive absorption for the year, which was the first time since 2019. Tenants took 1.3 million square feet more office space in the market than they vacated.<\/p>\n\n\n\n

At the same time, Dallas office visits are relatively robust, with visits in February 22.4 percent less than the same month in 2019<\/a>, Placer.ai reported. That puts the market as the third-strongest among the cities that Placer.ai tracks, after only Miami and New York City.<\/p>\n","protected":false},"excerpt":{"rendered":"

The property is part of an established medical district.<\/p>\n","protected":false},"author":1023,"featured_media":1004793437,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21783,21742,21747,51973],"tags":[38631,33346,32796,44015],"class_list":["post-1004793427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-investment","category-latest","category-office","category-southwest","tag-ascent","tag-equus-capital-partners","tag-jll","tag-pillar-commercial"],"acf":[],"yoast_head":"\nPillar, Ascent Team Up for Another Dallas Deal - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Pillar Commercial and Ascent Real Estate Advisors have acquired Rambler Park, a 14-story office tower in Dallas from Equus Capital Partners.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pillar, Ascent Team Up for Another Dallas Deal\" \/>\n<meta property=\"og:description\" content=\"Pillar Commercial and Ascent Real Estate Advisors have acquired Rambler Park, a 14-story office tower in Dallas from Equus Capital Partners.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-27T16:51:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-27T16:51:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Rambler-Park.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"796\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/\",\"name\":\"Pillar, Ascent Team Up for Another Dallas Deal - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Rambler-Park.jpg\",\"datePublished\":\"2026-03-27T16:51:19+00:00\",\"dateModified\":\"2026-03-27T16:51:21+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"description\":\"Pillar Commercial and Ascent Real Estate Advisors have acquired Rambler Park, a 14-story office tower in Dallas from Equus Capital Partners.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/pillar-ascent-team-up-for-another-dallas-deal\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Rambler-Park.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Rambler-Park.jpg\",\"width\":796,\"height\":600,\"caption\":\"Pillar Commercial and Ascent Real Estate Advisors have partnered to acquire Rambler Park in Dallas. 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