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Hinckley Allen Represents Propark America in CA Acquisition

Corporate & Business, Mergers & Acquisitions

Hinckley Allen represented Propark America with its acquisition and financing of Expresso Airport Parking for a total purchase price of $18.6 million. Expresso is a 14-acre off-airport parking facility located in San Leandro, California servicing the Oakland International Airport.

Propark America is one of the nation’s leading parking companies, providing full-service parking solutions across all parking markets including office buildings, retail centers, corporate campuses, airports, universities, medical institutions, municipal facilities, stadiums, residential buildings and hotels. Headquartered in Hartford, Connecticut, Propark operates more than 500 locations in convenient markets across the United States, including New York, Washington D.C., Boston, Cambridge, San Francisco, Oakland, Palo Alto, Reno, Cleveland, Jacksonville, San Antonio, Denver, Phoenix, Hartford, Stamford and New Haven.