Hines
Hines JV Plans 270 KSF Timber Office Project in Chicago
The company has teamed up with Diversified Real Estate Capital and Big Bay Realty to build T3 Goose Island, the city’s first wood-structured office development since the 1800s.
Hines to Break Ground on Mexico City Logistics Center
Phase One of Convento CityPark comprises three buildings, totaling more than 1 million square feet, which will offer newly constructed cross-dock and front-load configurations.
Hines to Develop First San Antonio Multifamily Project
The development will be located on 11.4 acres within the retail power center The RIM and will total 380,000 square feet.
Savills Studley Inks New Office Lease
The commercial real estate services firm moved just up the street from its current location in downtown Denver, taking 8,500 square feet at 1125 17th St., a Class A tower co-owned and managed by Hines.
PacSun Global HQ Building Changes Ownership
The 181,000-square-foot, build-to-suit office building will continue to serve as global headquarters for Pacific Sunwear. This is Hines and Oaktree’s ninth acquisition in the North Orange County submarket.
Hines, Goldman Sachs Pick Up OC Office Park
Two years after Hines and a subsidiary of a fund managed by Oaktree Capital acquired 4000 MacArthur in Newport Beach, Calif., the firm joined forces with an affiliate of Goldman Sachs to own and manage the property.
Grupo IGS Snags 3 MSF Mexico Industrial Portfolio
The company purchased the 27-property portfolio from Hines, which assumed management of it two years prior. Along with its listing brokers, Hines brought the portfolio from 73 to 90 percent leased.
True North Expands Canada Office Footprint
The REIT paid $106.1 million to acquire five Class A buildings in Victoria, Greater Toronto, Ottawa, Halifax and Cambridge, offering a combined 492,900 square feet of rentable space.
Hines to Renovate Phoenix Office Campus
The company plans to invest up to $1 million to upgrade the exterior of 24th at Camelback, a 627,000-square-foot office complex. The refurbishment is scheduled for completion by the end of the year.
Oxford-Madison JV Pays $1.3B for Berlin Sony Center
Hines—asset manager of the 1.2 million-square-foot mixed-use complex—helped the National Pension Service of Korea to sell the asset. CBRE and Greenberg Traurig advised Oxford Properties and Madison International Realty.