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Hines: Major Lease Renewed in Downtown Houston Tower

HOUSTON – (Realty News Report) – Hines announced the signing of leases with Calpine and the Smyser Kaplan & Veselka law firm at the 717 Texas office tower in downtown Houston. The 717 Texas building is in the middle of one of the hottest high-rise construction pockets in the nation. Calpine, the largest generator of electricity from natural gas and ... Read More »

Hines Developing 46-Story Multifamily Tower in Downtown Houston

HOUSTON – (Realty News Report) – Hines is preparing to break ground on a 46-story residential tower on the site of the former Houston Chronicle parking garage. The 373-unit project – completion is slated for August 2021 – is designed by House + Partners, a Houston architecture firm. The old parking garage, which was used by Chronicle employees including this ... Read More »

Hines Developing 39-Story Tower in Dallas

DALLAS – (Realty News Report) – Hines will develop a 39-story, 344-unit apartment tower in the 75-acre Victory Park project developed by Hillwood near downtown Dallas. The 500,000-SF residential building, called The Victor, will be built across the street from American Airlines Center arena. The building, which will include 10,000-SF of retail, was designed by Munoz + Albin, a Houston ... Read More »

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 »

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