Hines U.S. Property Partners (HUSPP), the premier commingled core plus fund by Hines, has successfully completed four investments totaling approximately $200 million in two key property types: industrial and alternatives. The acquisitions include properties in Northern and Southern California: Warm Springs Industrial Park in Fremont and Brown Field Tech Park II in San Diego.
According to Adriana de Alcantara, HUSPP’s fund manager at Hines, their dedication to investor success is evident through their strategic approach of seizing opportunities and diversifying assets. By navigating the changing market dynamics with precision and focusing on high-quality assets with strong fundamentals, they aim for sustained growth that is diversified.
In addition to the two California industrial properties, HUSPP has also acquired its first healthcare asset – CapMed portfolio located in Maryland – as well as 301 Logistics which is a fully leased industrial property situated in Tampa.
Image credit: CBRE
