Houston’s Pinto Realty Partners and USD Group form joint venture
HOUSTON, Texas — Two Houston-based companies, Pinto Realty Partners and USD Group, have entered into a joint venture to build a terminal along the Houston Ship Channel.
The joint venture will utilize 988 acres of property that currently supports rail storage operations for the Burlington Northern Santa Fe and Union Pacific railroads. Additionally, the property contains the potential for direct inbound pipeline access, outbound pipelines, barge connectivity and deep-water dock connectivity.
Pinto Realty Partners is a commercial real estate investment and development company, and USD Group, formerly US Development Group, develops logistics centers and energy-related midstream infrastructure properties in North America.
Source: Houston Business Journal