Hines Global Income Trust Drops $430 Million on Gables Station Luxury Apartments in Coral Gables
Posted on 08/30/2022
Hines Global Income Trust acquired the Gables Station development in Coral Gables, Florida for US$ 430 million. The property is a luxury rental complex with 495 apartments, 25,000 square feet of coworking space and 80,000 square feet of health and fitness space, all centered around a shared outdoor area. The development is at 215 South Dixie Highway. Gables Station was developed by Nolan Reynolds International.
Hines had previously acquired the FAT Village development site in Fort Lauderdale in October 2021, where it is partnering with Urban Street Development to build a timber office tower.
Keywords: Hines Group.
