Houston – Houston-based Mahindra USA (MUSA) has leased 134,815 square feet of space at Satsuma Distribution Center, a 315,120 square-foot new industrial building located at 9020 Jackrabbit Road, in northwest Houston. MUSA, a wholly owned subsidiary of Mahindra & Mahindra Ltd., is the first tenant to enter into a lease agreement at the new Class A facility. The company began selling tractors in the USA in 1994 and since then has grown rapidly due to high customer satisfaction levels and strong customer referrals.
“We’re thrilled that Mahindra chose Satsuma Station to combine their operations in Houston as our lead tenant,” said David Toone, a Principal at Houston-based PinPoint Commercial, the property’s owner and developer. “This distribution facility offers them the visibility and outside storage that will create the appeal of a true, Class A corporate headquarters.”
Graham Horton and David Buescher of Stream Realty Partners represented MUSA in the negotiation of the lease transaction. CBRE represented PinPoint Commercial.
Located on 115 acres near the intersection of Highway 290 and FM 1960, Satsuma Station Industrial Park is one of three deed-restricted business parks in development by PinPoint Commercial in the greater Houston area, including Hobby Business Center in south Houston, and Port Central Industrial Park located near the Port of Houston.