Completing the 60th acquisition and expanding to a seventh state in Myrtle Beach, South Carolina!

RecNation reaches new heights: finalizes 60th acquisition and expands to a seventh state!

DALLAS, May 22, 2024–(BUSINESS WIRE)–RecNation Storage (“RecNation” or the “Company”) – RecNation, the largest owner, operator and developer of specialty recreational vehicle (RV) and boat storage facilities in the country, is thrilled to announce its monumental achievement in in the form of completing the 60th acquisition and expanding to a seventh state in South Carolina. This expansion solidifies RecNation’s position as a premier destination for those looking for well-managed, high-quality storage facilities for their favorite recreational vehicles and boats. they are not used for weekend road trips or other outdoor activities.

With the growing trend of remote work, the “work from anywhere” trends show no signs of slowing down, as the share of employees working remotely before the pandemic was 30%, compared to 48% today. Today’s high-inflation environment makes camping and RV travel one of the easiest and cheapest ways for families to spend time… doing something different. The demand for recreational activities such as camping and RV travel is skyrocketing. A recent article by KOA press office highlights the record 58 million people planning camping and RV trips this year. This represents a significant increase compared to previous years. Additionally, the report highlights travel goals for 2024 and forecasts for new camping experiences and the number of new campers. The number of people camping full-time almost doubled from 17% to 31%. The report not only predicts an increase in the number of camping enthusiasts, but also a wave of fresh experiences and opportunities for experienced campers and novices alike.

Gary Wojtaszek, chief camper at RecNation, expressed excitement about the company’s expansion into South Carolina, one of the largest camping and RV markets in the country. “We are excited about our first of many planned acquisitions in South Carolina as it is one of the largest camping and RV markets in the country,” said Gary Wojtaszek, principal camper. “We continue our expansion into Sun Belt states with a presence in the top 50% of the fastest-growing states in the country, which should allow us to continue to benefit from changing demographics in these markets. However, I am more excited by the prospect of the sophistication of the operational platform we have built that allows us to successfully conduct acquisitions across the country, as our entire sales, leasing, payment and access control systems are fully automated and centralized in the country demonstrating this level of automation and sophistication.”

The story continues

South Carolina boasts an array of natural wonders, including 47 state parks and hundreds of miles of beaches and lakes, making it an ideal destination for outdoor enthusiasts. Entering South Carolina also gives RecNation a presence in two of the fastest-growing states in the country in 2023. South Carolina and Florida were the two fastest-growing states in the country, growing 1.7% and 1.6%, respectively.

With the addition of 60^vol RecNation’s portfolio currently includes 17,000 units spread over 600 acres of space, offering RV rentals, industry-leading third-party management services and licensed RV dealers. This expansion not only underscores RecNation’s commitment to providing first-class facilities, but also signifies its commitment to meeting the evolving needs of the recreational vehicle community.

About RecNation:

Founded to meet the growing demand for specialty RV and boat storage facilities, RecNation is the nation’s leading recreational storage operator, acquiring, constructing and managing facilities throughout the United States. Since its founding in 2020, RecNation has expanded its presence to 60 locations in Texas, Florida, Arizona, Kansas, Tennessee, Missouri and South Carolina, serving a growing community of outdoor enthusiasts looking for secure storage solutions. Through a strategic partnership with WOJO Capital Partners, LLC and Centerbridge Partners, LP, RecNation is accelerating its mission to become the national platform for marine recreation and storage needs.

As the largest owner, operator and developer of dedicated RV and boat storage facilities in the nation, RecNation remains committed to providing the highest quality service and peace of mind to RV and boat owners by ensuring the convenience and safety of their recreational activities.

More information can be found at: https://www.recnationstorage.com/
Find a storage location near you, visit: recnationstorage.com/boat-rv-storage-locations

View source version on businesswire.com: https://www.businesswire.com/news/home/20240522177650/en/

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Emilia Schwartz
Marketing Associate
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