Hines to Earn 5 Percent on Rialto Building

By Jon Peterson Houston-based Hines expects to achieve an initial return of approximately 5 percent on its purchase of the 135,500-square-foot Rialto Building at 116 New Montgomery St. in San Francisco. That is more than 100 basis points higher than Prudential Real Estate Investors accepted at 100 Spear St., said Cameron Falconer, a senior managing […]