Houston's Premier 971 Acre Business Park

 

Flexible Tenant

Options

Site

Strengths

Utilities

Infrastructure

Head-Start

Hines

Build-to-Suit

Platform

LAND SALES

Direct land sales to owner-users to build their own facility

HINES DESIGN-BUILD

Hines has 55 years of experience to assist owner-users with

development, construction management, and design-build projects

BUILD-TO-SUIT-LEASES

Tenants can lease specifically-designed facilities from Hines who

will assume development and construction risk and has capital

ready to deploy today

 

665  acres net of detention ponds and roads

Great access to Bush Intercontinental Airport,

Port of Houston, major business centers,

freeways and desirable residential communities

11 park entrances from I-45, Beltway 8, and West Road

Fully-entitled sites with utilities and detention

Outside the 500 year flood plain

Excellent visibility from Beltway 8

Existing Master Financing Agreements in place between MUDs

406 & 321 and Pinto Realty Development, Inc.

MUDs 406 & 321 supply fresh water, sewer, roads and drainage.

All capacity reservations have been paid for:

2 million gallons-per-day fresh water

1.5 million gallons-per-day waste water

Strategic Partnership Agreements signed with City of Houston

Established connection and usage fees

Power distribution lines on all sides of the park

Multiple major fiber-optic lines: AT&T, Centerpoint, and Qwest

 


$40+ million in infrastructure currently under construction in the park (June 2014)

 

Design and planning work already

commissioned for over $20 million of infrastructure work

General Master Plan already approved

 

Hines has developed more than 61 million SF of build-to-suit projects in Houston and around the globe

Hines has developed more than 33 million SF of industrial space – light manufacturing, distribution, and corporate facilities

Flexibility to suit owners and users

Capital plan in place with equity for developments

Over the past 70 Hines-managed projects, the final cost has averaged 3% less than the initial market-based

General Contractor budget, and substantial completion has occurred an average of two weeks ahead of schedule

A local team backed by an international platform

Owner Commitments

Park ownership will fund infrastructure in cash with no financing requirements

Hines development management and the existing MUDs will ensure on-time delivery

Capital Plan

Capital in place to complete $20 - $30 million of infrastructure improvements

which support ±7 million SF of warehouse, manufacturing and office facilities

Total park value projected to be $1 billion in 7 years

CHARLIE MEYER

1+ 713 237 5642

charlie.meyer@hines.com

Located in the heart of Houston's North & Northwest Submarket, Pinto Business Park is positioned as the region's top destination for all your light manufacturing, warehouse, supply chain distribution and the best-fit-solution for all your corporate real estate requirements.

 

© PINTO BUSINESS PARK