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Texas REIT Could Pivot Beyond Self Storage Into 'Special Purpose' Industrial Space

Silver Star Properties Expects $370 Million in Buying Power, Executive Chairman Says
Silver Star Properties has said it plans to pivot into investing in self-storage properties in high-growth markets in Texas. However, market conditions have the REIT looking at other kinds of real estate. (Getty Images)
Silver Star Properties has said it plans to pivot into investing in self-storage properties in high-growth markets in Texas. However, market conditions have the REIT looking at other kinds of real estate. (Getty Images)
CoStar News
November 28, 2023 | 9:28 P.M.

A Texas real estate investment trust with an affiliate that's working through the bankruptcy process said it hopes to emerge from protection with an estimated $370 million in buying power and an expanded list of property types it might acquire.

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News | Texas REIT Could Pivot Beyond Self Storage Into 'Special Purpose' Industrial Space