Hines Buys Bishop Arts portfolio (40,747 SF) in DFW

Reported Oct 7, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
Hines
Seller
Exxir (Nazerian family)
Price
$170.5M
Size
539 apartment units + 40,747 SF retail (98.2% leased retail; 94% leased apartments)
Price per SF
$4,184 per SF (our calculation)
Price per unit
$316,327 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Dallas Urban Core (Downtown / Uptown / Oak Cliff)
Metro
Dallas-Fort Worth
Reported date
Oct 7, 2026

Summary

Bishop Arts portfolio is a multifamily & mixed-use sale in Dallas Urban Core (Downtown / Uptown / Oak Cliff), Dallas-Fort Worth. Other details we have: buyer Hines; seller Exxir (Nazerian family); price $170.5M; size 539 apartment units + 40,747 SF retail (98.2% leased retail; 94% leased apartments). Bisnow reports: “Houston-based Hines acquired the nine-building portfolio in Dallas' Bishop Arts district through its Hines Global Income Trust REIT.” Bisnow reports: “Houston-based Hines acquired the nine-building Bishop Arts portfolio through its Hines Global Income Trust as part of a more than $525M nationwide purchase series.”

Quoted from the article; the other facts come from our own deal listing.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal / Buyer
    Houston-based Hines acquired the nine-building portfolio in Dallas' Bishop Arts district through its Hines Global Income Trust REIT.
  • Deal
    Houston-based Hines acquired the nine-building Bishop Arts portfolio through its Hines Global Income Trust as part of a more than $525M nationwide purchase series.
  • Price / Size
    The REIT spent $170.5M on the roughly 7-acre Dallas portfolio that includes 539 multifamily units and around 49K SF of retail space, according to an Aug.
  • Seller
    While the seller's name was not disclosed, Dallas Central Appraisal District records show nearly all of the properties were most recently owned by Bishop Arts LLC, which is owned by Exxir Capital.

Article date: 2026-10-07T15:02:28-04:00

Quick answers

Who bought Bishop Arts portfolio?
Hines bought Bishop Arts portfolio in Dallas Urban Core, DFW, according to Bisnow.
How much did Bishop Arts portfolio sell for?
The reported price is $170.5M ($4,184 per SF, our calculation), per Bisnow.
How big is Bishop Arts portfolio?
539 apartment units + 40,747 SF retail (98.2% leased retail; 94% leased apartments), as listed from the source.
When was this sale reported?
Reported Oct 7, 2026 by Bisnow.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.