DALLAS — HFI Capital Management has acquired 1333 Oak Lawn, a roughly 126,000-square-foot office building located in the Dallas Design District. The sales price was not disclosed.
The 10-story building was completed in 2024. A partnership between FCP and Quadrant Investment Properties announced the project in early 2022, and the latter entity was named as part of the new ownership group alongside HFI. As part of the acquisition, the property will be rebranded as “The Capital Design District” and “The Capital” for short.
In addition to five floors of office space, the building features 8,000 square feet of amenity space on the ninth floor. The property also features a tenant lounge dubbed “Capital Spot,” an executive conference room, fitness center, locker rooms and a rooftop pickleball court.
Mexican restaurant concept Maroma will open this fall on the ground floor of the building.
Located along Oak Lawn, the building is positioned directly across from The Seam, a retail redevelopment that is currently underway. Upon completion, which is scheduled for summer 2026, The Seam will feature restaurants and shops. The property is also within walking distance of restaurants and attractions including Carbone, El Carlos Elegante, the Charles, the Virgin Hotel, Hilton Anatole, the International and the Hi Line Connector to the Katy Trail.
HFI plans to relocate its offices to the building.
“We’re thrilled to move to The Capital and take advantage of the energy that exists in the neighborhood between the world-class restaurants, The Seam and the dynamic culture that has been built,” says Daniel Hersh, vice president of HFI. “This beautiful, unique office building in the perfect location on Oak Lawn will put us in the center of that action and yet still be only 5 minutes to core Uptown.”
— Hayden Spiess