$HGIT·8-K

HINES GLOBAL INCOME TRUST, INC. · Jul 13, 12:11 PM ET

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HINES GLOBAL INCOME TRUST, INC. 8-K

Research Summary

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Hines Global Income Trust Announces Acquisitions of 405 Colorado and Wicker Park

What Happened

  • Hines Global Income Trust, Inc. filed a Form 8-K on July 13, 2026, disclosing that Hines issued a press release about the Company’s recent property acquisitions (Exhibit 99.1).
  • The Company acquired 405 Colorado, an office property in Austin, Texas, on July 9, 2026, and entered a contract to purchase Wicker Park Commons, a retail property in Chicago, Illinois.

Key Details

  • 405 Colorado (Austin, TX): approximately 205,803 net rentable sq. ft.; currently 100% leased; contract purchase price ≈ $151.0 million (exclusive of transaction costs and closing prorations).
  • Wicker Park Commons (Chicago, IL): approximately 183,308 net rentable sq. ft.; currently ~95% leased; contract purchase price ≈ $70.0 million (exclusive of transaction costs and closing prorations).
  • Sellers for both properties are not affiliated with the Company or its affiliates.
  • Disclosure made via Regulation FD press release furnished as Exhibit 99.1 to the 8‑K.

Why It Matters

  • These acquisitions increase the Trust’s portfolio scale and diversify holdings by adding a fully leased office asset in Austin and a mostly leased retail asset in Chicago.
  • Lease occupancy and purchase prices are material facts investors can use to assess potential income stability and near‑term cash flow implications; transaction costs and closing prorations are excluded from the reported purchase prices.

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