Hines Global Income Trust acquired 200 Park Place, a Class A office tower in Houston, Texas from Stonelake Capital Partners. The building totals 206,943 square feet and is located in the city’s River Oaks District submarket.

Completed in 2020, 200 Park Place features 15 stories of office space with such features as a building concierge, a ninth-floor amenity level with a tenant lounge, conference center and 6,000-square-foot outdoor landscaped terrace and an upscale sushi restaurant on the ground level. The property was built with sustainability and ESG in mind and features floor-to-ceiling glass, state-of-the-art building systems, fully electric office space with the potential to integrate solar power and a variety of health and wellness activities in the adjacent outdoor space. The fully leased property, anchored by JLL, has a diversified rent roll with a variety of finance, insurance, real estate, midstream energy and renewables tenants.

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