Newmark Arranges Sale of Tower 2600 in Richardson, Texas to Harkinson Investment Corporation

Newmark has arranged the sale of Tower 2600, a 229,307-square-foot, Class A office tower located at 2600 N. Central Expressway in Richardson, Texas, the firm announced July 8, 2026. The asset traded for an undisclosed amount, with Harkinson Investment Corporation identified as the buyer and DEVEN as the seller.

Deal Details and Brokerage Team

Newmark Vice Chairmen Gary Carr, Robert Hill and Brian Murphy, along with Director Austin Sheahan, represented the seller in the transaction. The sale price was not disclosed.

Tower 2600 is a nine-story office building. The property spans approximately 229,307 rentable square feet, with floor plates averaging roughly 26,700 square feet. At the time of sale, the building was 92% leased. Tenant amenities include a conference center, fitness center, tenant lounge and grab-and-go food service.

Location and Submarket Context

The property sits within Richardson's Technology Corridor, which Newmark described as one of the Dallas-Fort Worth Metroplex's largest employment hubs. The corridor supports more than 130,000 jobs and encompasses over 25 million square feet of office space. Major corporate occupiers in the area include AT&T, State Farm, GEICO and Texas Instruments. The submarket draws from a labor pool of approximately 1.9 million workers within a 30-minute commute, according to Newmark.

Broker Commentary

"Tower 2600 presented investors with a compelling opportunity to acquire a high-quality, institutional-grade asset with durable in-place cash flow and future upside," said Carr. "The property's strong occupancy, long-term tenancy and position within one of North Texas' most dynamic employment centers drove significant interest from investors."

"Richardson's Technology Corridor continues to attract a diverse mix of companies, reinforcing long-term demand for well-located, high-quality office product," Murphy added. "Tower 2600 is well positioned to capture that demand given its accessibility, amenities and competitive cost basis."

About Newmark

Newmark Group, Inc. (Nasdaq: NMRK) is a commercial real estate services firm operating from over 185 offices with more than 9,600 professionals across four continents. For the twelve months ended March 31, 2026, Newmark generated revenues of more than $3.4 billion.

Sources: Newmark Press Release, July 8, 2026