NitNeil Partners and Seamless Capital

Double Down on East Austin with OZ Project

SELF-STORAGE DEVELOPMENT

NitNeil Partners is pleased to announce another joint venture with Seamless Capital, a leading real estate investment firm based in Austin, TX. Following up on the partnership's previous venture, which saw the development of a 4-story building with 100,000 square feet of climate-controlled units in an Opportunity Zone in the Mueller neighborhood, this new project will also be located in an Opportunity Zone at 853 Airport Boulevard just north of the rapidly expanding Cesar Chavez area in East Austin.

The redevelopment involves replacing an old, first-generation building with a new, state of the art, 112,000 square foot self-storage facility across the 1.5 acre site. Strategically situated just 4 miles from the University of Texas at the intersection of Airport Boulevard and Bolm Road, this project is set to meet the growing demand for high-quality storage solutions in East Austin. Completion of construction is anticipated in December 2024.

ABOUT NITNEIL PARTNERS

NitNeil Partners is a real estate investment firm that develops and acquires self-storage facilities in high growth markets throughout the Sunbelt. NitNeil's track record in self-storage consists of over 2 million square feet spanning across eleven states. The Company continues to execute on underutilized real estate through joint ventures with the ultimate goal of making a positive impact on communities and neighborhoods.  

For more information, please visit www.nitneilpartners.com 

ABOUT SEAMLESS CAPITAL

Seamless Capital has investments in a range of asset classes including commercial real estate, energy, and venture investments. Seamless has invested in and developed mixed-used, multifamily, office, self-storage, and retail properties throughout the Austin market.

For more information, please visit https://www.seamlesslp.com/

Media Contact

Nitesh Sapra

nitesh@nitneilpartners.com