HD Supply leases 500,000-SF in Pinto Business ParkHD Supply leases 500,000-SF in Pinto Business Parkhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=56562013-11-21T14:38:00Z2013-11-21T00:00:00Z

HOUSTON - HD Supply Holdings Inc. has signed a 500,000-sf lease at a 600,000-sf cross-dock facility that is under construction. The deal represents the largest 2013 industrial lease at the Pinto Business Park in north Houston. The facility is located near the southwest corner of Beltway 8 and I-45 North.

Hines Development is currently constructing two Class A, 120,000-sf rear-load distribution buildings and the 600,000-sf cross-dock facility. In addition, $11 million in infrastructure is underway with an additional $30 million in design.

The Reynolds Co., an electrical supply company based in Fort Worth, has purchased nine acres in Pinto Business Park to build a 130,000-sf distribution facility, which will come online during third quarter 2014.

The 971-acre Pinto Business 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, has the potential to hold 8 million sf with $900 million in investment.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/blog/nuts-and-bolts/2013/11/hd-supply-inks-massive-lease-at-pinto.htmlRead more at {Source}

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