In 2016, Hines acquired Prospect Place, an 8-story office building located immediately adjacent to the Calgary Petroleum Club in downtown Calgary.
Originally completed in two phases in 1959 and 1966, the building comprises 121,782 square feet and benefits from tenant amenities including a fitness center, locker rooms and shower facilities, secure bicycle parking, a dedicated conference area and a tenant lounge.
Hines sold the property in 2024, but was retained as property manager by the new owner.