Houston, TX-based The Jenkins Organization has six self-storage developments on tap in Texas.
Ricky Jenkins, president of The Jenkins Organization, told The SpareFoot Storage Beat that each facility would be about 75,000 square feet, with about 90 percent of the space being climate-controlled.
Jenkins said The Jenkins Organization has been building one or two facilities a year for the past five years, but he said the company now is ramping up development while demand is high.
“There is so much overall development in Texas; some areas will be saturated or overbuilt,” Jenkins said. “We’re focused on San Antonio, Austin, Dallas, Houston and areas in those markets that have high barriers to entry.”
The company recently started building a facility in Cibolo, TX, a San Antonio suburb. That project is near North Main Street and Cibolo Valley Drive. The five other projects are in Stone Oak, a master-planned community in San Antonio; New Braunfels, a suburb of San Antonio; Rowlett and Murphy, suburbs of Dallas; and Baytown, a suburb of Houston.
The Jenkins Organization’s portfolio consists of 45 owned or managed facilities in Texas, Oklahoma and Louisiana. The company entered the self-storage business in the mid-1990s. Ricky Jenkins, a board member of the Texas Self Storage Association, owns the company.