Houston-based Hines Global REIT Inc. has acquired Riverside Center in Newton from Equity Office.

The office complex is located at 275 Grove St. in Newton.  The 510,000-square-foot property is 97 percent leased on a long-term basis to a diverse tenant roster including the e-publishing company Tech Target and pharmaceutical giant McKesson. Hines will manage the property on behalf of Hines Global REIT.

This is Hines Global REIT’s third acquisition in the Boston area.  In 2011, it acquired 250 Royall in Canton and the Campus at Marlborough in Marlborough.

Designed by Elkus Manfredi Architects and completed in 2000, Riverside Center comprises three separate four-story buildings connected by a pair of full-height glass-enclosed atria.  Amenities include a café, fitness center with locker room and shower facilities, parking for 1,500 cars in an adjacent parking garage and close proximity to major transit routes.