DALLAS--(BUSINESS WIRE)--RecNation Storage ("RecNation" or the "Company"), the leading owner, operator, and developer of specialized recreational vehicle (RV) and boat storage facilities in the United States, is excited to announce the closing of its latest property in Fruitland Park, Florida. This marks RecNation’s sixth location in the Orlando market, underscoring its commitment to meeting the needs of recreational enthusiasts. This latest acquisition complements RecNation's dedication to providing exceptional service and convenience for customers nationwide.
This acquisition is strategically located adjacent to the eastern entrance of The Villages, the world’s largest and fastest-growing retirement community, with over 150,000 residents spanning 32 square miles across 17 community developments. The Villages has been the top-selling planned community for the past 11 years and has experienced a 40% population increase over the last decade, making it one of the fastest-growing communities in the country. Approximately 70 million Baby Boomers are expected to retire by 2030, and “Boomers” represent about 50% of all RV owners and 28% of all boat owners in the U.S. With this acquisition, RecNation is well-positioned to meet current and future storage needs in this highly desirable market, which attracts many seasonal residents.
The area contributes to the estimated one million people who spend part of the year in Florida causing the population to increase significantly during the winter months. Additionally, the state welcomes 122 million tourists each year who come to visit all the state has to offer. This steady growth underscores the area's rising popularity, making it an attractive destination for both new residents and seasonal visitors.
RecNation’s newest facility spans close to 20 acres, providing ample space for recreational vehicle and boat storage, making it the largest dedicated boat and RV facility in the area. This facility will offer fully enclosed units that afford the highest level of protection for the vehicles being stored, as well as canopy structures and open areas. Additionally, the facility will feature on-site dump stations, washdown areas, air compressors, and an on-site RV repair workshop.
RecNation is thrilled to share a significant addition to its growth strategy. Gary Wojtaszek, CEO of RecNation, revealed, “We’re excited to announce the opening of what will be the largest and most luxurious RV and boat storage facility near The Villages.” He continued, “This facility provides a convenient location for countless individuals across the country who flock to The Villages each fall as the northern climates grow colder. The area experiences one of the largest 'snowbird population migration' effects in the country, with many northern residents loading up their RVs and heading to Florida to enjoy their homes in this vibrant community.” This new facility not only enhances RecNation’s service offerings but also positions the Company to better meet the needs of seasonal residents and travelers seeking top-notch storage solutions.
RecNation is actively expanding its footprint nationwide, solidifying its position as the leading owner and operator of RV and boat storage facilities in the country. With the recent opening of the largest and most luxurious facility in The Villages, RecNation now boasts a total of 65 locations across the nation. This expansion not only enhances RecNation’s management capabilities but also reinforces its commitment to providing exceptional service to customers, particularly seasonal residents seeking top-quality storage solutions.
About RecNation:
Founded to address the increasing need for specialized RV and boat storage, RecNation stands as the nation's foremost recreational storage operator. Since its inception in 2020, RecNation has grown to 66 locations across Texas, Florida, Arizona, Kansas, Tennessee, Missouri, South Carolina, and California, serving a diverse and expanding community of outdoor enthusiasts. With strategic partnerships with WOJO Capital Partners, LLC and Centerbridge Partners, L.P., RecNation is dedicated to advancing its mission of becoming the leading national platform for recreational and marine storage needs.
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