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Hines Sells Pier 1 Tower to Hertz Investment Group

FORT WORTH – (Realty News Report) – Hines has sold its 20-story Pier 1 Imports building in downtown Fort Worth to Woodland Hills, Calif.-based Hertz Investment Group, led by Judah Hertz. The 410,000-SF headquarters of the retailer overlooks the Trinity River. Hertz has acquired several properties in Houston in recent years include the Royal Oaks Centre in Westchase and three ... Read More »

How to Lease Downtown Towers in Today’s Market: Q&A with Michael Anderson of Colvill Office Properties

HOUSTON – (Realty News Report) – Too much office space is chasing too few tenants in downtown Houston, where the vacancy rate hovers around 20 percent. So, what is on the agenda for Houston developers such as Hines? A new 1 million SF building on the former site of the Houston Chronicle. To sort out the seemingly disconnect – a ... Read More »

Hines’ New Skyscraper and the Future of Downtown Houston: Q&A with Tim Relyea of Cushman & Wakefield

HOUSTON – (Realty News Report) – On Wednesday, July 17, 2018, Hines and partner Ivanhoé Cambridge, announced construction of a new, 47-story, 1 million-SF office tower on the former site of the Houston Chronicle building downtown. While law firm Vinson & Elkins, signed a lease for 212,000 square feet and Hines will take 155,000 square feet, the new construction occurs ... Read More »

Hines Starting New Downtown Skyscraper on Former Houston Chronicle Site

HOUSTON – (Realty News Report) Hines has announced plans to start development on downtown Houston’s next skyscraper – a 1 million-SF tower built on the former site of the Houston Chronicle building, which has been demolished. Hines, a real estate development firm founded in Houston in 1957, will move its own headquarters into the new 47-story building, leaving the Williams ... Read More »

Simmons Leases Space in New Hines Tower in Downtown Houston

HOUSTON – (Realty News Report) –  Simmons & Company International | Energy Specialists of Piper Jaffray leased  31,000 SF at 609 Main at Texas, the new 48-story office tower developed by Hines in downtown Houston. Simmons, an investment banking and financial advisory firm, will move into the  1,073,075-SF building this fall. Michael Anderson and Damon Thames with Colvill Office Properties ... Read More »

Hines Buys Office Tower in Downtown Calgary for Redevelopment

CALGARY, ALBERTA, CANADA – (Realty News Report ) – Houston-based Hines, in partnership with an Oaktree Capital Management fund has acquired a 27-story office tower in Calgary. The 708,000-SF Class B office building, called First Tower, is located in the Downtown East submarket of Calgary on First Street.  First Tower is 51 percent leased to a roster of notable tenants ... Read More »

Namesake Tenant Renews Huge Lease in Iconic Tower

HOUSTON – (Realty News Report) – Williams, one of the nation’s leading natural gas infrastructure operators, has renewed its 353,944-SF lease in Williams Tower, a 64-story office building adjacent to the Galleria. Dave Hanusa, Bonnie Kelley-Dienna and Jason Presley of CBRE’s Houston office represented the landlord, Invesco Real Estate. Ronnie Deyo and Beau Bellow of JLL represented the tenant. Headquartered ... Read More »

Hines New 32-Story Apartment Tower to Include City’s First “Chef Hall”

HOUSTON – (Realty News Report) – Aris Market Square, the new 32-story apartment tower developed by Hines in downtown Houston, will have the city’s first “chef hall.” The 9,100-SF ground-floor restaurant space, called Bravery Chef Hall, is “an evolution of a food hall and offers fine dining with the speed of counter service,” said Hines. Ziegler Cooper Architects, working in ... Read More »

Building Green: Hines New Office Tower to Be Framed with Wood, Not Steel

CHICAGO – (Realty News Report) – Instead of framing its next Chicago office building with the typical steel, Hines will build the structure with wood – the first wood-structured office building developed in Chicago since the 1800s. The six-story, heavy-timber building will be called T3 Goose Island. “The environmental benefit of using wood on T3 is the equivalent to taking ... Read More »

Hines to Build Its First Multifamily Project in San Antonio

SAN ANTONIO – Hines, the Houston-based international real estate firm, will develop a four-story, 380,000-SF multifamily project within The RIM retail power center in northwest San Antonio. The development will be Hines’ first multifamily project in San Antonio and its eighth in Texas. Located on 11.4 acres at the southwest corner of Worth and La Cantera Parkway in the northwest ... Read More »

600,000-SF Industrial Building Started at Hines’ Pinto Business Park

HOUSTON – Construction has started on a 600,000-SF build-to-suit for Emser Tile in Pinto Business Park, a north Houston commercial development owned by the Houston-based Hines real estate firm and its joint venture partners Kohlberg Kravis Roberts & Co. Pinto Business Park is located near the southwest corner of Beltway 8 and I-45 North. Emser Tile is the largest, privately-held designer ... Read More »

New Tenant Amenities Added at 64-Story Williams Tower

HOUSTON – Hines, the international real estate firm, and Invesco Real Estate, a global real estate investment manager, have announced the completion of a new fitness center at Williams Tower, the 64-story office building owned by Invesco Real Estate in Uptown Houston. The Fitness Center at Williams Tower, a members-only fitness facility serving the tenants of Williams Tower offers private ... Read More »

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