NAI Partners Arranges 8,000 SF Lease for Sprinkle Pop at Partners Capital-owned Point West Business Center

1/28/21

NAI Partners today announced that it has arranged an 8,021-sq.-ft. lease for tenant Sprinkle Pop at Point West Business Center, a flex industrial park owned by Partners Capital, the investment arm of NAI Partners.

NAI Partners’ Lesley Rice and Andy Parrish represented landlord Partners Capital in the transaction.

"We are so excited to be expanding into a larger space. Baking has been so hugely popular since the beginning of the pandemic that Sprinkle Pop is growing so fast we are literally selling sprinkles faster than we can produce them! Our new production facility will allow us to continue to grow our business and meet the market demand for our designer sprinkles," said Liz Butts, founder & CEO of Sprinkle Pop.

Sprinkle Pop is a bespoke sprinkle mix maker founded in the spring of 2017. Sprinkle Pop serves baking supply stores, professional cake/cookie decorators, and baked-good enthusiasts around the globe with the high-quality, unique, customizable sprinkle product.

For additional information about this and other NAI Partners transactions, please contact Larry Koestler, Senior Vice President of Marketing & Communications, at 713.629.0500.

About Partners Capital

Partners Capital, a wholly owned subsidiary of NAI Partners, owns a real estate portfolio totaling more than 1 million sq. ft. and has completed over $165 million in transaction volume. Partners Capital was created by NAI Partners as a platform to invest in office, industrial, and retail multitenant properties in Houston, Austin, San Antonio, and Dallas that meet the following criteria: can be acquired below replacement cost; carries a $5 million to $30 million purchase price that falls below the interest of institutional buyers; generates positive cash flow; and allows NAI Partners to leverage its extensive industry knowledge and resources to generate attractive cash flow and value appreciation over a projected holding period of three to six years. Visit us on the web at www.partnersrec.com.

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