Hines, Calare Propose 316-Unit Allston Multifamily Project
The joint venture plans to demolish an industrial warehouse and a two-unit apartment building on the site to make way for the project.
The joint venture plans to demolish an industrial warehouse and a two-unit apartment building on the site to make way for the project.
Billed as the second-tallest commercial building in the District, the property's lender is now marketing the property as a residential conversion play.
The new heads for Hines' D.C., New York and Boston offices were elevated as the firm looks to grow its multifamily, industrial and mixed-use portfolios.
Fifty-one tenants signed onto the lawsuit over an incident that occurred in June.
A Morgan Stanley fund paid $1.2B for the mall in 2013, and a few months later sold a stake, reportedly 50%, to the Hines CalPERS Russia Long Term Hold Fund.
Hines has opened its European HQ at Covent Garden, with the Grainhouse, which is fully pre-let, having been developed by the investor.
Hines confirms it is selling Russian assets a year after the country's invasion of Ukraine.
Rockefeller Group hired Philip Croker, a Houston-based former senior managing director for Hines, to lead its Southwest region, marking an expansion into Texas.
Hines is eyeing more than 650K SF of new offices at Atlantic Station.
The development is poised to benefit from a population surge.
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