Hines has sold WaterWall Place, a multifamily development adjacent to the Galleria and Williams Tower.
HOUSTON – (Realty News Report) – Hasta Capital has acquired WaterWall Place, a seven-story, 316,000-sf, 322-unit for-rent residential project in Uptown Houston, adjacent to the Galleria mixed-use development.
Hines developed the apartment building, located on a three-acre site at the northeast corner of Hidalgo Street and McCue Road, overlooking the Gerald D. Hines Waterwall Park, next to the 64-story Williams Tower.
WaterWall Place was the first of several multi-family projects Hines developed in Houston. The development, designed by Wallace Garcia Wilson with Jackson Ryan as design architect, was completed in 2014.
