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600,000-SF Industrial Building Started at Hines’ Pinto Business Park

by Realty News ReportSeptember 29, 2017
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Aerial view of Pinto Business Park in North Houston.

HOUSTON – Construction has started on a 600,000-SF build-to-suit for Emser Tile in Pinto Business Park, a north Houston commercial development owned by the Houston-based Hines real estate firm and its joint venture partners Kohlberg Kravis Roberts & Co.

Pinto Business Park is located near the southwest corner of Beltway 8 and I-45 North.

Emser Tile is the largest, privately-held designer and marketer of tile and natural stone in the United States. The project consists of a 600,000-SF cross-dock distribution facility, which will serve as the company’s primary distribution operation for the south central United States.

Arch-Con Construction is the general contractor for the Emser Tile facility, scheduled for completion in the second quarter of 2018

The building’s market leading specifications, including 36-foot clear height, 500-foot building depth and 52-by-55 feet column spacing, will allow Emser to achieve greater efficiencies.

“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 United States,” said Charlie Meyer, managing director at Hines.

Emser Tile was represented by Jarret and Jeff Venghaus at JLL. Hines was represented by Beau Kaleel of Cushman & Wakefield. Construction financing is being provided by Comerica Bank.

“Houston’s strong population growth has created increasing demand for consumer durables and building supplies,” said Jeff Venghaus. “As a leading provider of tile and natural stone, Emser’s business has followed the growth of Houston.”

Since Hines, KKR and PRDI initiated activity within Pinto Business Park, the park has become home to over 4 million SF of industrial and logistics users. The business park has averaged 800,000 SF of construction per year since 2013.

Sept. 29, 2017 Realty News Report Copyright 2017
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