ICSC Elects Kenton McKeehan as New Trustee

(HOUSTON) – Hines, the international real estate firm, is pleased to announce that The International Council of Shopping Centers (ICSC) has elected Hines Managing Director Kenton McKeehan, who will serve a three-year term, as a new trustee.

ICSC announced the election of new members to its Board of Trustees at the annual meeting of members held yesterday in Las Vegas, Nevada. The newly elected members and officers join a board of 56 total industry leaders who are responsible for setting the strategic direction of the association with its more than 70,000 members worldwide.

Mr. McKeehan, as head of the firm’s Retail Resources Group, is the officer responsible for firmwide retail oversight including direct acquisition, disposition and ongoing asset management responsibility for Hines REIT, Hines Global REIT and Hines Global REIT II. With more than 25 years in the retail real estate industry, Mr. McKeehan has developed, acquired, managed or leased over 25 million square feet of space.

Retail has been in the firm's DNA since its inception, with the development of the renowned Gallerias in Houston and Dallas, the largest shopping complex in Catalonia Spain, and the first international-brand outlet mall in Russia. With almost six decades of experience in creating places for people to shop, Hines has a significant retail acquisition and redevelopment platform covering a variety of retail property types, including mixed-use; high-street; power centers; lifestyle centers; and outlet, grocery and enclosed malls. With ready capital as well as extensive leasing and marketing experience across all product categories, Hines continues to seek retail investment and development opportunities globally.

ICSC serves the global retail real estate industry. We provide our 70,000+ member network in over 100 countries with invaluable resources, connections and industry insights, and actively work together to shape public policy. For more information about ICSC visit www.icsc.org.

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 189 cities in 20 countries. Hines has approximately $96.5 billion of assets under management, including $48.5 billion for which Hines provides fiduciary investment management services, and $48 billion for which Hines provides third-party property-level services. The firm has 114 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,206 properties, totaling over 390 million square feet. The firm’s current property and asset management portfolio includes 533 properties, representing over 213 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.