Hines Sells 100 Montgomery For Twice What it Paid

By Jon Peterson Houston-based Hines is in contract to sell the 424,000-square-foot 100 Montgomery offices in downtown San Francisco for $165 million, or more than $388 a foot, to Chicago-based Equity Office, according to industry sources. Data supplied by brokerage CBRE Inc. indicates that Hines bought the property in 2006 for $67.5 million, or 40 […]