(PHOENIX) – Hines, the international real estate firm, today announced the renewal of the U.S. Attorney’s 72,980-square-foot, long-term lease at Renaissance Square, where it has been located for 15 years.
The U.S. Attorney’s Office employs 280 staff members, including 120 attorneys, on floors 15-18 of Two Renaissance Square, a property owned by Hines.
“We are very pleased that the U.S. General Services Administration, which oversees the U.S. Attorney’s Office, has renewed the U.S. Attorney’s lease at Renaissance Square, as it is a valued long-term tenant,” said Steve Hamel, Hines’ General Property Manager. “Renaissance Square’s convenient downtown address and proximity to courthouses make it an attractive business location for legal professionals.”
Patrick Devine with Cushman and Wakefield and Chad Habeeb with FD Stonewater represented Hines in the transaction. Carpenter Robbins Commercial Real Estate represented the tenant.
Hines is a privately owned global real estate investment firm founded in 1957 with locations in 185 cities in 19 countries. Hines has $84.9 billion of assets under management, including $42.7 billion for which Hines provides fiduciary investment management services, and $42.2 billion for which Hines provides third-party property-level services. In 2014, Hines completed over $8 billion in transactions on behalf of its investment management clients. The firm has 104 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired more than 1,000 properties, totaling over 339 million square feet. The firm’s current property and asset management portfolio includes 511 properties, representing over 176 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.