Established in 1957, Hines is a privately owned, international real estate firm that specializes in the sale and purchase of residential and commercial properties. It deals in residential lots, retail spaces, office buildings, sports complexes, art centers, industrial parks, and commercial and medical facilities. The company provides contract negotiation, investment management, lease assistance and market assessment services. Through partnership with various vendors, Hines offers energy management and conservation, economic analysis, asbestos abatement, and environmental and site evaluation services. It also provides tenant construction management, marketing, and budget development and administration services. In addition, the company specializes in acquisition, property management and disposition services. Hines maintains locations in more than 15 countries and operates regional offices in over 60 U.S. cities.