Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Houston-Galveston  + Retail  | 

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.

Connect

Inside The Story

Recreational Realty

About Erik Hamilton

Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.

  • ◦Sale/Acquisition