Hines Taps Head of Its U.S. Green Office Development Fund to be Global Sustainability Officer

Gary Holtzer, 25-Year Hines Veteran, to Assume New Role

(HOUSTON) – Hines, the international real estate firm, announced today that Gary Holtzer has been named Global Sustainability Officer (GSO).

In this capacity, he will be responsible for coordinating the firm’s sustainability efforts worldwide; working with the firm’s Executive Committee, regional and central business units on the firm’s ongoing sustainability strategy; and overseeing the efforts of the Hines Sustainability Taskforce, an internal standing committee.

Since joining Hines in 1985, Holtzer, a corporate vice president, has been responsible for asset and portfolio management and property operations.

In addition to the new GSO responsibilities, he will continue as portfolio manager of Hines’ U.S. green office development fund. Holtzer will continue to be based in San Francisco.

Hines President and CEO Jeff Hines said, “This new officer-level position is one more step in our firm’s overarching and unwavering commitment to sustainability. Sustainability pervades every aspect of our business, so having a tenured executive with property management, leasing and portfolio management experience in that role will be extremely beneficial for the firm.”

Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,126 properties representing more than 459 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in 106 cities in 17 countries, and controlled assets valued at approximately $23.7 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED®, ENERGY STAR®, BREEAM, Haute Qualité Environnementale and DGNB green building rating systems. Visit www.hines.com for more information.