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Hines Fund Scores Industrial Assets in NorCal, SoCal
Hines U.S. Property Partners (HUSPP), Hines’ flagship commingled U.S. core plus fund, has closed on four investments totaling approximately $200 million and spanning two key property types: industrial and alternatives. In the industrial space, the acquisitions include properties in Northern and Southern California: Warm Springs Industrial Park in Fremont and Brown Field Tech Park II in San Diego.
“Our commitment to seizing opportunities and diversifying our assets is not just a strategy, but a testament to our dedication to investor success,” said Adriana de Alcantara, HUSPP fund manager at Hines. “By carefully navigating the changing dynamics of today’s market environment and focusing on high-quality assets with strong fundamentals, we aim to fortify our position for sustained, diversified growth.”
In addition to the two California industrial properties, HUSPP has closed on the CapMed portfolio in Maryland, its first healthcare acquisition; and 301 Logistics, a fully leased industrial asset in Tampa.
Photo of Warm Springs Industrial Park courtesy of CBRE.
- ◦Sale/Acquisition


