Search Results For hines

ACG Equities JV Acquires Merritt Crossing for $23M

remstaff &Globe Street | September 22, 2004

MILFORD, CT-A joint venture of ACG Equities LLC and Gotham Realty Holdings of New York City acquires the Merritt Crossing office building and an adjoining 26 acre-undeveloped parcel here for $22.9 million.

Shreve, Crump & Low Moves Into Former FAO Schwartz Location

remstaff &Globe Street | September 22, 2004

BOSTON-Shreve, Crump & Low relocates from 330 Boylston St. to 222 Berkeley St. The jewelry retailer is leasing 21,722 sf formerly occupied by FAO Schwartz. The toy retailer entered bankruptcy protection last year and closed this store.

Cousins, Myers Sell Pair of Office Buildings for $287M

remstaff &Globe Street | September 21, 2004

SAN FRANCISCO-An affiliate of Houston-based Hines Interests acquires 101 Second St., a 387,000-sf building completed in 1989, and 55 Second St., a 379,000-sf building completed in 2002. The sale marks Cousins' sixth disposition so far this year.

Opus Gets Site for 250,000-SF EPA HQ

remstaff &Globe Street | September 17, 2004

DENVER-Houston-based Hines Interests pays the US Postal Service nearly $8 million for the 56,907-sf site at the 16th Street Mall and Wynkoop Street, then flips it to Opus Northwest for close to $12.1 million.

Petrobras Inks 442,233-SF Office Lease

remstaff &Globe Street | September 16, 2004

RIO DE JANEIRO-The Brazilian national oil company leases 100% of the office space in Torre Almirante (Admiral Tower), a new 36-story 678,000-sf Downtown development here that was funded by the Emerging Markets Real Estate Fund II, a partnership of Hines and Trust Co. of the West.

Manulife Pays $222M for 191 N. Wacker Dr.

remstaff &Globe Street | September 16, 2004

CHICAGO-A joint venture of developer Hines Interests LP and California Public Employees' Retirement System gets $303 per sf for the 37-story West Loop office building completed last year.

Parts Dealer Downsizes, Relocates

remstaff &Globe Street | September 15, 2004

DALLAS-Johnson Industries, affected by a direct parts shipment to dealerships, slides into 18,510 sf or half the space of its previous location to accommodate the change. The distributor get a three-year lease; the owner, a 100% occupancy.

Insulet Expands With 54,000-SF Lease

remstaff &Globe Street | September 13, 2004

BEDFORD, MA-Insulet Corp. signs a five-year, 53,500-sf lease, for a facility at 9 Oak Park. The company, which develops medical devices, is initially subleasing from Corning and then leasing directly from William J. Callahan, the building's owner.

Mitretek HQ Sells for $93M

remstaff &Globe Street | September 10, 2004

FALLS CHURCH, VA-Mitretek Systems' headquarters building, a 253,000-sf office facility the company leases, finds a new owner as developer and owner Hines sells the property to ING Group's ING Real Estate in a $92.8-million transaction. Mitretek's lease is good until 2017.

Wachovia Forsakes Downtown for Midtown

remstaff &Globe Street | August 31, 2004

ATLANTA-In another expected hit for Downtown, the Charlotte, NC-based bank plans to move out of most of its 300,000-sf of leased quarters at the 1.2-million-sf Peachtree Tower to the recently completed SouthTrust Building at Atlantic Station. The relocation will be made when Wachovia's planned $14.3-billion acquisition of SouthTrust is completed.

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