IRVINE, CA-The new 12-story 261,000-sf project is called 2211 Michelson and is the first ground-up development in Orange County for Hines. The Houston-based firm will develop the project on a 1.2-acre site.

SILVER SPRING, MD-Station Square, the 490,000-sf multi-structure office complex at the core of the Downtown area here, comes under new ownership. Hines and CalPERS acquires the 490,000-sf site.

HOUSTON-After waiting 17 months for the right deal to come along, National Office Partners LP turn over keys to a local energy holding company for its HQ. The sellers aren't saying what they got, but five years ago they paid $217.1 million or $167 per sf.

CHICAGO-Mittal Steel USA's 10-year lease at 1 S. Dearborn St. totals about $12 million, with another $6.5 million in tenant improvements needed for the 53,400 sf on the 18th and 19th floors of Hines Interest's latest Downtown project.