Tuesday, January 12, 2016

HFF arranges joint venture equity for self storage development near Houston, TX

Rendering of planned self-storage facility within The Vintage community, Spring, TX

HOUSTON, TX –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged joint venture equity for the development of a Class A, 851-unit, self storage facility within The Vintage master-planned community in the Houston suburb of Spring, Texas.

Barbara Guffey
HFF worked on behalf of the development manager, Vintage Hannah One, LLC, to arrange a joint venture equity partnership with an unnamed partner.

Scheduled for completion in the later part of 2016, the self storage project will consist of four buildings totaling 82,675 rentable square feet.

  Situated on 5.8 acres at 15500 Vintage Preserve Parkway, the storage facility site is located in The Vintage, a 630-acre, master-planned community with restaurants, residences, shopping, healthcare facilities, hotel, seniors housing, lakes and an 80-acre nature preserve, in Spring.

The HFF self storage team representing the development manager was led by director Barbara Guffey.

“The location within The Vintage mixed-use development, along with the strong demographics and numerous rooftops in the immediate vicinity, makes it ideal for a new self storage project,” Guffey said.  “The new state-of-the-art facility will be one of few self storage projects built in the area within the last decade.”

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

No comments: