Leitbox Storage Partners, a self-storage investment and development platform, based in Birmingham, Alabama, announced today that it has acquired a majority interest in self-storage construction services company, WSJohnCo.
“The acquisition of WSJohnCo represents our continued commitment to improve our programmatic development strategy. The WSJohnCo principals have greater than 23 years experience dedicated solely to self-storage construction, spanning first-generation, single-story to fifth-generation vertical self-storage with mixed-use integration. Our mutual goal is to refine and perfect our self-storage building design to enhance building efficiency and lower cost. We are thrilled to add this additional layer of expertise to our team,” said Bill Leitner, Managing Principal of Leitbox Storage Partners.
WSJohnCo is based in Atlanta, Georgia. Wayne Johnston is the Managing Principal. Wayne has 20 years experience in the cost estimating, project management, and construction administration of self-storage development. This team has constructed facilities throughout the Sunbelt states in both primary and secondary markets. WSJohnCo is capable of providing the full array of construction management services, including conceptual budgeting, contract negotiation, site oversight, and project onboarding. WSJohnCo will provide this scope of services to Leitbox Storage Partners as well as third-party development firms.
About Leitbox Storage Partners
Leitbox Storage Partners (“Leitbox”) is a real estate investment company that develops and acquires self-storage (often with mixed use & retail integration) in primary and secondary markets throughout the United States. In addition to programmatic, greenfield development of vertical self-storage, Leitbox utilizes its 30+ year history in the retail and mixed-use sectors to identify and acquire retail, big-box conversion opportunities and income-producing, storage facilities presenting value-add upside potential.