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Hines Global REIT II to acquire 2 Ohio shopping centers in $190M deal

September 28, 2016

Hines Global REIT II to acquire 2 Ohio shopping centers in $190M deal

September 22, 2016 | By | SNL

Hines Global REIT II Inc. agreed to acquire two adjacent shopping centers in Cincinnati for $190.0 million, excluding transaction costs and working capital reserves.

The properties, Rookwood Pavilion and Rookwood Commons, total 600,071 square feet and are 97% leased to 75 tenants.

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Gregory De Jong, CFP, Co-Founder of Paragon Advisors, LLC.
July 7, 2015

Blue Vault is just what advisors need to size up the different offerings in the nontraded REIT market. Just as importantly, it’s what the industry needs to encourage best practices among REITs.