Intelligent Real Estate Investments - Hines

The Adeline in Phoenix to Begin Pre-Leasing

Potential Residents Invited to Tour New Community in July; First Move-Ins Scheduled for October

(PHOENIX) – Hines, the international real estate firm, is pleased to announce that pre-leasing has begun and hard-hat tours for potential residents of Adeline — the new luxury residential high-rise community at the Collier Center in downtown Phoenix — will start in July 2021.

The firm’s signature downtown project will feature 75 studio, 179 one-bedroom and 125 two-bedroom residences and will offer spectacular views with floor-to-ceiling windows throughout its 25 stories. Located at 222. E. Jefferson Street on 1.46 acres, it’s an ideal area for residents who want to enjoy the downtown lifestyle.

The property, which is being managed by Willowick Residential, a multifamily property management firm, is scheduled to welcome its first residents in October 2021.

“We are pleased to be able to show off this exceptional property to potential residents and excited to share the incredible amenities and location that will make Adeline the ideal place to live in downtown Phoenix,” said Robert Trujillo, managing director at Hines.

Residential amenities at Adeline include high ceilings with exceptional views, Quartz countertops and stainless-steel appliances, European-style custom cabinetry, large walk-in closets, private patios and balconies and much more.

Not only will Adeline offer oversized comfortable residences that average over 1000 square feet, but it will also deliver large amenity areas including elevated outdoor courtyards, a 25-meter swimming pool, a 2,800-square-foot fitness center, an indoor great room with private and group seating, an outdoor dog park on the 10th floor and a community kitchen.

The tower will also feature large coworking areas to accommodate the new work-from-home environment with breakout areas, personal cubbies and private conference areas. In addition, Adeline will have 4,500 square feet of retail or restaurant space on the street level.

“It’s gratifying to see the vision for Adeline becoming a reality, and we’re confident that residents will be attracted to the many exceptional features this project will provide,” said Chris Anderson, senior managing director at Hines. “With all the nearby attractions and amenities combined with Adeline’s luxury living environment, Adeline will offer a unique opportunity for residents looking to enjoy an urban lifestyle.”

Potential residents can learn more about the property — including a variety of floor plans and the full list of amenities — and schedule tours by visiting www.AdelineDowntown.com.

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 225 cities in 25 countries. Hines has approximately $144.1 billion¹ of assets under management, including $75.5 billion for which Hines serves as investment manager, including non-real estate assets, and $68.6 billion for which Hines provides third-party property-level services. The firm has 165 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,426 properties, totaling over 472 million square feet. The firm’s current property and asset management portfolio includes 576 properties, representing over 246 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. ¹AUM includes both the global Hines organization as well as RIA AUM.