M&A
confidence high
sentiment positive
materiality 0.60
HGIT acquires 405 Colorado (Austin) and Wicker Park Commons (Chicago) for $221M
HINES GLOBAL INCOME TRUST, INC.
- 405 Colorado: $151M, 206k sq ft Class AA office, 100% leased to JPMorgan, Bain, AllianceBernstein.
- Wicker Park Commons: $70M, 183k sq ft retail, 99% leased, anchored by Jewel-Osco and Lowe's.
- Portfolio gross asset value ~$6.4B as of May 2026; acquisitions align with trophy office and necessity-based retail strategy.
- U.S. office fundamentals improving: 7M sq ft net absorption in 12 months through Q1 2026, three consecutive positive quarters.