Hines’ MainPlace in Downtown Houston Tops Out - Hines

Hines’ MainPlace in Downtown Houston Tops Out

(HOUSTON, TEXAS) – Hines, the international real estate firm, announced today the structural completion of the 46-story, 972,000-square-foot office tower, MainPlace, located at 811 Main Street in downtown Houston.

Façade installation, interior construction and mechanical work continues. Construction on the tower began in March 2008, and grand opening is scheduled for January 2011.

Hines Senior Vice President John Mooz commented, “We challenged our general contractor, D.E. Harvey Builders, with an aggressive construction schedule. After a three-year construction duration, we’re pleased that the building will be delivered a month early. Now that the building stands at its full height, views of the tower and those from within are equally amazing. We knew it was a special site with fantastic view corridors, but it surpassed our hopes.”

To commemorate the topping out milestone, more than 200 of Houston’s top brokers, city officials and VIPs from the tenant community attended an event yesterday on the tower’s 34th level. Guests were treated to exquisite cuisine, spectacular panoramic city views and tours of model offices built out for the occasion. Building architect Jon Pickard was in attendance as were the City of Houston’s new Director of Sustainability Laura Spanjian and Gerald D. Hines.

MainPlace, designed by the internationally recognized architectural firm of Pickard Chilton, will contain 960,000 square feet of office space, 12,000 square feet of retail space and an integrated, 1,150-car parking garage. MainPlace, located on the METRO Rail line, sets to redefine this area of downtown Houston with its iconic architecture, including a dramatic 39th floor sky garden recessed into the building’s form that reveals planted terraces and a five-story crystalline atrium. The project will contribute to the continued revitalization of Main Street and the heart of the CBD.

Hines Executive Vice President and CEO of the firm’s Southwest Region Mark Cover said, “We’re please to be well on the way to delivering the next generation of sustainably designed buildings to Houston’s CBD. The building’s architecture and sustainable features are definitely resonating with brokers and prospective tenants.”

MainPlace is continuing Hines’ ongoing commitment to the environment and leadership in sustainable building design and is pre-certified at the LEED® Silver level by the U.S. Green Building Council (USGBC).

Hines is developing the project through its Hines CalPERS Green fund (HCG), which focuses exclusively on developing sustainable office buildings throughout the U.S. certifiable through the USGBC Leadership in Energy and Environmental Design Core and Shell (LEED-CS) program.

Upon completion, it is expected that MainPlace will qualify for LEED Gold certification at minimum.

Director of Leasing Stewart Robinson reported that the tower’s top four floors have been pre-leased to KPMG LLP, the U.S. audit, tax and advisory firm, and

conversations with additional tenants are ongoing.

About Pickard Chilton

Pickard Chilton is noted for its expertise in the design of corporate and professional office buildings. Recently completed projects include: 1180 Peachtree, a 50-story Hines development in Atlanta; and the CalPERS headquarters complex in Sacramento. The firm maintains a global practice and is currently designing corporate headquarters and skyscrapers in Houston, Montreal, Kuala Lumpur and Shanghai. Prior to founding Pickard Chilton, Jon Pickard was Senior Associate with Cesar Pelli & Associates, and collaborated with Mr. Pelli on landmark projects including the Petronas Towers in Kuala Lumpur, Malaysia.

About HCG

In September 2006, Hines formed Hines CalPERS Green (HCG) development fund. It is capitalized with more than $275 million of committed equity, having the ability to invest over $1 billion.

About CalPERS

CalPERS is the nation’s largest public pension fund with assets totaling $198 billion, of which nearly $15 billion is invested in real estate. The System provides retirement and health benefits to more than one million state and public employees and their families. For further information on CalPERS, visit the System’s Web site at www.calpers.ca.gov.

About Hines

In downtown Houston, Hines has developed 23 projects totaling approximately 17 million square feet. MainPlace represents the latest addition to the skyline since Hines’ 717 Texas building was completed in 2003.

Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,111 properties representing more than 451 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in more than 100 cities in 17 countries, and controlled assets valued at approximately $22.2 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED®, ENERGY STAR®, BREEAM in the United Kingdom, France’s Haute Qualité Environnementale and with the German Sustainable Building Council. Visit www.hines.com for more information.

Contact Hines

Headquarters

Global Headquarters

2800 Post Oak Blvd.
Houston, TX 77056-6188
United States
1 713 621 8000
Contact Hines

European Headquarters

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

Regional Offices

U.S. East Region

345 Hudson Street
12th Floor
New York, NY 10014
United States
1 212 230 2300

U.S. Midwest Region

444 West Lake Street
Suite 2400
Chicago, IL 60606
United States
1 312 419 4900

U.S. Southeast Region

5 Ravinia Dr NE
Atlanta, GA 30346
United States
1 770 206 5300

U.S. Southwest Region

609 Main St.
Suite 2400
Houston, TX 77002
United States
1 713 237 5600

U.S. West Region

101 California Street
Suite 1000
San Francisco, CA 94111
United States
1 415 982 6200

Asia Pacific Region

1 Connaught Road, 28F
Central, Hong Kong

Eurasia Region

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

European Region

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

International Offices

Australia

20 Hunter St
Level 10
Sydney, NSW 2000
Australia
61 2 9232 3137

Brazil

Av. das Nações Unidas, 12901
Torre Norte - 6 ° andar
São Paulo 04578-910
Brazil
55 11 5504 7600

Canada

200 King Street West
Suite 1805
Toronto, ON M5H 3T4
Canada
416 595 1949

China

Suite 333, Hyundai Motor Tower
38 Xiaoyun Road, Chaoyang District
Beijing, PRC 100027
China
8610 8453 8855

France

66 Avenue Charles de Gaulle
Neuilly-sur-Seine, IDF 92522
France
33 1 41 45 80 80

Germany

Hines Immobilien GmbH
Joachimsthaler Str. 1
D - 10623 Berlin
Germany
49 30 726241 100

Greece

Voukourestiou 19
Athens 106 71
Greece
30 210 364 7895

India

One Horizon Center
12th Floor
Gurgaon, Haryana 122002
India
91 124 480 2222

Ireland

Block 2, First Floor
Clanwilliam House, Clanwilliam Place
Dublin 2
Ireland
353 1 7999900
Dublin.OfficeAdmin@hines.com

Italy

Via Broletto, 35
Milan 20121
Italy
0039 02 8962921

Japan

Akasaka K Tower Level 4
1-2-7 Motoakasaka, Minato-ku
Tokyo 107-0051
Japan
81 90 9854 5236

Luxembourg

35 F, John F. Kennedy
Luxembourg L-1855

352 264 337 1

Mexico

Torre del Angel
Reforma 350
Mexico D.F. 06600
Mexico
52 55 52428809

The Netherlands

Gustav Mahlerplein 28
Amsterdam, NH 1082 MA
Netherlands
31 6 30 70 81 29

Nordic Countries

Forbindelsesvej 4
Copenhagen 2100
Denmark
44 7815 285 191

Panama

Torre B Piso 15
Torre de las Americas
Punta Pacifica, Panama City
Panama
507 028 20 7375

Poland

Prosta Street 68
Warsaw 00-838
Poland
48 22 351 2400

Russia

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

Spain

Sor Ángela de la Cruz, 2° - 2° C
Edificio Cuzco III
Madrid 28020
Spain
34 91 703 00 23

South Korea

Glass Tower, Level 20
534 Teheran-ro, Gangnam-gu
Seoul 06181
Republic of Korea
82 2 3439 9141

United Kingdom

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900