hines in highland village

Houston's global real estate powerhouse snatches up highly coveted River Oaks address

Hines is the new owner of the prestigious 200 Park Place.

Photo courtesy of Hines

One of Houston’s most-sought after commercial addresses has just been snatched up by an iconic real estate company based here. Global real estate firm Hines has acquired the sleek 200 Park Place office building, the company announced.

Hines purchased the coveted space located at 400 Westheimer Rd. for $145 million, according to a press release.

Nestled between River Oaks and Highland Village — just a short jaunt to Central Market, Highland Village shops, and River Oaks District — 200 Park Place has long been considered one of the most prestigious office developments in the city.

The project, spanning more than 206,000 square feet, offers clients luxe shopping, high-end dining, and community green space — all within walking distance.

“Houston’s River Oaks District is a centrally located submarket that is continuing to see interest from those looking to work and play in an engaging, upscale neighborhood,” said John Mooz, senior managing director at Hines, in a statement. “200 Park Place’s modern design and walkable amenities differentiate it from other office and retail opportunities along Westheimer Road, making it a strategic location for investment in this key submarket.”

Already completely leased to myriad clients, notable tenants include Buckeye Partners and JLL, which has made the building its corporate headquarters.
“As high-profile companies continue to look to Houston for best-in-class, well-amenitized buildings, and Houston continues to lead the U.S. on return-to-office rates, our acquisition of 200 Park Place allows us to strategically capitalize on these trends and the ongoing evolution of commercial real estate,” said Janice Walker, chief operating officer of Hines Global Income Trust, in press materials.

Locals will no doubt recognize Hines as the firm responsible for much of downtown’s skyline. Founded by real estate titan Gerald D. Hines, the company is now led by his son, Jeff Hines and granddaughter Laura Hines-Pierce, as CultureMap previously reported.

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Heights charm

Spacious Heights home with modern touches hits market for $1.9 million

TK Images for Martha Turner Sotheby's International Realty

1039 Harvard Street is a custom home in the center of the Heights. It's listed at $1.995 million.

In the heart of the Houston Heights is 1039 Harvard Street, a 4,300-plus-square-foot home that must be seen to be properly appreciated. It is listed by David Atkins of Martha Turner Sotheby's International Realty.

Photo by TK Images for Martha Turner Sotheby's International Realty

1039 Harvard Street is a custom home in the center of the Heights. It's listed at $1.995 million.

The home instantly fits within its surroundings, with spacious living areas and modern amenities that will appeal to many homebuyers. 1039 Harvard Street blends function with form, offering several gathering spaces, four oversized bedrooms, spa-like baths, and a stunning backyard pool.

The spacious master bedroom is a private oasis, with a framed separation prior to entering the sleeping area. It creates a space to enjoy morning coffee or a mid-day read while overlooking the pool. The Hunter Douglas Vignette Modern Roman shades add to the room’s calming feel. Its adjoining bathroom is like stepping into a spa, with a deep Jacuzzi tub that sits within an open shower area. Built-in dressers line the wardrobe closet, which offers plenty of storage space and a vanity.

An upstairs TV lounge is perfect for kids’ movie nights or an adult gathering. Meanwhile, a center corridor is lined with built-in bookshelves and a tech closet from which to run a modern home.The east-facing bedroom has a window seat for lounging, and its bathroom offers a frameless shower enclosure and quartz counters. The front bedroom has its own bath, and the two middle bedrooms have a shared, ensuite Hollywood bath. On the top floor, a game room offers another place for entertaining.

The home’s kitchen features a waterfall island as its centerpiece, complete with Asko dishwasher and deep sink. There’s a gas fireplace in the living room, and the open floor plan allows for plenty of space and natural light.

Outdoors at 1039 Harvard Street is just as impressive as the inside. Patios offer space for outdoor dining and entertaining, while the in-ground Platinum Pool is a great way to cool off in Houston’s heat.

Located in the center of the Heights, 1039 is close to Harvard Elementary School, as well as the neighborhood’s many amenities. This is truly a home that is move-in ready, and will make its owners want to stay a while.

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