HOUSTON-The just-formed first-time partnership between Weingarten Realty and Hines Real Estate Investment Trust will help one's return on equity while enhancing the other's portfolio to the tune of 1.5 million square feet.

HOUSTON-Hines is taking a 70% stake in a 12 supermarket-anchored shipping center portfolio totaling 1.5 million square feet. Weingarten will continue managing the assets.

CHICAGO-The private equity investment firm has leased the 24,000-square-foot top floor of the 50-story office tower at 444 W. Lake St., being developed by Hines Interests.

BRIDGEPORT, NJ-Cornerstone Realty now owns Pureland VI, which is fully occupied by medical device supplier Becton, Dickinson.