Hines Global Income Trust acquires $309M in East Coast industrial assets

HINES GLOBAL INCOME TRUST, INC.

Acquired three properties: Georgia International Trade Center (2.2M sq ft, 100% leased), Upton Crossing (215K sq ft, 81%), and I-85 Logistics Center (408K sq ft, 100% leased).
Total consideration $309M; I-85 purchased for $40.7M on May 23.
Portfolio valued at $4.58B as of April 30, 2025; industrial and living sectors two-thirds of holdings.
Georgia International Trade Center wholly leased to Fortune 50 home improvement retailer and global 3PL; acquired via DST program.
Acquisitions sourced by Hines’ Sunbelt and East industrial teams; seller of GITC and Upton Crossing was The Davis Companies.

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