Property Description

With floor-to-ceiling glass, modernized building systems, and access to the outdoors, 200 Park Place boasts a contemporary design and features wellness attributes.

  • Newly constructed building (2020) part of a master-planned, mixed-use development
  • Property exceeds local code requirements and is positioned to meet future federal mandates relative to sustainability and performance
  • LEED Operations and Maintenance Certification & WELL Health-Safety rating1
  • Fully landscaped 9th floor outdoor terrace and adjacent green space

Credit Worthy Tenancy

  • Roster of globally recognized tenants with strong credit ratings and proven operating histories. The rent roll is anchored by JLL (BBB+) and Buckeye Partners (BB) comprising 75% of the Net Rentable Area

Property Type

Office

Structure

Delaware Statutory Trust

Hines
200 Park Place DST

TX

Remaining Availability

91% Remaining

Total Funds
$157,897,574
Remaining Availability
$144,000,000
Minimum Investment
$250,000
Funded To Date
$13,897,574
Est. Hold Period
10 Years
Leverage
0.00%
Equity Raise
$157,897,574
Price/SF or Price/Unit
$767/SF

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Location Details

 
 
 

Population

2.5m

Population Growth

See PPM

About The Area

200 Park Place is located within a walkable micro-market along Houston’s inner loop and features accessibility from two of Houston’s most important infill roadways, offering uninterrupted connectivity. The upscale living, shops, and restaurants lining surrounding areas such as the River Oaks District and Highland Village are within a brief walking distance demonstrating the urban environment available at 200 Park Place.

River Oaks District is a mixed-use development that includes 300,000 square feet of “high-street” cafes, restaurants, and retail, including Cartier, Dior, and Hermes. River Oaks District has been described the “Rodeo Drive of Houston.”

Highland Village Overview

Highland Village includes 15 acres of high-end retail space along Westheimer road with a diverse tenant base and is home to Apple’s flagship store in the Houston-area.

 

Sponsor

Hines is a privately owned global real estate investment, development and management firm founded in 1957. Today, Hines is one of the largest real estate investment managers in the world. Hines has decades of expe­ri­ence devel­op­ing, upgrad­ing and man­ag­ing prop­er­ties with award-win­ning excel­lence, which sets the firm apart in its abil­i­ty to add val­ue to its investments.