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JPMorgan Chase provided the new loan and the previous $430M loan on the downtown D.C. property.
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Bank OZK provided the loan to build FAT Village, which will include 180K SF of office space, 601 apartments and 70K SF of retail space.
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The facilities in Garland and Frisco will add to the company's growing self-storage portfolio in DFW.
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Hines is moving into new sectors in the UK, driven by supply-demand dynamics.
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Hines said the retail sector has now 'rightsized'.
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After investing in UK student housing, Hines is making its first BTR deal.
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The transformation will add 500K SF to the center's south side and includes a new skybridge to the Toyota Center arena plus new restaurant and retail venues.
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Global law firm Jones Day will take up 41K SF on the 23rd and 24th floors of the 1.2M SF mixed-use project.
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This week in Houston real estate news.
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Self-storage is gaining steam with Hines, which has tried to diversify its holdings in recent months.
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