Hines Global Income Trust buys office asset in Washington, D.C.

Hines has announced that Hines Global Income Trust has acquired 1015 Half St., a 396,000-square-foot trophy office asset in Washington, D.C. Local media are reporting the asset was sold for more than $215 million.

1015 Half St. is a LEED Gold, class A, institutionally managed office building that is 96 percent leased, predominantly by U.S. and District of Columbia government organizations. One block from the metro and near the Nationals’ ballpark, it is located in the Capitol Riverfront submarket, one of the most exciting neighborhoods in this global gateway city and a true live-work-play environment. The area has strong connectivity to the Capitol and federal government districts, Reagan National Airport and Amazon’s second headquarters.

“We are strong believers in the allure of Washington, D.C., as an institutional market, and the acquisition of 1015 Half Street allows us to bring the combination of market liquidity and future growth to our investors. This inve