GYS Development LLC, a construction and development firm, has purchased 2.5 acres in Fulshear, Texas, on which it plans to build a three-story Fulshear Bend Self Storage facility. The property is near Cinco Ranch Boulevard and Farm-to-Market 1463 in the Cross Creek Ranch master-planned community. Once complete, it will comprise 105,000 square feet of storage space, according to the source.
The self storage project is the eighth developed by GYS. The company also has several developments underway in Arizona, Colorado, Texas and Wyoming.
“Our units offer state-of-the-art features that are appealing to tenants, including security, climate control, drive-up units, onsite management and online renting capabilities,” said co-owner Brandon Grebe. “You will continue to see new storage facilities launching in the Houston area with GYS Development leading the way.”
GYS was represented in the land purchase by Bill Brownfield, principal of Brownfield & Associates LLC, and Tommy LeBlanc, a senior associate with Avison Young.
GYS is a real estate development company focused on the self storage asset class. Its services include site review and evaluation, entitlements and approvals, building layout and design and construction management. It is a division of Grow Your Storage LLC, a Texas-based property-management company.