McCourt Partners, in partnership with Dallas-based HN Capital Partners, acquired a core piece of the Dallas Design District, a unique real estate portfolio that has been assembled over the past two decades.

The portfolio currently spans more than 40 acres and includes nearly 800,000 square feet of leased showroom, retail and creative office space. The Design District portfolio is adjacent to downtown and uptown Dallas, near the American Airlines Center.

It sits on a pedestrian spur connecting Dallas’ two primary urban trails, Katy Trail and the Strand, providing an unparalleled canvas to build the district into a premier community destination. The partners believe the soul of the district will always remain design-centric showrooms, but their vision involves developing complementary mixed-use spaces to fully activate this one-of-a-kind area.