Foxgate Boat & RV Storage

Project Overview

Foxgate Capital is proud to announce the development of Foxgate Boat & RV Storage, a premier vehicle storage facility strategically located in Magnolia, Texas. Set to open in January 2026, this purpose-built development represents a calculated investment in one of the Houston metropolitan area's fastest-growing communities and capitalizes on the increasing demand for specialized recreational vehicle storage solutions.

Located at 31125 Old Hockley Road in Magnolia, TX 77355, Foxgate Boat & RV Storage will provide secure, accessible storage for boats, RVs, ATVs, trailers, and oversized vehicles. The facility addresses a critical need in the Magnolia market, where residential restrictions and limited storage infrastructure create strong demand for professional-grade vehicle storage solutions.

Market Opportunity & Investment Thesis

Magnolia, Texas has emerged as one of the Houston area's premier growth corridors, attracting families and outdoor enthusiasts drawn to the region's quality of life, excellent schools, and proximity to Lake Conroe and Sam Houston National Forest. This demographic profile creates ideal conditions for recreational vehicle ownership—and corresponding demand for storage facilities.

Key Market Drivers:

• Population Growth: Magnolia's population has experienced double-digit growth over the past decade, with new residential developments continuously expanding the community
• Recreational Vehicle Ownership: Texas leads the nation in RV ownership, with the Houston metropolitan area representing a significant concentration of boat and RV owners
• Housing Restrictions: Modern HOA covenants and municipal regulations increasingly prohibit on-property storage of boats, RVs, and trailers, creating demand for off-site storage solutions
• Lake Conroe Proximity: Magnolia's location near Lake Conroe, one of Texas's premier recreational lakes, drives boat and watercraft ownership among residents
• Limited Competition: The Magnolia market remains underserved in the specialized vehicle storage category, with existing facilities concentrated in older, less accessible locations

Foxgate Capital identified this convergence of factors as representing an exceptional opportunity to develop a best-in-class storage facility that would capture market share while delivering strong returns on investment.

Development Strategy

Foxgate Boat & RV Storage exemplifies Foxgate Capital's disciplined approach to real estate development: identifying high-growth markets, recognizing unmet demand, and delivering purpose-built solutions that serve community needs while generating sustainable returns.

Strategic Location Selection:The facility's Old Hockley Road location was chosen for its strategic advantages:

• High visibility and accessibility from major thoroughfares
• Proximity to Magnolia's residential growth corridors
• Convenient access to FM 1488 and State Highway 249
• Less than 20 minutes from Lake Conroe boat launches
• Position in the path of northwest Houston's continued expansion

Facility Design & Amenities:Foxgate Boat & RV Storage has been designed from the ground up to meet the specific needs of boat and RV owners:

• Security Infrastructure: Gated access with individualized entry codes, comprehensive camera surveillance throughout the property, and perimeter fencing ensure round-the-clock protection
• Optimized Layout: Wide drive lanes and spacious storage bays accommodate large recreational vehicles, fifth wheels, and boat trailers with ease
• 24/7 Access: Flexible access hours allow owners to retrieve or store vehicles on their schedule, not the facility's
• Modern Management: Secure online portal for payment processing, account management, and reservation updates
• Purpose-Built Design: Every aspect of the facility reflects deep understanding of recreational vehicle storage requirements

Competitive Advantages

Foxgate Boat & RV Storage will enter the Magnolia market with significant competitive advantages:

1. First-Mover Advantage: As one of the first purpose-built boat and RV storage facilities in Magnolia, the project captures market share in an underserved community
2. Superior Infrastructure: Modern construction, comprehensive security systems, and thoughtful design differentiate the facility from aging competitors
3. Local Ownership: As part of The Fields Companies family and Foxgate Capital's Texas-focused portfolio, the facility benefits from local market knowledge and community commitment
4. Professional Management: Technology-enabled operations and professional management systems ensure consistent service quality
5. Scalable Operations: Efficient facility design and management systems position the property for strong operational margins

Community Impact

Beyond its investment merits, Foxgate Boat & RV Storage represents Foxgate Capital's commitment to enhancing the communities where we invest. The facility will:

• Provide secure storage solutions that allow Magnolia residents to comply with HOA restrictions while maintaining their recreational lifestyle
• Offer local employment opportunities in property management and maintenance
• Support the area's outdoor recreation economy by facilitating boat and RV ownership
• Contribute to the tax base supporting Magnolia's schools and public services

Financial Performance & Outlook

The boat and RV storage sector has demonstrated remarkable resilience and growth, driven by structural trends including:

• Increasing recreational vehicle ownership nationwide
• Tightening residential storage restrictions
• Growing recognition of storage facilities as institutional-quality assets
• Strong rent growth and occupancy rates in well-managed facilities

Foxgate Capital's underwriting for Foxgate Boat & RV Storage reflects conservative assumptions while acknowledging the significant upside potential in this emerging asset class. The facility's January 2026 opening positions it to capture pent-up demand in the Magnolia market while benefiting from pre-opening waitlist reservations.

Investment Philosophy in Action

Foxgate Boat & RV Storage demonstrates the core principles that guide Foxgate Capital's investment decisions:

Platform-Oriented Strategy: This development represents an opportunity to establish operational expertise in the vehicle storage sector, potentially expanding to additional locations

Industry-Specific Growth Drivers: The project capitalizes on specific trends in recreational vehicle ownership, HOA restrictions, and outdoor recreation participation

Strong Housing Demand Dynamics: Magnolia's residential growth creates the demographic foundation for sustained storage demand

Path of Growth: The facility's location anticipates continued northwest Houston expansion and development

The Foxgate Capital Difference

As part of The Fields Companies family, Foxgate Capital brings unique advantages to every investment:

• Capital Strength: Partnership with The Fields Companies provides financial resources and stability
• Platform Scale: Access to management expertise and operational infrastructure across The Fields Companies portfolio
• Texas Market Expertise: Deep understanding of Texas real estate markets and economic drivers
• Long-Term Orientation: Patient capital approach focused on sustainable value creation

Looking Forward

Foxgate Boat & RV Storage represents more than a storage facility—it's a strategic investment in Magnolia's future and a solution to a genuine community need. As the facility moves toward its January 2026 opening, Foxgate Capital remains focused on execution excellence, operational readiness, and delivering the superior storage experience that will define the property for years to come.

The project exemplifies Foxgate Capital's commitment to identifying opportunities where market dynamics, demographic trends, and operational expertise converge to create value. As Magnolia continues its growth trajectory and recreational vehicle ownership expands, Foxgate Boat & RV Storage stands positioned to serve the community while delivering strong returns for our investors.