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Hines Lands Tenant in New South Houston Industrial Park – German Firm Dräger Leases Space

HOUSTON – Dräger, a German equipment manufacturer, has leased space in the new Hines industrial park on Beltway 8 in south Houston. André Granello, Managing Principal, and Ray Lopez, Senior Advisor, with Cresa represented Dräger in the lease transaction. Jim Foreman with Cushman and Wakefield represented the developer, Hines. Dräger leased 37,651-SF in Hines’ Beltway Southwest Business Park, which is ... Read More »

Redevelopment of Greenspoint Mall?

HOUSTON – Greenspoint Mall, once one of the premier regional malls in Texas, is being marketed as a redevelopment opportunity. Greenspoint Mall, which opened in 1976, was a retail powerhouse in its heyday. However, the 1.4 million square foot north-Houston mall was bypassed long ago by The Woodlands Mall as growth moved northward. Lord & Taylor, J.C. Penney, Montgomery Ward ... Read More »

Realty News Report Awards: The Best Residential Project of the Year

Ralph Bivins’ Realty News Report Awards – The Best of Houston 2015 Realty News Report editor Ralph Bivins has selected the most significant projects, deals and ideas of the Houston real estate market for 2015. These aren’t necessarily the largest or the first. But the deals point to future trends, potential gold mines, noble visions and notable accomplishments by the ... Read More »

Hines Tops Out 52-Story Tower in Chicago

CHICAGO – Hines, the international real estate firm, has celebrated the topping out of River Point, a 52-story office tower being developed by Ivanhoé Cambridge, Hines and Levy Family Partners. The 1.1-million-square-foot building is located in Chicago’s West Loop submarket and is designed by Pickard Chilton. The building has been designed to achieve LEED Gold. The general contractor is Lendlease. Ivanhoé ... Read More »

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 »

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