Home Commercial Hines Seizes on Market Discount With $428MM Purchase of LA’s 14-Acre Runway Complex in Playa Vista
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Hines Seizes on Market Discount With $428MM Purchase of LA’s 14-Acre Runway Complex in Playa Vista

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Houston-based firm buys mixed-use property for 10 percent less than 2016 sale price as investors hunt for bargains in commercial real estate Hines, one of the nation's largest real estate investment firms, has purchased a sprawling mixed-use property in Los Angeles for $428 million, betting that distressed pricing in the commercial market has created an […]

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