Hines JV to Expand Pinto Business Park in Houston

The company is developing a 600,000-square-foot build-to-suit facility, which will serve as the primary distribution operation for Emser Tile in the South Central U.S.

A joint venture between Hines, Kohlberg Kravis Roberts & Co. LP and Pinto Real Estate Development Inc. is developing a 600,000-square-foot build-to-suit cross-dock distribution facility for Emser Tile Inc. within Pinto Business Park in Houston.

“We are honored that Emser Tile has selected Pinto Business Park as its home for this mission-critical facility that will serve roughly 35 percent of the U.S.,” Charlie Meyer, Hines’ managing director, said in a prepared release. “This is an excellent addition to our park’s market-leading tenant roster, and is also Hines’ fifth build-to-suit in Houston in the past four years.”…

Hines JV to Expand Pinto Business Park in Houston

Categories : Private Equity

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