Douglas Center is a 400,000 SF class A office project in Dallas’ Preston Center. HPI-led partnership acquired the project in April 2020.
At purchase the building was 74% leased and achieving below market rents. HPI Oversaw redevelopment of lobby in 8333, new fitness center in 8333, a spec suite program, new conference center in 8343, and partnered with local coffee shop to open a location in the lobby.
New, energetic leasing and management team was able to immediately raise rates on renewals and new deals. Building occupancy was brought to 92% in 14 months and rates were increased by 20%. Two of the largest tenants were renewed for long terms and increased rates over 25%.
As the Dallas Partner, Hunter is responsible for overseeing Dallas’ day-to-day operations and business developments including property acquisition, development, and operations, with a focus on office and industrial assets. Hunter joined HPI in July of 2015 and has been responsible for overseeing HPI’s office leasing and management services in Dallas since then, and has also been involved in sourcing office investments in the DFW Metroplex. Since the inception of the Dallas office, Hunter has been instrumental in HPI’s growth from 3 employees to almost 70 employees as of October 2022. He is an active member of Watermark Community Church, and is a steering committee member of The Real Estate Council’s Programs Committee. Prior to joining HPI, Hunter was with CBRE for over five years. Hunter was born and raised in Canyon, Texas before attending Baylor University. He resides in central Dallas with his wife Tayler, their son Meyer and their daughter Sloan.
Ben joined HPI’s Dallas leasing team in 2018 and now serves as Executive Managing Director and Partner, overseeing HPI’s Dallas office portfolio and a diverse range of third‑party clients—from institutional investors to local property owners. Before entering commercial real estate, Ben played professional golf in both the United States and South Africa, where he was born and raised. He is actively engaged in the Dallas community, serving on the board of Viola’s House and is a member of both TREC and NTCAR. Ben earned his BBA in Finance from Henderson State University, where he competed on a golf scholarship. Ben resides in Dallas with his wife, Megan, and their son, Max.
Luke joined HPI’s Dallas leasing team in 2018. With a sole focus on office assets, he serves as Director for HPI’s Dallas portfolio and third-party clients. Prior to joining HPI, Luke worked at Dimensional Fund Advisors where he produced performance attribution analyses to support sales activities for the Regional Director of Texas. Luke uses his finance background and market intelligence to provide value for clients, ranging from institutional investors to local owners. Luke was born and raised in Austin, Texas before graduating from TCU with a degree in Finance. Luke resides in Dallas with his wife Kate and is an active member of TREC, NTCAR, YPO Next Generation and Touchdown Club.
