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Hines Taps David Weekley Homes and Ashton Woods Homes for New Tampa MPC

TAMPA, Fla. – Hines, Houston-based real estate firm, has announced that Ashton Woods Homes and David Weekley Homes will build houses in Hines’ new master-planned community in Tampa. Hines recently acquired 536-acre Behnke Ranch property in Tampa, on which the firm will develop a signature mixed-use, master-planned community, will now be named Asturia. Asturia has approved zoning and entitlements in ... Read More »

Hines Opening an Office in Greece

HOUSTON – Hines, the international real estate firm based in Houston, is opening an office in Greece. Greece has been in a recession for six years and in the first quarter of the year, Greece’s jobless rate stood at 27.8%. But there are projections of improvement and analysts say Greece bottomed out in 2013. Hines said Paul Gomopoulos has been ... Read More »

Hines to Build 40-Story Tower in Downtown Denver

DENVER – Hines, the Houston-based real estate firm, announced plans for a new 40-story office tower in Denver, the first building of that magnitude to be built in the Mile High City in nearly three decades. “We are very excited about introducing this new icon to the Denver skyline. 1144 Fifteenth will set a new standard for Denver’s high-rise office ... Read More »

Hines Announces Construction Start for 48-Story Tower in Houston; One of the Largest Spec Projects in the World

HOUSTON – Hines, the Houston-based international real estate firm, has announced the start of construction of a downtown Houston skyscraper, one of the largest “spec” office projects  in the world. The Hines project, 609 Main at Texas, will be a 48-story, 1,050,000-square-foot office tower at the corner of Main and Texas streets in Downtown Houston. Hines had been planning a ... Read More »

Hines Sells Mexico Portfolio to Fibra Uno

MEXICO CITY – The Mexico City office of Hines, the Houston-based real estate firm, announced the sale of a portfolio of five industrial properties and one retail center to Fibra Uno, a Mexico-based real estate investment trust.  Savills represented Hines in the transaction, while Fibra Uno was self-represented. The 100 percent leased industrial portfolio consists of five properties with 1.3 ... Read More »

Hines Sells Hartford Tower

HARTFORD, CONN. – Hines, the Houston-based international real estate firm, has sold One State Street, a 24-story office building in Hartford to The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re.  HSB is the major tenant and has its corporate headquarters in the landmark building overlooking the Connecticut River. The 500,000-sf office building was designed by ... Read More »

New Office Tower in Downtown Houston Awarded LEED V4 Platinum – a New LEED Category

HOUSTON – The proposed 35-story Capitol Tower in downtown   Houston has been awarded with the new LEED v4 Platinum pre-certification, one of only three core and shell projects in the to be pre-certified under the new standards. Skanska is tearing down the old Houston Club building, which will be replaced by Capitol Tower, is a 35-story 750,000-SF office tower ... Read More »

Google Leases Space in Hines Building in Italy

MILAN – Hines Italia SGR, a leader in the management of Italian and international real estate funds, announced that Google has signed a 53,800-square-foot lease for its Italian offices at Porta Nuova, the Hines mixed-use development in Milan, Italy. Google will consolidate its Italian operation in the Porta Nuova Isola building, an 11-story, 107,600-square-foot office building that is part of Porta ... Read More »

Hines and Oaktree Acquire 40 Buildings Near Kansas City

LENEXA, Kan. – Hines, the Houston-based real estate firm, in conjuction with Oaktree Capital Management, has acquired the Southlake Technology Park and Lenexa Industrial Park – a total of 40 buildings and 70 acres of land near Kansas City, Mo. The two commercial real estate parks comprise 1.67 million SF located near the intersection of Interstate 35, Interstate 435 and ... Read More »

Historic Property: One of the Last Art Deco Buildings to be Built in Houston will be Managed by Hines

HOUSTON –  The Hines real estate firm  has been retained to manage one of the last Art Deco buildings constructed in Houston, the former City National Bank building at McKinney and Main in downtown Houston. At 23 stories, the building is overshadowed by skyscrapers twice its size today.  But when it was built in 1947, the tower was a key ... Read More »

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