By Inman News, Monday, December 18, 2006.
Hines, the international real estate firm, announced today that it has acquired Watergate Office Towers, a 1.2 million-square-foot, five-building suburban office complex in Emeryville, Calif.
The value of the transaction was not disclosed.
The complex comprises four high-rise office buildings (Towers I, II, III and IV) and a free-standing Chevy's restaurant. The development is located on a 22.4-acre tract alongside Interstate 80 on the eastern shores of the San Francisco Bay, less than one mile from the eastern terminus of the San Francisco-Oakland Bay Bridge. more...