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The Latest on Development, Expansion & Acquisitions in Texas

Jun 01, 2015

The following information has been gleaned from various sources and is not intended to be a comprehensive list of all developments, expansion and acquisitions within Texas.  We can only provide information that is made available to us.  If you would like to have your project included, please send information and photos to TSSA.


 

Macho Boat RV Ribbon Cutting Macho Self Storage celebrated the grand opening of their new Macho Boat and RV Storage facility in Roanoke.   The new facility boasts nearly 30,000 sq. ft of indoor space for boats, RV’s and automobiles. 

Storage Max LLC is building a $1.05 million 23,975 square-foot storage facility at 4911 Old Jacksonville Hwy in Tyler.

Public Storage will open at 1501 Louis Henna Blvd. in Round Rock in late Fall. Public Storage has 2,200 locations in the U.S. and Europe.

Steve Mellon and Brian Somoza, Jones Lange Lasalle (JLL), announced the recent sale of Access Self Storage in League City. The newly constructed facility was sold to Public Storage for an undisclosed amount. Located at 3155 W. Walker Street (at its intersection with FM 646) in League City, the property offers 762 climate controlled units, encompassing 84,550 rentable square feet.

In May, Joe and Vicki Lindsey, opened Tall Pines at Lake Conroe, just north of The Woodlands in Conroe.   

Joe Linsalata, Linsalata Realty Services, reported the recent sale of Bulldog Storage Del Valle located at 5280 Highway 71 East, Del Valle, TX. This 55,460 SF storage facility consists of 377 Total units - 238 Non-CC units, 116 CC units, 20 Outside-Open Air spaces. The buyer is planning to add more parking and self-storage units on the undeveloped 3 ½ acres that was part of the sale.

Leon Capital Group, a Dallas-based real estate development and investment firm, recently launched a self-storage investment platform and acquired its first asset. The company purchased A-A-A Storage in Liberty Hill, Texas, in partnership with Move It Management LLC, a Dallas-based self-storage management company that also owns facilities.  The firm has five more storage-property transactions in the pipeline that it expects to close by the end of September.

Last month we reported on the new Love’s Self Storage facility in Sweetwater.  Since then, they’ve held a grand opening ceremony and ribbon cutting.  The facility is located on the north side of I-20 just outside of Sweetwater.  Love's Self Storage boasts 357 individual storage units of varying sizes featuring climate control and video security.