{"id":1004593859,"date":"2022-07-27T03:03:00","date_gmt":"2022-07-27T11:03:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004593859"},"modified":"2022-12-08T16:35:41","modified_gmt":"2022-12-09T00:35:41","slug":"hines-global-pays-145m-for-houston-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/","title":{"rendered":"Hines Global Income Trust Pays $145M for Houston Tower"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004593860\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/attachment\/1262068\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg\" data-orig-size=\"610,458\" 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;\\u00a9 Yardi Systems, Inc.&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=\"200 Park Place\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg?w=610\" class=\"alignright wp-image-1004593860 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068.jpg?w=240\" alt=\"\" width=\"240\" height=\"300\"><\/a><\/strong> In a $145 million deal, <strong>Hines Global Income Trust<\/strong>, a division of <strong>Hines<\/strong>, has acquired 200 Park Place, a 206,000-square-foot office property in Houston. <strong>Stonelake Capital Partners<\/strong> developed and sold the building, CommercialEdge data shows. <strong>Cushman &amp; Wakefield<\/strong> will handle the property&#8217;s leasing activities.<\/p>\n<p>Completed in 2020, the WELL-certified and LEED-certified development spans 1.3 acres and comprises a 15-story building with seven levels of parking and floorplates ranging from 20,531 square feet to 27,249 square feet. Onsite amenities include a rooftop terrace, a conference center, a lounge, as well as 673 parking spaces. JLL and Buckeye Partners, among others, are the anchor tenants of the fully leased property.<\/p>\n<p>Located at 4200 Westheimer Road, the property is within walking distance of numerous dining and retail options, including River Oaks District and Central Market, as well as several green areas. The office tower is also less than a mile from the Uptown District and Interstate 610.<\/p>\n<p>As Houston is one of the nation&#8217;s leading markets for the return-to-office rates, the newest investment in a high-quality and environmentally sustainable asset allows Hines to capitalize on these trends, as the firm continues to diversify its portfolio, said COO Janice Walker in prepared remarks.<\/p>\n<p>The acquisition is part of Hines\u2019 $3.4 billion portfolio, mainly focused on industrial and multifamily assets. At the beginning of the year, HGIT purchased a <a href=\"https:\/\/www.commercialsearch.com\/news\/hines-affiliate-buys-san-diego-office-portfolio\/\">four-property office portfolio<\/a>, totaling 187,000 square feet in the Old Town\/Point Loma submarket of San Diego.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JLL and Buckeye Partners anchor the office property.<\/p>\n","protected":false},"author":2703,"featured_media":1004593860,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,1589,21783,21742,21747],"tags":[32799,32797,45569,33291],"class_list":["post-1004593859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-houston","category-investment","category-latest","category-office","tag-cushman-wakefield","tag-hines","tag-hines-global-income-trust","tag-stonelake-capital-partners"],"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>Hines Global Income Trust Pays $145M for Houston Tower - CPE<\/title>\n<meta name=\"description\" content=\"Hines Global Income Trust has acquired 200 Park Place, a 206,000-square-foot office property in Houston for $145 million.\" \/>\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\/hines-global-pays-145m-for-houston-tower\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hines Global Income Trust Pays $145M for Houston Tower\" \/>\n<meta property=\"og:description\" content=\"Hines Global Income Trust has acquired 200 Park Place, a 206,000-square-foot office property in Houston for $145 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/\" \/>\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=\"2022-07-27T11:03:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T00:35:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"610\" \/>\n\t<meta property=\"og:image:height\" content=\"458\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Olivia Bunescu\" \/>\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\/hines-global-pays-145m-for-houston-tower\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/\",\"name\":\"Hines Global Income Trust Pays $145M for Houston Tower - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg\",\"datePublished\":\"2022-07-27T11:03:00+00:00\",\"dateModified\":\"2022-12-09T00:35:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e669e9a17e844dd3b8eb8f41b5d890c9\"},\"description\":\"Hines Global Income Trust has acquired 200 Park Place, a 206,000-square-foot office property in Houston for $145 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg\",\"width\":610,\"height\":458},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hines Global Income Trust Pays $145M for Houston Tower\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e669e9a17e844dd3b8eb8f41b5d890c9\",\"name\":\"Olivia Bunescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Olivia-author-bio.jpg?w=72\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Olivia-author-bio.jpg?w=72\",\"caption\":\"Olivia Bunescu\"},\"description\":\"Olivia Bunescu is a senior associate editor with Multi-Housing News and Commercial Property Executive and joined the team in 2022. With a B.A. in journalism and M.A. in Media Management, Olivia covers feature stories and interviews on student housing, SFR, coworking, office, design and marketing. She also hosts the Student Housing Unlocked and Step Into My Office podcast series. You can reach out to Olivia at olivia.bunescu@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/olivia-bunescu\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hines Global Income Trust Pays $145M for Houston Tower - CPE","description":"Hines Global Income Trust has acquired 200 Park Place, a 206,000-square-foot office property in Houston for $145 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/","og_locale":"en_US","og_type":"article","og_title":"Hines Global Income Trust Pays $145M for Houston Tower","og_description":"Hines Global Income Trust has acquired 200 Park Place, a 206,000-square-foot office property in Houston for $145 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2022-07-27T11:03:00+00:00","article_modified_time":"2022-12-09T00:35:41+00:00","og_image":[{"width":610,"height":458,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg","type":"image\/jpeg"}],"author":"Olivia Bunescu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/","url":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/","name":"Hines Global Income Trust Pays $145M for Houston Tower - CPE","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg","datePublished":"2022-07-27T11:03:00+00:00","dateModified":"2022-12-09T00:35:41+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e669e9a17e844dd3b8eb8f41b5d890c9"},"description":"Hines Global Income Trust has acquired 200 Park Place, a 206,000-square-foot office property in Houston for $145 million.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg","width":610,"height":458},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/hines-global-pays-145m-for-houston-tower\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Hines Global Income Trust Pays $145M for Houston Tower"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e669e9a17e844dd3b8eb8f41b5d890c9","name":"Olivia Bunescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Olivia-author-bio.jpg?w=72","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Olivia-author-bio.jpg?w=72","caption":"Olivia Bunescu"},"description":"Olivia Bunescu is a senior associate editor with Multi-Housing News and Commercial Property Executive and joined the team in 2022. With a B.A. in journalism and M.A. in Media Management, Olivia covers feature stories and interviews on student housing, SFR, coworking, office, design and marketing. She also hosts the Student Housing Unlocked and Step Into My Office podcast series. You can reach out to Olivia at olivia.bunescu@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/olivia-bunescu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/07\/1262068-e1658918736861.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004593859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/2703"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004593859"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004593859\/revisions"}],"predecessor-version":[{"id":1004594112,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004593859\/revisions\/1004594112"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004593860"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004593859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004593859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004593859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}