Hines Announces Plans For Two New Self-Storage Facilities In Dallas-Forth Worth Area

(DALLAS) – Hines, the global real estate investment, development, and property manager, has unveiled plans to deliver two new Class A self-storage facilities, Custer Self-Storage in Frisco, Texas, and Jupiter Self-Storage in Garland, Texas, later this year. Both state-of-the-art, multi-level facilities will feature masonry exterior, climate-controlled environments, and are designed to integrate seamlessly with the neighborhoods that they will serve. The addition of these two facilities will expand Hines’ portfolio in the Dallas-Fort Worth area to a total of 16 self-storage locations.

"These latest additions to our DFW self-storage portfolio are a direct response to the growing demand for Class A, accessible storage solutions in these high barrier markets,” said Robb DeJean, managing director at Hines. “Both facilities are designed with the future in mind to not only ensure the safety and preservation of stored items but also complement the aesthetic and architectural standards of their respective neighborhoods. We look forward to providing self-storage convenience and service to the Frisco and Garland communities.”

Custer Self-Storage in Frisco is a two-story building offering 76,675 net rentable square feet and 709 climate-controlled units. Additional features include drive-up units, 19 boat/RV spaces, oversized covered loading zones, and state of the art security. Located on a 4.6-acre site in the Shops at Custer Bridges at the major intersection of Custer Road and Sam Rayburn Tollway, the facility is ideally positioned to serve the suburban home growth in the area, including the neighboring Hunter’s Creek HOA and several high-end residential communities. Hines worked extensively with residents, a water municipality, and the City of Frisco for almost a year to secure a Special Use Permit to build the facility.

Jupiter Self-Storage in Garland consists of one single-story building and one three-story building, offering 90,650 net rentable square feet of 100% climate-controlled storage space. The design features state of the art security, masonry exterior, and is located on a 2.5-acre site at the major intersection of Jupiter Road and Buckingham Road, adjacent to Home Depot, thus catering to the needs of this urban corridor. Hines worked with residents and the City of Garland to secure a Special Use Permit to build the facility.

About Hines

Hines is a global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 30 countries. We manage a $94.6B¹ portfolio of high-performing assets across residential, logistics, retail, office, and mixed-use strategies. Our local teams serve 790 properties totaling over 269 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit Hines.com and follow @Hines on social media.

¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2023.