The Jenkins Organization Inc., a Houston-based developer and operator of 45 self-storage facilities in five states, has opened Magnolia Parkway Storage in Magnolia, Texas. It’s the company’s 23rd managed property in the greater Houston area, according to a press release.
The facility at 18015 FM 1488 will serve the communities of Conroe, Magnolia, Montgomery, Pinehurst, The Woodlands, Tomball and Spring. It contains 293 climate-controlled and drive-up units as well as vehicle storage. A grand-opening celebration is scheduled for April 21, 11 a.m. to 3 p.m.
Jenkins will eventually expand the site, the release stated.
The company has opened several sites in recent weeks, including Murphy Self Storage in Murphy, Texas. The facility contains 635 climate-controlled and drive-up units. In March, it opened two locations in Austin, Texas: ATX Storage and Lakeline Storage.
Jenkins has three acquisitions, seven new developments and five expansions underway, all in Texas and slated to be complete within the next year. The projects total more than 1.2 million square feet of storage space and represent a $125 million investment, according to company officials.
Formed in 1989, Jenkins has an ownership and management portfolio comprising more than 3.5 million square feet of storage space in Louisiana, Minnesota, Missouri, Oklahoma and Texas.