Pinto Business Park is suddenly a hot place to secure an industrial lease.
The 971-acre park, which is owned by a joint venture between Houston-based Hines, Houston-based Pinto Realty Partners and New York-based Kohlberg Kravis Roberts & Company LP (NYSE: KKR), recently secured two major tenants. Atlanta-based HD Supply Holdings Inc. (Nasdaq: HDS) leased a 500,000-square-foot space in a 600,000-square-foot cross-dock facility under construction at the park, and Fort Worth-based The Reynolds Co. acquired 9 acres of land and plans to build a 130,000-squre-foot facility at the park.
Jim Foreman and Beau Kaleel of Cushman & Wakefield represented HD Supply in lease negotiations, and John Simons and Holden Rushing of Studley represented Hines.New industrial lease tenants dish on their location choice
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