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Recreational Realty Acquires Eight Rec Storage Facilities In Houston Market
Recreational Realty LLC, a leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, has announced its expansion into the Houston metropolitan region through the acquisition of eight premium grade recreational storage facilities in the Houston area. These transactions are expected to close over the next two months, subject to customary closing considerations.
Each property is located near Houston’s recreational destinations, including Lake Houston, Lake Conroe, Cypress and the Woodlands, among others. Features such as enclosed garages, video surveillance, 24-hour accessibility and secure gated facilities with electronic access will be included with property. The transaction value was not disclosed.
Recreational Realty currently operates specialized storage facilities across Texas, with ambitious near-term objectives for expanding nationwide. In December 2021, Recreational Realty partnered with Centerbridge Partners, L.P., a private investment management firm, and WOJO Capital Partners to accelerate its expansion into a national platform dedicated to serving recreational vehicle and marine owners across the nation.
- ◦Sale/Acquisition


