Hines Interests Limited Partnerships is a privately owned, international real estate firm that invests, develops, renovates, manages, and finances commercial real estate properties for more than fifty eight years now, including industrial parks, offices and commercial buildings, corporate headquarters, skyscrapers, medical facilities, residential communities and mixed-use developments. The company also services property marketing, contract negotiations and tenant relations among others under its management belt.
The firm was founded by Chairman Gerald D. Hines back in 1957 and began as a one man office in downtown Houston. After only a year, Marian Dugdale was hired as the first employee and the firm moved to a two room office. As of today, Hines Interests Limited Partnerships already boasts of more than 1,280 properties representing 390 million square feet of real estate in 245 cities in 4 continents either completed, managed, invested or under development within its continuously growing portfolio. It has truly come a long way and is bound to move even further.
Hines has collaborated with notable and renowned architects like Cesar Pelli, Frank Gehry, I.M. Pei and Philip Johnson proving that the company values a balance between aesthetic taste and function.
The company has a global reach with locations in 185 major locations in 19 countries across the map. Its current assets are at a staggering $84.90 billion alongside $42.70 billion in fiduciary and $42.20 billion in third party property level services. By 2007, Hines Interests Limited Partnerships has grown to 3,550 employees worldwide.