Hines and Invesco Acquire Historic Rialto Building in San Francisco’s South Financial District
SAN FRANCISCO, CA – March 8, 2013 – (RealEstateRama) — Hines, the international real estate firm, and Invesco Real Estate, announced today that they have jointly acquired the Rialto Building located at 116 New Montgomery Street in San Francisco’s South Financial District, from Africa Israel USA (AFI USA). Financials on the transaction were not disclosed. Hines will oversee management and leasing of the property on behalf of the partnership