JPMorgan Chase provided the new loan and the previous $430M loan on the downtown D.C. property.
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.
The facilities in Garland and Frisco will add to the company's growing self-storage portfolio in DFW.
Hines is moving into new sectors in the UK, driven by supply-demand dynamics.
Hines said the retail sector has now 'rightsized'.
After investing in UK student housing, Hines is making its first BTR deal.
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.
Global law firm Jones Day will take up 41K SF on the 23rd and 24th floors of the 1.2M SF mixed-use project.
This week in Houston real estate news.
Self-storage is gaining steam with Hines, which has tried to diversify its holdings in recent months.
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