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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.
SACRAMENTO-A consortium comprising Hines, Spyglass Partners and Antartica Capital is a step closer to acquiring 24 California state-owned office towers, located mostly in downtown Sacramento.
LOS ANGELES-Tenants today are more likely to downsize when they renew, but the guitar manufacturer is one of two Southland companies to expand its headquarters space recently.
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.
DENVER-The Children’s Hospital begins construction of a 10-story 350,000-square-foot new patient tower addition in this week’s wrap-up of deals.
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.
BIRMINGHAM, ENGLAND-Brindleyplace LP sold the offices, which are in the 17-acre redeveloped area in the Westside District here, for less than $250 million.
CINCINNATI-Bingham Farms, MI-based Dover Realty Advisors LLC is taking on distressed apartment complexes in Southern Ohio, Kentucky and Indiana. Plus more Midwest news.