August 21, 2014 5:09 AM ET

Capital Markets

Company Overview of Hines Interests Limited Partnership

Company Overview

Hines Interests Limited Partnership is a real estate investment firm. It provides real estate investment, development, and management services. It manages investment funds for public and private pension funds, foreign governments and investment authorities, foundations, endowments, high net-worth individuals, and individual investors. The firm develops office and retail properties, sports complexes, and arts facilities. It also offers property and facility management services, including asset management, finance/accounting, acquisition/disposition, construction management, marketing/leasing, development/redevelopment, real estate and market assessments, energy management, asbestos abatement,...

Williams Tower

2800 Post Oak Boulevard

Houston, TX 77056-6100

United States

Founded in 1957

Phone:

713-621-8000

Fax:

713-621-8000

Key Executives for Hines Interests Limited Partnership

Co-Owner
Age: 59
Chief Financial Officer and Executive Vice President
Age: 65
Senior Vice President
Senior Managing Director and Chief Executive Officer for Southwest USA and Mexico
Compensation as of Fiscal Year 2014.

Hines Interests Limited Partnership Key Developments

Hines and the TFI US Real Estate Fund Chooses Bozzuto Management Company to Market and Manage the Apartment Community

Hines and the TFI US Real Estate Fund announced that they have chosen prominent real estate services firm Bozzuto Management Company to market and manage the apartment community at the landmark, mixed-use CityCenterDC development in Downtown Washington, D.C. The Apartments at CityCenter, comprised of 458 residences, respond to the District's growing demand for well-appointed apartment homes in convenient locations, featuring meaningful amenities that will enhance the daily living experience. With restaurants, shops, major employers and Metro rail stops within a short walk, The Apartments at CityCenter will set a new standard for urban living in D.C. The Apartments at CityCenter will be introduced to the market later this summer and will be available for occupancy in the fall 2013. The apartments will offer dramatic floor-to-ceiling windows, spacious layouts and open kitchens, along with amenities that include a rooftop swimming pool, lounge, gardens and terraces, a clubroom with billiards and televisions for entertaining, a dog-walk area, and a two-story, 5,500-square-foot fitness facility with a yoga room. The Apartments at CityCenter will be served by an underground parking garage. The Apartments at CityCenter have been designed by the well-respected architectural firm Shalom Baranes Associates. Landscape architect Lee and Associates had responsibility for the design of rooftop amenities, terraces and other common areas. The Apartments at CityCenter are one of five major components of CityCenterDC. The mixed-use development also includes 216 luxury condominium residences, 520,000-square feet of Class A office space, and more than 60 shops and restaurants, in properties designed by internationally renowned architects Foster + Partners and the D.C.-based Shalom Baranes Associates. In addition, CityCenterDC will also feature a 370-room hotel.

Qatar Reportedly Eyes Stake In Porta Nuova Business District

Qatar is holding discussions regarding acquiring some or all of Milan's newly built Porta Nuova business district from Hines Interests Limited Partnership, several sources said. A property sector source said that other investors had looked at Porta Nuova, however no formal sale process has been announced for the estate of offices and high-end apartments. "The timing has been bad and Hines is keen to cut its exposure or get out at the right price," one source stated.

Hines Announces Executive Changes

Hines announced that Charles N. Hazen, a senior managing director and divisional CEO in the firm's investment management group, will retire from certain president and CEO positions effective March 15, 2013. Hazen will remain with the company for a year. Sherri W. Schugart, a senior managing director, has been named as Hazen's replacement and will assume the president and CEO responsibilities for several investment funds sponsored by the company.

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