Hines REIT to Dissolve, Sell 7 West Coast Assets for $1.162B Including 3 in Bay Area

Hines Real Estate Investment Trust, Inc. (“Hines REIT” or the “Company”), one of three public non-listed REITs sponsored by Hines, announced today that its board of directors unanimously voted to approve a plan for liquidation and dissolution of the Company. The plan, which is subject to stockholder approval, takes advantage of the current strong demand […]