Minimum investment
$250k
Offering size
$157.7M
How much has sold
100.0%
Asset type
Office
Location
Houston, TX
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
200 Park Place combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Houston, TX
- Property size
- 206,943 square feet; 15 floors
How did it end?
Sold
Listed as a completed/full-cycle program on Hines's published track record.
Hines Global Income Trust acquired 200 Park Place for $145 million in 2022; the building is a 15-story, 206,943-square-foot Class AA office tower in the River Oaks district; Hines Securities completed the $152 million DST offering in December 2023.
206,943 square feet; 15 floorsSupporting evidence
Who's behind it?
- Sponsor
- Hines
- Legal Trust name
- HGIT 200 Park Place, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 1 active / 10 total offerings from Hines
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 3
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to 200 Park Place?
Top1031 lists 200 Park Place as historical. It is no longer raising money.
Where does Top1031 get the data for 200 Park Place?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7Hines Closes $152M DST Offering for Houston TowerBlue Vault reported that Hines Securities completed the $152 million HGIT 200 Park Place DST offering for the Houston office tower. Hines Securities Successfully Completes $152 million DST OfferingHines announced that Hines Securities successfully completed a $152 million offering of interests in HGIT 200 Park Place DST, which owns the 200 Park Place office building in Houston's River Oaks district. JLL completes sale of 200 Park Place in HoustonJLL Capital Markets announced the sale of 200 Park Place, a 206,943-square-foot Class AA trophy office tower in Houston's River Oaks District. Hines Global Income Trust Acquires New Boutique Office Building in Prime Houston Mixed-Use CommunityHines Global Income Trust (HGIT) acquired 200 Park Place, a 15-story, 206,943-square-foot Class AA office tower in Houston's River Oaks district, for $145 million.