
Transactions: Hines closes on $97.9M acquisition
SUBSIDIARY BUYS DUKE UNIVERSITY-ANCHORED HOCK PLAZA I IN DURHAM, N.C. By Murray W. Wolf Hines Global REIT Properties LP recently closed on the previously announced acquisition of the 12-story, 327,160 square foot (rentable) Hock Plaza I at 2424 Erwin Rd. in Durham, N.C. The net purchase price was $97.9 million, exclusive of transaction costs, financing fees […]