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The 0.832-acre parcel is a transit-oriented infill site that is zoned for mixed use development, according to JLL, which brokered the transaction between Bijou Properties and the seller Kensington Senior Living.
Real Estate Forum is seeking professionals and firms who have helped shape the CRE finance industry. The nomination deadline is fast approaching at October 11th.
The new structure for the investment management platform will strengthens Hines' ability to develop, acquire and operate real estate assets globally in partnership with institutional and retail investors.
The mixed-use project comprised of residential, office and retail will be constructed on one of the last remaining undeveloped corner tracts in the Katy Freeway corridor between 610 and Beltway 8.