Propark America Acquires WinPark Management from Hines
“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]