Hugh M. Cunningham Companies (HMC) has entered the San Antonio market with a 33,000-square-foot industrial lease in the Prologis development at 4960 Eisenhauer Road. Josh Aguilar with CBRE represented the landlord. Trace Elrod with Newmark Knight Frank represented HMC.
Headquartered in Dallas, HMC manufactures and distributes building materials to clients across the south-central United States. Their products include mechanical, light industrial, fire protection, HVAC and plumbing products. From the new San Antonio facilities, HMC will be equipped to better serve their central Texas clients with a more centrally located distribution center.
Prologis was ultimately selected for HMC’s San Antonio distribution space due to its strategic location, proximity to I-35 and the ability to deliver a yard to house specific building supply products.
“We are seeing that demand for well-positioned and well-located industrial product remains high,” said Aguilar, first vice president at CBRE. “Infill locations have continued to see strong leasing trends amidst the pandemic as users increasingly seek to be located closer to their end users.”
According to the CBRE Q2 2020 San Antonio Industrial MarketView, over 197,000 square feet of warehouse and distribution space was absorbed and over 460,000 square feet of new space was delivered to the market.
