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Kirkland & Ellis Signs Initial Lease in New Hines Tower in Houston

HOUSTON – Hines has landed the Kirkland & Ellis law firm as its initial tenant in the 48-story office tower it is developing in downtown Houston. Hines, the international real estate firm, announced Kirkland & Ellis LLP has signed a 62,000-square-foot lease at 609 Main at Texas building. Kirkland & Ellis was represented in lease negotiations by Chad Baker and ... Read More »

Champions Pipe Leases Office Space in Greenspoint

HOUSTON – Champions Pipe & Supply has leased space at 4 Greenspoint Place, a Hines office property, according to Colvill Office Properties. 4 Greenspoint Place, a 403,384-square-foot Class A office building, is located in the 36-acre Greenspoint Place mixed-use office/retail development at 16925 Northchase Drive. The buildings at Greenspoint Place, originally developed by Friendswood Development, were completed between 1978 and ... Read More »

Bracewell & Giuliani Re-Ups at Pennzoil Place

HOUSTON – The Bracewell & Giuliani law firm has signed a 189,061-square-foot long-term lease renewal at Pennzoil Place, the twin trapezoidal towers that are considered the some of the most architecturally significant office buildings in downtown Houston, and in the entire state of Texas. Developed by Hines Interest some 40 years ago, Pennzoil Place was dubbed the Building of the ... Read More »

Hines Buys Houston Chronicle Property in Downtown Houston

HOUSTON – The Hines development firm has acquired the Houston Chronicle’s downtown property, which is viewed as a potent high-rise development site for the future after the old newspaper building is demolished. “Given the site(s) adjacency to the business and theater districts and the proximity to Market Square, we consider this one of the most strategically-connected locations for future development ... Read More »

Kinder Family/Foundation Leases Top Floor of Hines’ River Oaks Area Building

HOUSTON – The Kinder Family Office has leased the top floor of San Felipe Place, a Class A boutique office building developed by Hines located at 2229 San Felipe, near the upscale River Oaks community. The lease includes significant facility space provided for the Kinder Foundation, a private philanthropic foundation founded by Rich and Nancy Kinder. The foundation has supported ... Read More »

Hines Project Gets ‘WiredScore’ Certification for Internet Connectivity

MINNEAPOLIS – Hines, the Houston-based real estate firm, announced that its new T3 office project has become the first office building in Minneapolis to receive preliminary WiredScore certification. “Strong Internet connectivity is becoming increasingly critical to the day-to-day operations of any business,” said Arie Barendrecht, CEO and co-founder of WiredScore. “T3’s Wired pre-certification ensures that tenants will have access to ... Read More »

Texas Leasing Magnate: The Q & A with Chip Colvill

Colvill Office Properties is an owner’s representative company specializing in office building leasing in Houston and Dallas. Colvill’s high-profile Houston assignments include Hines’ 48-story spec project under construction on Main Street and Frank Liu’s redevelopment of the downtown Post Office property. Colvill currently oversees a large portfolio of Class A office space in the nation’s fourth largest city and the ... Read More »

Hines New York Condos Priced from $3 Million to $70 Million in Upscale Site Next of MoMA

NEW YORK – Home prices in Hines’ new condominium tower next to the Museum of Modern (MoMA) in New York will range from $3 million to $70 million. The Houston-based real estate firm, together with development partners Goldman Sachs Investment Group and Singapore-based Pontiac Land Group, announced the grand opening of the sales gallery for the tower, called 53W53. The 1,050-foot-high ... Read More »

Hines, Institutional Partner Buy Atlanta Project for $195M

ATLANTA -– Hines, the Houston-based real estate firm, on behalf of an institutional investor, closed on the acquisition of Town Center at Atlantic Station retail center in the Midtown area of Atlanta. The 586,000-square-foot Town Center anchors a mixed-use development, situated on the former Atlantic Steel site, which also includes three Class A office towers, several multifamily communities, a full-service ... Read More »

Hines Florida Update: David Weekley and Ashton Woods Break Ground on Model Homes in Tampa Project

TAMPA – David Weekley Homes and Ashton Woods have broken ground on model homes in Asturia, a mixed-use, master-planned community in Tampa, Fla. Hines’ master plan for Asturia includes retail, office, multifamily and a variety of single-family residential offerings with an parks, a trail network, and recreational facilities. Hines has commenced marketing the retail, office and multifamily sites to developers, ... Read More »

Houston Chronicle’s Demolition to Clear Way for Hines’ Next Addition to Houston Skyline

HOUSTON – Hines, one of the world’s most successful skyscraper developers, is expected to acquire the Houston Chronicle’s downtown property later this year and demolish the newspaper building. But with the Houston office market headed for the doldrums it will be years before the Chronicle site, 801 Texas Avenue, will have a new skyscraper on it.  A groundbreaking in 2018, ... Read More »

ULI Houston: How Realty Will Fare in Energy Downturn

HOUSTON – Falling oil prices are squeezing the real estate markets in Houston, although some sectors are performing well in spite of the downturn, according to panelists at the Urban Land Institute luncheon Tuesday. The roughest spot: the Houston office market, particularly the Energy Corridor, where new buildings are being completed as energy companies trim their workforces. The brightest spot: ... Read More »

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