DURHAM, NC-Hines, a Texas-based real estate company, has finally inked a deal to acquire the 12-story Hock Plaza I office tower in Durham for $98.05 million from Brickman Associates of New York, a realty private-equity company, on September 9.

TORONTO-Hines will help Waterfront Toronto with the 10-acre Bayside development site, with 1,700 condos and apartments, 450,000 square feet of office and 200,000 square feet of retail.

CHICAGO-Hines has sold its 60-story 300 N. LaSalle building in the River North downtown submarket to this Newport Beach, CA-based REIT. The property sold for almost $504 per square foot, a city record.