Tag Archive | "Hines"
Oklahoma City Gets Landmark Office Tower
In a sign of the continued strength of the energy sector, the Urban Renewal Authority of Oklahoma City has approved plans for a 54 story office tower for the headquarters of the Devon Energy Corp. Devon, a leading oil and gas exploration and production company, has hired Hosuton based Hines Interests to manage the development. CPN [...]
Continue reading...Leed Valuation Premium May Be For Real
Friday, July 18, 2008
Earlier this year CoStar released a study indicating that nationwide, LEED certified properties have 4.1% higher occupancy, earn $11.33 more in annual rent, and sell for $171 more per square foot than standard properties. While the appraisal community has cast the study as unreliable, the California Real Estate Journal reports that the CoStar study’s results [...]
Continue reading...Hines Gets Green Light for $3 Billion Stock Offering
Monday, July 7, 2008
Source: Houston Business Journal Hines Real Estate Investment Trust Inc. has announced they have received regulatory approval for a $3 billion stock offering, as reported in the Houston Business Journal. This third offering of Hines REIT consists of $3 billion in shares of common stock initially priced at $10.66 [...]
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Monday, August 25, 2008
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