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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.
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The joint venture plans to demolish an industrial warehouse and a two-unit apartment building on the site to make way for the project.
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Billed as the second-tallest commercial building in the District, the property's lender is now marketing the property as a residential conversion play.
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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.
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Fifty-one tenants signed onto the lawsuit over an incident that occurred in June.
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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.
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Hines has opened its European HQ at Covent Garden, with the Grainhouse, which is fully pre-let, having been developed by the investor.
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Hines confirms it is selling Russian assets a year after the country's invasion of Ukraine.
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Rockefeller Group hired Philip Croker, a Houston-based former senior managing director for Hines, to lead its Southwest region, marking an expansion into Texas.
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Hines is eyeing more than 650K SF of new offices at Atlantic Station.
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The development is poised to benefit from a population surge.
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