Morningstar Properties LLC, of Matthews, N.C., and its joint venture with 180 Development Services of Phoenix, was selected to manage Richey Road Self Storage in Houston. The class-A facility opened in 2007, and will be re-branded and operated as Morningstar Mini-Storage.
The facility includes standard, climate- and humidity-controlled units, many with drive-up access. The facility has nearly 100,000 square feet and 709 self-storage units ranging from 5-by-5s to 10-by-30s.
The store offers a variety of additional services including office and warehouse space, packing supplies and boxes, and free truck rental for move-ins. A digital security system allows tenants secure access to units 24 hours a day, seven days a week.
Morningstar Mini-Storage of Richey Road is owned and was developed by an affiliate of Locke Acquisition Group LLC. Morningstar is a vertically integrated developer, builder and operator of specialty real estate types across the Southeast. The company currently owns or operates 46 self-storage facilities totaling almost 3 million square feet.