| Name | Jurisdiction of Organization |
| Araucaria Brazil LLC | Delaware |
| Araucaria LLC | Delaware |
| Araucaria do Brasil Projetos Imob. Ltda. | Brazil |
| Elouveira Brazil LLC | Delaware |
| Elouveira LLC | Delaware |
| Elouveira do Brasil Projetos Imob. Ltda. | Brazil |
| HCB II River LLC | Delaware |
| Hines REIT 1515 S Street GP LLC | Delaware |
| Hines REIT 1515 S Street LP | Delaware |
| Hines REIT 1900 / 2000 Alameda de las Pulgas LLC | Delaware |
| Hines REIT 2007 Facility Holdings LLC | Delaware |
| Hines REIT 2200 Ross Ave GP LP | Delaware |
| Hines REIT 2200 Ross Ave LLC | Delaware |
| Hines REIT 2555 Grand LLC | Delaware |
| Hines REIT 2800 PO Parcels GP LLC | Delaware |
| Hines REIT 2800 PO Parcels LP | Delaware |
| Hines REIT 2800 Post Oak GP LLC | Delaware |
| Hines REIT 2800 Post Oak LP | Delaware |
| Hines REIT 2800 Post Oak Services Inc. | Texas |
| Hines REIT 3100 McKinnon Street LP | Delaware |
| Hines REIT 3100 McKinnon Street GP LLC | Delaware |
| Hines REIT 321 N Clark LLC | Delaware |
| Hines REIT 3400 Data Drive GP LLC | Delaware |
| Hines REIT 3400 Data Drive LP | Delaware |
| Hines REIT 345 Inverness Drive LLC | Delaware |
Hines REIT 5th and Bell LLC | Delaware |
| Hines REIT 595 Bay GP LLC | Delaware |
| Hines REIT 595 Bay L.P. | Delaware |
| Hines REIT 595 Bay Trust | Delaware |
| Hines REIT 595 Bay (Trustee) LLC | Delaware |
| Hines REIT 595 Bay Opco ULC | Canada |
| Hines REIT 595 Bay ULC | Canada |
| Hines REIT 595 Bay Beneficiary Trust | Delaware |
| Hines REIT Airport Corporate Center LLC | Delaware |
| Hines REIT Arapahoe I LLC | Delaware |
| Hines REIT Arapahoe II LLC | Delaware |
| Hines REIT Daytona Campus LLC | Delaware |
| Hines REIT DFW Corporate Drive GP LLC | Delaware |
| Hines REIT DFW Corporate Drive LP | Delaware |
| Hines REIT El Segundo GP LLC | Delaware |
| Hines REIT El Segundo LP | Delaware |
| Hines REIT Laguna Campus LLC | Delaware |
| Hines REIT Minneapolis Industrial LLC | Delaware |
| Hines REIT One Wilshire GP LLC | Delaware |
| Hines REIT One Wilshire LP | Delaware |
| Hines REIT One Wilshire Services Inc. | Delaware |
| Hines REIT Properties, L.P. | Delaware |
| Hines REIT Retail Holdings LLC | Delaware |
| Hines REIT Seattle Design Center LLC | Delaware |
| Hines REIT Services Holding Inc. | Delaware |
