In 2008, Hines REIT Properties LP, an affiliate of Hines Real Estate Investment Trust Inc., purchased the Williams Tower for $271.5 million from Transco Tower Ltd., a partnership consisting of Kuwaiti investors represented by Atlanta-based Fosterlane Management Corp. The building was offered along with a parking garage, a 2 acres tract across the street from the Williams Tower, and a 48% stake in the Williams Waterwall (now named the Gerald D. Hines Waterwall Park) and the surrounding park; prior to this transaction Hines had already owned the other 52% of the waterwall. "[