

Jeffrey Hines
Hines grew the office development firm founded by his father in 1957 into a global company with $90 billion in assets under management in 2024.
He diversified into large-scale master planned communities and major land acquisitions. The firm has done major multifamily and mixed-use transactions, including the $430 million purchase of Coral Gables Station in Florida in 2022. It sold 11 master-planned communities in Texas to Starwood Capital Group for $800 million in 2025. The company has also invested in biotechnology real estate, including the development of Levit Green in Houston as well as industrial logistics properties and self-storage.
Before the pandemic, Hines was working on a flexible workspace platform called The Square, in response to changing office trends. Meanwhile, the firm is still an office developer and investor. Hines won a contract in October 2025 to redevelop the site of the William P. Hobby Jr. State Office Building in Austin, which could be a megadevelopment with multiple towers.
Hines moved its headquarters into its own Houston development, Texas Tower at 845 Texas Avenue, in 2021.
— Rachel Stone
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Hines’ 3,700-acre purchase, one of its biggest, to spawn 7,000 homes
