The building was designed by Skidmore, Owings & Merrill and developed by Hines in 2001. The seller was Sixth & Nicollet LLC, a joint venture that includes Hines and an institutional client of Morgan Stanley Real Estate. They were represented by Holliday Fenoglio Fowler LP. Westwind Capital Partners represented KanAm Grund.
Hines is a Houston-based private real estate firm involved in investment, development and property management. The company still owns a stake in Wells Fargo Center and 225 South Sixth in Minneapolis, and retains the property management and leasing assignments for 50 S. Sixth St.
KanAm US-grundinvest Fonds, launched in May 2003, for the first time enabled investors in Germany to invest in an open-end real estate fund denominated in a foreign currency (US dollars). The fund invests primarily in prestigious office properties.
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