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Vintage Hannah One Developing Self Storage North of Houston

Rendering of Vintage Park Self Storage

Rendering of Vintage Park Self Storage

HOUSTON Vintage Hannah One is developing a 851-unit, self storage facility within The Vintage master-planned community in the Houston suburb of Spring.

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.

A Holliday Fenoglio Fowler, L.P. (HFF) team led by Barbara Guffey arranged joint venture equity for the development. HFF worked on behalf of the development manager, Vintage Hannah One, LLC, to arrange a joint venture equity partnership with an unnamed partner.

“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.”

Vintage Hannah One, LLC is a partnership between co-development managers Joel DeSpain and Robert Wheless.  Each has over thirty years of experience in the commercial real estate industry, and they have worked together as a team to develop ten projects totaling $280 million in the Houston market.  Those projects included three office buildings, one industrial, five multifamily joint ventures, and one retail power center.

Jan. 6, 2015

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