HPI Horne Joint Venture Builds New Self-Storage Facility in San Antonio
May 24, 2018
Self-storage owner and developer Hugh Horne has joined forces with HPI Real Estate Services & Investments to build a new facility in San Antonio. The property at 10126 Potranco Road, to be called HPI Horne Storage, will be managed by an unnamed industry real estate investment trust. It’s expected to open next April, according to the source.
Designed by Archon Architecture, the facility will comprise 134,000 square feet of net rentable space in 979 climate-controlled units. SBS Construction is the general contractor.
Last fall, Horne backed a music venue called The Lodge Room that opened in a building he owns in Los Angeles. The entertainment setting offers 500 seats in 8,000 square feet of space on the second floor of the Highland Park Masonic Temple.
Horne is CEO and president of Horne Developments Inc. and Horne RPC Storage I L.P. Prior to launching his own companies, he held several executive roles at Public Storage Inc., Storageworld LP and Storage Spot Inc.
Headquartered in Austin, Texas, HPI Real Estate is a full-service commercial real estate firm with additional offices in Dallas and San Antonio. The company has more than 25 years of experience as owners, investors and managers of commercial real estate, according to its website.
Source:
Rebusiness Online, HPI Horne Developing 979-Unit Self-Storage Facility in San Antonio
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