Development + Acquisitions
UTEX storage partners are
Entrepreneurial
We encourage measured and calculated risk taking; we move fast and own our decisions
focused
We focus on value creation opportunities in all markets
Decisive
We pursue all types of opportunities, and with our in-house expertise, we are able to quickly make decisions when we see value
Data-Driven
Our decisions are backed by market intelligence, data and our deep industry experience
Flexible
Our knowledge and independent nature allows us to adjust swiftly to unexpected circumstances or changes in market conditions
Development
UTEX Storage Partners’ unique and diverse nationwide development experience in the self-storage industry — for both owners big and small — includes projects in the top 25 MSA’s and tertiary markets. We are successful in obtaining complex entitlements in challenging markets and are experienced in ground-up projects, conversions of existing buildings, Certificate of Occupancy deals, tear downs, rebuilds, expansions, redevelopments and more. Our knowledge allows us to not only get projects approved, but to also maximize economic efficiency, avoid design pitfalls, construction delays and cost overruns, and facilitate a smooth transition from construction to operation.
Whether you are an individual developer or land owner, or a large owner-operator, our flexible deal structure and lack of geographic constraints provides an opportunity for mutually beneficial agreements — including co-development, joint venture, fee for services, purchase at Certificate of Occupancy or building/land acquisition. We are versed in how large REIT’s and institutional partners operate, as well as local land owners and developers.
Acquisition
UTEX Storage Partners has significant experience acquiring existing self-storage assets during all
stages of the lease-up cycle — whether at Certificate of Occupancy, stabilization or at any time in between.
We are focused on value add and opportunistic projects, and are creative in our deal structuring with one consistent goal: a win-win scenario for both the seller and buyer. UTEX Storage Partners has a broad geographic reach in our relationships with third-party management companies, allowing us to focus on what we do best.
Our Investment Philosophy and Approach
We begin with integrity and continue with success.
As investors who focus exclusively on the self-storage industry, we are able to evaluate opportunities to build or acquire assets at any point in the market cycle and make disciplined risk adjusted investments for our firm and partners.
Our reputation is more valuable than any deal — we uphold honesty, integrity, and our entrepreneurial spirit.
AFFILIATIONS
Our expanding UTEX Storage Partners company remains a key affiliate to Wasatch Storage Partners.