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SAO PAOLO, BRAZIL-The partnership has sold off all nine properties in HCB LP I, bringing in $160 million, 60% more than the equity it invested. Another fund is planned by September.
SANTIAGO, CHILE-In the first foray for Hines into Chile, Union Investment has asked Hines to manage the Torre Paris, Bandera 76, Teatinos 254 and the Xerox buildings here.
MARLBOROUGH, MA-Boston-based Belrose Capital, a real estate arm owned by Eaton Vance Corp., is selling an office complex spanning 532,246 square feet at 100 Campus Drive in Marlborough.
DENVER-Industry sources tell GlobeSt.com that Hines sheds the LEED Gold-certified 1515 Wynkoop to American Realty Advisors for between $115-million and $120-million.
MUNICH-The former SZ newspaper office building is being redeveloped into a 455,800-square-foot property, with the clothing retailer taking the bottom three floors.
BERLIN-The Hines Pan-European Core Fund has purchased Schlossstrasse 20, a mostly retail property, leased to German sporting goods retailer SportsScheck as its flagship store.