Hines Selected for Mixed-Use Development in North Bethesda
Deal News | Apr 28, 2025 | Hines Interests LP
Hines Interests LP, a prominent real estate investment, development, and management firm, has been actively involved in significant leasing and development activities across the United States. Recently, Hines was selected as the developer for a new mixed-use development in North Bethesda, underscoring its expanding portfolio in strategic locations. Additionally, Hines, along with partner firms Mitsui Fudosan America and McNair Interests, announced new leases at Maple Terrace in the vibrant Uptown Dallas area. In San Francisco's prestigious location, 101 California has entered into a substantial lease agreement with Morrison & Foerster for 112,000 square feet of office space. Meanwhile, in the culinary landscape, West Edge is enhancing its offerings with the inclusion of two new restaurants, further diversifying its tenant mix. Jeni's Splendid Ice Creams has also joined the tenant roster at The Finery in Nashville, reflecting Hines' strategy of curating diverse and appealing tenant profiles. These activities highlight Hines' proactive approach to expanding and solidifying its presence in key urban markets.
Sectors
- Real Estate
- Legal Services
- Food and Beverage
Geography
- United States – The various transactions and developments mentioned in the article take place in multiple U.S. cities, reflecting a nationwide scope.
- North Bethesda, Maryland – Hines was selected as the developer for a new mixed-use project in this specific location.
- San Francisco, California – The lease agreement at 101 California with Morrison & Foerster took place in this city.
- Dallas, Texas – New leases at Maple Terrace in Uptown Dallas were announced here.
- Nashville, Tennessee – Jeni's Splendid Ice Creams joined the tenant roster at The Finery in this city.
Industry
- Real Estate – The article discusses Hines' activities in property development, leasing, and management, which are central to the real estate industry.
- Legal Services – Morrison & Foerster, a law firm, has been mentioned in connection with a significant leasing transaction, linking the legal services industry to real estate activities.
- Food and Beverage – Jeni's Splendid Ice Creams and new restaurants in West Edge are highlighted, linking the food and beverage industry to real estate developments.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hines Interests LP | Developer/Primary Real Estate Firm | Company | A global real estate investment, development, and management firm responsible for the North Bethesda mixed-use project and other leasing activities. |
| Mitsui Fudosan America | Partner Firm | Company | Collaborated with Hines and McNair Interests on leases at Maple Terrace in Uptown Dallas. |
| McNair Interests | Partner Firm | Company | Partnered with Hines and Mitsui Fudosan America on Dallas leases. |
| Morrison & Foerster | Tenant | Company | A law firm leasing 112,000 square feet at 101 California in San Francisco. |
| Jeni's Splendid Ice Creams | Tenant | Company | An ice cream company joining the tenant roster at The Finery in Nashville. |