Home INDUSTRY news Hines REIT Completes $1.162BN Sale of Office Assets
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Hines REIT Completes $1.162BN Sale of Office Assets

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U.S. Department of Commerce’s Economic Development Administration, Sonoma County Economic Development Board Foundation, Santa Rosa,
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Sale marks major step in execution of shareholder-approved liquidation plan (HOUSTON) – Hines Real Estate Investment Trust, Inc. (“Hines REIT") announced today it has completed the sale of seven West Coast office assets to a Blackstone affiliate for $1.162 billion. Shareholders approved the board-recommended plan to liquidate and dissolve Hines REIT during its annual shareholder […]

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