Newmark arranges $218 million Dallas office tower sale to Cousins Properties

Newmark Group Inc. (NASDAQ: NMRK) arranged the $218 million sale of The Link at Uptown, a 25-story office tower in Dallas, Texas. The transaction represents the largest office property sale in Dallas this year by price, according to the company.

Cousins Properties (NYSE: CUZ), an Atlanta-based real estate investment trust, purchased the 292,000-square-foot building from Kaizen Development Partners. Newmark Vice Chairmen Chris Murphy, Robert Hill, and Gary Carr, along with Director Austin Sheahan, handled the transaction for the seller.

The Link at Uptown was built in 2021 and features tenants including Houlihan Lokey, PMG, and McGuireWoods. All leases were signed after the pandemic, according to the press release. The building includes amenities such as a fitness center, conference facilities, and an outdoor terrace.

The sale follows another Newmark-arranged transaction for Sterling Plaza in Dallas approximately three weeks earlier. The Link at Uptown is located in Dallas's Uptown submarket.

Newmark reported revenues of over $2.8 billion for the twelve months ended March 31, 2025, and operates from 165 offices with approximately 8,100 professionals across four continents as of that date.

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