The building was designed by Skidmore, Owings & Merrill and developed by Hines in 2001. The seller was Sixth & Nicollet LLC, a joint venture that includes Hines and an institutional client of Morgan Stanley Real Estate. They were represented by Holliday Fenoglio Fowler LP. Westwind Capital Partners represented KanAm Grund.
Hines is a Houston-based private real estate firm involved in investment, development and property management. The company still owns a stake in Wells Fargo Center and 225 South Sixth in Minneapolis, and retains the property management and leasing assignments for 50 S. Sixth St.
KanAm US-grundinvest Fonds, launched in May 2003, for the first time enabled investors in Germany to invest in an open-end real estate fund denominated in a foreign currency (US dollars). The fund invests primarily in prestigious office properties.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.