REGIONAL OFFICES

Jim Buie is the CEO in charge of all development and operations in the West Region of the United States and the Asia Pacific Region. He is a member the Hines Executive Committee. Since joining Hines in 1980, Mr. Buie has been involved in all phases of the development process and management of more than 67 million square feet of commercial real estate representing approximately $15 billion. Some highlights of his career with Hines include developing Figueroa at Wilshire in Los Angeles, 560 Mission in San Francisco, Fourth & Madison in Seattle, Embassy House in Beijing and California Place in Shanghai. Mr. Buie earned his Bachelor of Arts in Economics from the University of Virginia in 1974 and his Master of Business Administration from Stanford Graduate School of Business in 1980.

Since arriving at Hines in 1996, Rob Hollister has contributed to the development and marketing of more than 14 million square feet of commercial real estate representing more than $3 billion in value. Based in Shanghai, China, since 2006, Mr. Hollister directs all development activities for the 5,000,000-square-foot California Place Shanghai and the 2,500,000-square-foot California Place Dalian projects. Previously based in Seattle, he oversaw all acquisition, development and disposition activities for the northwest, including the 850,000-square-foot Fourth & Madison project in Seattle, the 480,000-square-foot One Twelfth at Twelfth project in Bellevue, the 420,000-square-foot Cedar Court project in Redmond and the 100,000-square-foot Evergreen Plaza project in Kirkland. Mr. Hollister also led the acquisition of the 717,000-square-foot 1001 Fourth Avenue and the 300,000-square-foot 720 Olive Way projects in Seattle, as well as the 24-building Linbrook Office Park in Kirkland. He assisted in entitlement, disposition and development activities for up to 1.5 million square feet of The Gateway in South San Francisco and the 260,000-square-foot Cherry at Bayhill project in San Bruno, and assisted in the entitlement of up to 1.8 million square feet at NBC Studios in Burbank. Mr. Hollister earned his Bachelor of Arts degree from Dartmouth College in 1989 and his Master of Business Administration from the Stanford Graduate School of Business in 1996.

Since joining Hines in 1984, Tom Kruggel has contributed to the management of almost 45 million square feet of commercial real estate and has directly served as manager of over five million square feet of high-rise office space representing more than $1.5 billion in value. He has received local and regional BOMA Building of the Year Awards at two separate locations and the International BOMA Building of the Year Award at Figueroa at Wilshire in Los Angeles, and has served on the Board of Directors for two separate BOMA locals. Mr. Kruggel is currently the President for BOMA San Francisco, and is also overseeing the LEED certification of over 30 buildings.

Jim Morrison came to Hines in 1987. Since that time has managed the development and renovation of more than 2.5 million square feet of commercial real estate representing approximately $600 million and including significant projects for institutional owners. He was the project the officer responsible for all aspects in development of the 174-unit Embassy House luxury apartment tower in Beijing. Mr. Morrison directed the development of the 1 million-square-foot State of California office building complex at San Francisco's Civic Center, and was responsible for overall development of the 600,000-square-foot historic Pacific Gas & Electric Company headquarters seismic retrofit project in downtown San Francisco. After being awarded his Bachelor of Arts in Landscape Architecture from the University of California at Berkeley in 1980, he attended the Tuck School at Dartmouth College where he received a Master of Business Administration in 1987.

Since arriving at Hines in 1989, Paul Paradis has contributed to the development and marketing of more than 14 million square feet of commercial real estate. These projects include the acquisition of the 600,000-square-foot Stoneridge Corporate Plaza in Pleasanton, and the 800,000-square-foot 50 Fremont building and 335,000-square-foot 505 Montgomery building, both in downtown San Francisco. He directed all development activity related to the 700,000-square-foot 560 Mission project in downtown San Francisco and the 600,000-square-foot Pleasanton Corporate Commons in Pleasanton. Mr. Paradis was responsible for entitlement, disposition and development activities for up to 1.5 million square feet of The Gateway in South San Francisco and the 260,000-square-foot Cherry at Bayhill project in San Bruno. He also assisted in managing the development of the 310,000-square-foot 343 Sansome project in downtown San Francisco. Mr. Paradis earned his Bachelor of Arts degree from Harvard College in 1986.

Colin Shepherd heads the business activities of Hines in a variety of metropolitan areas within the West Region, including Los Angeles, Seattle, Portland, Las Vegas and Salt Lake City. Since joining the firm in 1982, he has supervised all phases of development, management, leasing and/or acquisition of more than 21 million square feet of commercial real estate valued at more than $6 billion. Mr. Shepherd managed the development, financing and leasing of the 1.1 million-square-foot, 52-story Figueroa at Wilshire project in downtown Los Angeles, and was responsible for the development, financing and leasing of more than 2.5 million square feet of office buildings within the greater Seattle area, including downtown Seattle, Bellevue, Redmond and Kirkland. He developed the 415,000-square-foot, 20-story Tower 333 in Bellevue, WA, which was the first multi-tenant office building on the West Coast to receive Leadership in Energy and Environmental Design (LEED) Gold Certification for Core & Shell from the U.S. Green Building Council. Mr. Shepherd received his Bachelor of Science degree in Civil Engineering from the Massachusetts Institute of Technology (MIT) in 1981 and a Master of Science (MBA) from the Sloan School of Management at MIT in 1982.