39.9 F
Fort Worth
Tuesday, December 1, 2020
CCBP Trez Capital, Hines acquire self-storage facility in Wylie

Trez Capital, Hines acquire self-storage facility in Wylie

Other News

Trez Capital, a diversified real estate investment firm and provider of commercial real estate capital and debt financing solutions, and partner, Hines, the international real estate firm, announced the acquisition of an 101,931-square-foot self-storage facility in Wylie, Texas. The 11-building facility has 760 units and 75 premium RV parking spaces.

The property is strategically located at 570 Country Club Road, across from Wylie High School near the intersection of Hwy 544 and Woodbridge Parkway.

“Our first self-storage acquisition with Hines has seen great success in the booming Plano market. We saw the Wylie self-storage facility as another opportunistic investment to add to our growing portfolio with Hines,” said John Hutchinson, president, central and southwestern U.S., Trez Capital.

“This Class A self-storage facility fits with our strategy to acquire highly visible properties in rapidly growing cities like Wylie,” said Luis Castellanos, director of Hines’ self-storage platform.

close

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Stream names Millington VP in Dallas office

Kristin Millington has joined Stream Realty Partners’ office leasing division as a Vice President in the firm’s Dallas office. Millington will focus on the leasing...

DART board names David Leininger as interim president/executive director

The Dallas Area Rapid Transit (DART) Board of Directors selected David Leininger to serve as DART’s interim president/executive director at a special called meeting...

JPI expands with Jefferson At The Grove In Frisco

JPI announced Oct. 28 the close of construction financing on Jefferson at The Grove, a Class A multifamily development that will feature urban-style architecture,...

Suprize your holiday guests with Cheetos recipes

Looking for a little holiday cheer – or Cheetos? Just in time for the holidays, Chester Cheetah is looking to bring a little holiday cheer...

Richardson names 2020 EDGE Awards

The Richardson Economic Development Partnership (REDP), Richardson Chamber of Commerce and Richardson Rotary Clubs on Nov. 12 honored nine Richardson businesses or projects with...