Home Depot recently announced that it was building four distribution centers for professional grade customers throughout the country. San Antonio is one of them. A 400,000-square-foot center will go into an industrial building in Elmendorf. The company will need to hire 75 to 100 employees.

A recent release noted the new distribution centers will stock large, bulky merchandise like lumber, insulation, roofing shingles and more. With a network of distribution centers stocking a variety of product types, pros can order job lot quantities of the products they need to complete their entire projects, delivered directly to their job sites. Home Depot’s Chip Devine added, “Our distribution network is one piece of the comprehensive pro ecosystem we’re building to better meet the needs of this important customer.” 

The company expects to have the San Antonio-area facility open in the first half of 2024.

Net lease advisory firms NNN Pro and STNL Advisors have completed strategic partnerships with newly branded investment holding company SURMOUNT. Headquartered in New York, SURMOUNT is an institutional platform focused on investing and partnering with growth-oriented real estate companies, and consumer-facing brands across the country. The company provides strategic growth capital across multiple sectors to create enhanced enterprise value for real estate and related investment opportunities.

The partnership brings together the strengths and expertise of NNN Pro and STNL Advisors for a more streamlined and full-service net lease advisory services platform, company executives said. NNN Pro and STNL Advisors will continue to operate under their existing branding.

“Our vision is to build the most comprehensive and full-service commercial real estate platform in the market,” said Glen Kunofsky, CEO of both NNN Pro and STNL Advisors, respectively. “Further aligning the expertise and resources of these two companies allows us to holistically serve the evolving needs of our clients, while also further institutionalizing and streamlining our services and offerings.”