Sec Form 3 Filing - Hines Jeffrey C @ Hines Global REIT, Inc. - 2010-04-30

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Hines Jeffrey C 2. Issuer Name and Ticker or Trading Symbol Hines Global REIT, Inc. [ N/A] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 2800 POST OAK BLVD., SUITE 5000 3. Date of Earliest Transaction (MM/DD/YY) 04/30/2010 (Street) HOUSTON, TX77056 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, par value $0.001 per share ( 1 ) 1,111.111 I By Hines Global REIT Investor Limited Partnership

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares OP Units ( 2 ) ( 2 ) 01/14/2009 ( 2 ) Common Stock ( 1 ) 21,111.111 I By Hines Global REIT Associates Limited Partnership Special OP Units ( 3 ) ( 4 ) ( 3 ) ( 4 ) 01/14/2009 ( 3 )( 4 ) Common Stock ( 1 ) ( 3 ) ( 4 ) I By Hines Global REIT Associates Limited Partnership

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Hines Jeffrey C 2800 POST OAK BLVD. SUITE 5000 HOUSTON, TX77056 X Signatures /s/ Jeffrey C. Hines 04/30/2010 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The common stock, par value $0.001 per share (the "Common Stock") of Hines Global REIT, Inc. (the "Company") is not listed on a national securities exchange or over-the-counter market or included for quotation on a national securities market. ( 2 )"OP Units" are units representing limited partnership interests in Hines Global REIT Properties LP, a Delaware limited partnership (the "Operating Partnership"), of which the Company is the general partner. These OP Units are redeemable on a one-for-one basis for shares of the Company's Common Stock or, generally at the option of the Company, cash. There is no expiration date for the right to redeem the OP Units. ( 3 )"Special OP Units" are units representing an interest in the Operating Partnership that entitles the holder to receive distributions from the Operating Partnership under certain circumstances. The Special OP Units may be converted into OP Units that, at the election of the holder, will remain OP Units, will be repurchased for cash (or, in the case of (iii) below, a promissory note) or will be repurchased for shares of Common Stock, following: (i) the listing of the Common Stock on a national securities exchange, or (ii) a merger, consolidation or sale of substantially all of the assets of the Company or any similar transaction or any transaction pursuant to which a majority of the board of directors of the Company then in office are replaced or removed or (iii) the occurrence of certain events that result in the termination or non-renewal of the Advisory Agreement, dated as of August 3, 2009, among Hines Global REIT Advisors LP, the Operating Partnership and the Company. ( 4 )In the event the Special OP Units are repurchased for Common Stock, the exchange ratio will be calculated in accordance with the terms of the Limited Partnership Agreement of the Operating Partnership, dated August 3, 2009.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.