{"id":1004473177,"date":"2020-08-24T06:58:31","date_gmt":"2020-08-24T14:58:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004473177"},"modified":"2020-08-24T06:58:31","modified_gmt":"2020-08-24T14:58:31","slug":"gerald-hines-development-pioneer-dies-at-95","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/","title":{"rendered":"Gerald Hines, Development Pioneer, Dies at 95"},"content":{"rendered":"<div id=\"attachment_1004473183\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004473183\" data-attachment-id=\"1004473183\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/gerald-hines\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Gerald-Hines\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Gerald Hines and Wells Fargo Center in Denver. &lt;i&gt;Image courtesy of Hines&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg?w=800\" class=\"wp-image-1004473183 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004473183\" class=\"wp-caption-text\">Gerald Hines and Wells Fargo Center in Denver. <i>Image courtesy of Hines<\/i><\/p><\/div>\n<p>Hines Founder &amp; Chairman Gerald D. Hines has died at the age of 95, leaving his son Jeffrey Hines at the helm of the Houston-based commercial real estate powerhouse. The elder Hines passed away peacefully in his home, according to a statement by Jeffrey Hines, who has been running the firm as President since 1990 and now assumes the role of&nbsp; chairman &amp; CEO.<\/p>\n<p>Born in Indiana in 1925, Gerald Hines established the development firm as a one-man office in Houston in 1957. Over the decades, he built Hines into a diversified global firm that has shaped the built environment on five continents by means of world-class architecture, sustainability and financial savvy. The real estate giant is currently active in 25 countries and 225 cities from Atlanta to Shanghai. With more than 4,800 employees, the firm has $144.1 billion of assets under management and 165 developments underway around the globe.<\/p>\n<p>The developer\u2019s property and asset management portfolio currently includes 576 properties totaling 246 million square feet. Hines is known for such iconic developments as One Shell Plaza in Houston, which set a record as the world\u2019s largest reinforced concrete building when it was completed in 1971, and the Galleria, another Houston landmark and an early example of the upscale mixed-use retail project.<\/p>\n<p>Other notable properties include 53<sup>rd<\/sup> at Third, known as the Lipstick Building, in Manhattan; 101 California in San Francisco; Three First National Plaza in Chicago and One Ninety One Peachtree in Atlanta. Hines is currently <a href=\"https:\/\/www.commercialsearch.com\/news\/top-10-office-projects-under-construction-in-chicago\/\">spearheading a 60-story tower<\/a> designed by Pelli Clarke Pelli, forming the 1.2 million-square-foot third phase of the Wolf Point master plan in&nbsp;the Windy City.<\/p>\n<p><em>An extended account of Gerald Hines&#8217; life and contributions to the commercial real estate industry will appear in tomorrow&#8217;s CPE Daily newsletter.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hines founder and chairman built the firm from a one-man office in Houston into a global powerhouse that has changed the real estate industry.<\/p>\n","protected":false},"author":744,"featured_media":1004473183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21744],"tags":[50089,32797,50092],"class_list":["post-1004473177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","category-people","tag-gerald-hines","tag-hines","tag-jeffrey-hines"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gerald Hines, Development Pioneer, Dies at 95 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gerald Hines, Development Pioneer, Dies at 95\" \/>\n<meta property=\"og:description\" content=\"The Hines founder and chairman built the firm from a one-man office in Houston into a global powerhouse that has changed the real estate industry.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-24T14:58:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Greg Isaacson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/\",\"name\":\"Gerald Hines, Development Pioneer, Dies at 95 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg\",\"datePublished\":\"2020-08-24T14:58:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1a92010198045e41b0b801129a41b3d8\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gerald-hines-development-pioneer-dies-at-95\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/08\/Gerald-Hines.jpg\",\"width\":800,\"height\":620,\"caption\":\"Gerald Hines and Wells Fargo Center in Denver. 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