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SurePoint Self Storage Launches New Development in Houston Area

Texas-based SurePoint Self Storage continues to invest in the Greater Houston market. The company has partnered with real estate developer Johnson Development Associates Inc. (JDA) to build a three-story facility in Missouri City, Texas. The structure at the intersection of Bees Creek Road and Sienna Parkway will comprise 67,000 square feet, with SurePoint serving as property manager, according to a press release. Construction is expected to begin this summer.

SurePoint has launched several projects in the Houston area in the last two years. It announced a three-story, 90,000-square-foot development in Sugar Land last year. The company recently opened two facilities in the metro area, including a 119,000-square-foot facility on Barker Cypress Road at Cypress North Houston and a four-story property in Richmond. It also has a storage project underway in Pearland, Texas.

In 2016, JDA announced it would expand its self-storage division, with 60 properties in various stages of development. Based in Spartanburg, S.C., the company owns an investment portfolio of commercial and industrial properties including self-storage facilities, multi-family rental communities and single-tenant industrial space. It has developed more than 6,500 luxury apartments since 1996, while its industrial projects comprise 20 million square feet of commercial space.

SurePoint is owned by developers Jeff Bailey, Brian Cisarik and Robert Loeb. Cisarik and Loeb have been active in the San Antonio self-storage market since 2001. The developers operate seven facilities in Texas. In 2016, the company purchased a development property outside of Texas for the first time in Kansas City, Mo.

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