Propark America Acquires WinPark Management from Hines
Propark America, “continuing its strategy of delivering premium parking services,” has purchased WinPark Management from Hines, the international real estate firm.
“We are thrilled to welcome WinPark to the family,” said John Schmid, Chief Executive Officer. “This transaction combines their world-class service with Propark’s unparalleled creativity across multiple platforms and markets.
“We are investing in the belief that first-class, high-end buildings will embrace luxury amenities, personalized technology and industry-leading service delivery.”
WinPark, a premium parking services provider, operates Class-A office tower parking facilities in Houston, Dallas, Phoenix and Austin, TX. It also has developed a proprietary parking management software integration platform designed specifically for large real estate assets.
Charles Elder, Hines Senior Managing Director, said that “WinPark’s intimate knowledge and experience within the Class-A office tower market is a perfect fit with Propark’s core values of integrity, driving asset values through entrepreneurial focus, technological innovation and sustainability.
“We believe ... that WinPark’s clients will benefit from Propark’s industry-leading focus on value creation through innovation,” he said.
[Source: Propark America]
Article Abstract from April, 2014