REGIONAL OFFICES

Michael Harrison is the senior project officer responsible for the development and/or acquisition of projects and properties in Florida, the Caribbean and other markets located in the Southeastern region of the United States. Since joining Hines in 1990, Mr. Harrison has been involved in all phases of the development and/or acquisition of more than $1.8 billion of projects totaling more than 5.4 million square feet and 3,800 acres. He has been responsible for establishing Hines' presence throughout Florida and the Caribbean with projects and/or offices located in Jacksonville, St. Augustine, Orlando, Miami, Miami Beach, Coral Gables, Doral, Marco Island, St. Lucia and Puerto Rico. He has also been instrumental in establishing Hines' land and resort development platform in the Southeast and the Caribbean, including Palencia, a 2,300-acre master-planned golf course community in Jacksonville; Troumassee, a 1,100-acre luxury resort community in St. Lucia; and Punta Guyanez, a 450-acre luxury resort development in Puerto Rico. Mr. Harrison earned his Bachelor of Architectural Engineering degree from The Pennsylvania State University in 1985 and his Master of Science in Real Estate Development degree from The Massachusetts Institute of Technology in 1990.

Since joining Hines in 1990, Kurt Hartman has been involved in the development, financing, leasing and management of over 5 million square feet of office, retail and hospitality projects, and is actively pursuing new opportunities throughout the region. In his career with the firm, he has been responsible for the development and leasing of the 600,000-square-foot 2525 West End, an office, hotel and retail complex in Nashville, and of 191 North Wacker, a 750,000-square-foot, 34-story office tower in downtown Chicago. Mr. Hartman was responsible for managing the acquisition of the 300,000-square-foot One Lincoln Centre in suburban Chicago; for asset management, repositioning and disposition of the 375,000-square-foot Unisys Center in suburban Chicago; for leasing and management as part of the repositioning of the 650,000-square-foot 225 West Wacker building in Chicago; and for managing construction and operations as part of the renovation and repositioning of the 1.3-million square-foot Huntington Building in Cleveland, Ohio. He received his Bachelor of Science in Mechanical Engineering from Purdue University in 1987 and his Master of Business Administration from Case Western Reserve University in 1993.

John A. Heagy III joined Hines in 1996 and is now vice president responsible for the leasing and marketing of office projects and securing corporate services assignments in the Southeast Region of the United States. Mr. Heagy supervised the prelease and marketing of Atlanta's 380,000-square-foot One Overton Park office tower and its 800,000-square-foot 3003 and 2002 Perimeter Summit office towers. He was also director of leasing and marketing of the 3.9 million-square-foot Southeast Region office building portfolio, 554-acre Deerfield, 83-acre Perimeter Summit and 33-acre Overton Park land developments in suburban Atlanta. Mr. Heagy has been active in Atlanta's commercial real estate market since 1977. Before coming to Hines, he was director of office properties for Faison (1995-1996) where he was responsible for leasing and property management of a 5.5 million-square-foot building portfolio. Mr. Heagy served as senior officer of institutional investor service (leasing, management and development) assignments, and secured and directed more than 750,000 square feet of new service engagements. From 1982 to 1995, he was with Portman Barry Investments as senior vice president responsible for marketing and leasing of a 4.1 million-square-foot office building portfolio. Mr. Heagy also coordinated the pre- and post-leasing effort on the 1.2 million-square-foot North Park Town Center, the 580,000-square-foot Riverwood and the 1.2 million-square-foot One Peachtree Center office projects. From 1980 to 1982, he was director of leasing at Johnson Office Interests, where he was responsible for the pre- and post-leasing of the 384,000-square-foot Monarch Office Building. Mr. Heagy received his Bachelor of Arts in Political Science from the University of Georgia in 1973.

Kevin Shannahan is the managing principal and regional officer responsible for the development and asset management of projects in the Midwest and Southeast Regions of the United States and new activities throughout South America. He is also a member of the Hines Executive Committee. Since joining Hines in 1982, Mr. Shannahan has developed/redeveloped more than 18 million square feet of commercial real estate representing approximately $3 billion. He also has extensive experience in development, marketing and finance. As a project officer, Mr. Shannahan was responsible for the development and construction management of the 300,000-square-foot Vencor Headquarters in Louisville, Kentucky; the 400,000-square-foot Owens Corning Headquarters in Toledo, Ohio; the 560,000-square-foot Thomson Consumer Electronics Headquarters in Indianapolis, Indiana; the 446,000 square-foot Allen Bradley Cleveland Offices in Cleveland, Ohio; the 650,000 square-foot AEGON Center in Louisville, Kentucky; the 1.1 million-square-foot Huntington Center in Columbus, Ohio; the 1.5 million-square-foot NationsBank Center in Houston; and the 2 million-square-foot Texas Commerce Tower in Houston. He received his Bachelor of Science in Mechanical Engineering from Cornell University in 1978 and his Master of Business Administration from Harvard Graduate School of Business in 1982.