In 2015, Hines Global REIT acquired The Summit, a portfolio of two Class A office towers (Summit I and Summit II) from Ivanhoe Cambridge. The portfolio totals 524,130 square feet and also includes a 43,413-square-foot development site (Summit III) that is fully entitled for 330,409 square feet of additional office space.
The existing towers (Summit I and II) are 11 and 13 stories, respectively, and were completed in 2002 and 2005. The fully-entitled development site (Summit III) could accommodate a 15-story, Class A office tower, and includes a completed seven-story subterranean parking garage.
On-site amenities include The Summit Room, a signature amenity that combines the functions of a lobby, building lounge and meeting area, a state-of-the-art fitness center, a conference center, Café Pogacha restaurant, and Bright Horizons childcare facility.
