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HINES SELLS WINPARK TO PROPARK AMERICA

February 11, 2014

(HOUSTON) – Hines, the international real estate firm, announced today the sale of its parking services company, Winpark Management LLC, to Propark America. Winpark is a full-service parking management and consulting company founded by Hines in 1997. Financials on the deal were not disclosed.   “Hines is proud of Winpark’s stature as a leading parking services provider,” explained Charles Elder, senior managing director at Hines. “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...

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