Charlotte-based BlueGate Boat & RV Storage formed a $250 million joint venture with GEM Realty Capital to accelerate acquisitions and development across the United States. In North Carolina, the company has facilities in Mooresville and Advance.
“Our company’s sight is fixed on becoming the leading owner and operator of high-quality, fully dedicated recreational storage facilities,” said Neil Dyer, President of BlueGate.
BlueGate owns and operates a portfolio of 14 storage facilities and two marinas across six states, with two additional properties currently under construction. The portfolio includes approximately 1.98 million square feet of rentable storage space, comprised of over 3,500 RV and boat storage spaces, as well as nearly 495,000 linear feet of marina capacity across 583 slips. New facilities in Christiana, Tennessee, and Bonita Springs, Florida, are scheduled to open by mid-June 2025.
The company continues to pursue opportunities in markets with high concentrations of RV and boat ownership.
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