M&A
confidence high
sentiment positive
materiality 0.75
Hines Global Income Trust acquires two Midwest assets totaling over $350M
HINES GLOBAL INCOME TRUST, INC.
- Left Bank: 451-unit multifamily tower in Chicago's West Loop, 94% occupied.
- Clay Terrace: 493k sq ft retail center near Indianapolis, 95% leased, Whole Foods anchored.
- Portfolio gross asset value now exceeds $6 billion following the acquisitions.
- Acquisition aligns with strategy targeting living and retail sectors with durable demand.
- Clay Terrace includes a 14.4-acre parcel entitled for multifamily development.