Dallas, TX and Greenville, SC. Ranch Water Capital LLC and Pacolet Milliken, LLC recently announced a new partnership, Pacolet Ranch Water Partners, LLC, to provide joint venture investment capital for storage development projects located throughout the US.
Ranch Water Capital was formed in 2021 by Jason W. Haby to provide new capital alternatives to his wide network of storage developers. Pacolet Milliken is a leading private investor based in Greenville, SC, spun off in 2007 from the large textile and chemical firm, Milliken & Company, to invest in real assets on behalf of its multi-generational shareholder base.
Haby will lead the venture’s efforts on a day-to-day basis. Commenting on the new company’s strategy, he says, “Knowing that each developer and project is unique, we wanted to create a programmatic platform designed to offer the necessary flexibility and alignment to allow developers to maximize the return on their projects and and their efforts.”
The new Pacolet/Ranch Water venture combines the scale and perspective of a national leader in the investment of private family capital with the expertise and responsiveness of an entrepreneurial self-storage investment platform.
The new venture was formed with the initial capacity to close on $200 million of new storage projects in the next 3 years, with further room to grow in the future.
ABOUT RANCH WATER CAPITAL LLC
Ranch Water Capital is a private real estate company based in Dallas, TX. Founded in 2021 by Jason W. Haby, the organization seeks to make opportunistic investments within the storage industry, particularly through ground-up developments and conversions.
For further information please contact:
JASON HABY
(214) 675-7684
jhaby@ranchwatercapital.com
About PACOLET MILLIKEN
Pacolet is a leader in the institutional management of private investment capital. Headquartered in Greenville, SC., Pacolet is a family-owned firm that directly owns and manages real estate, and power & infrastructure assets located across the United States. Pacolet Power & Infrastructure owns a diverse set of power, renewables and infrastructure assets, including a regulated electric portfolio, an industrial utilities company and a substantial solar and landfill gas portfolio. Pacolet Real Estate has a national portfolio of office, retail, industrial, multi-family properties, and currently focusses on multi-family and industrial warehouse development in the Southeast, the Southwest and Southern California. In both Divisions, Pacolet seeks to positively impact the communities in which we operate and be a steward of our environment from a generational perspective.
For further information please contact:
CLAY ADAMS
(864) 342-6177
clay.adams@pacoletmilliken.com
BRENT ABBOTT
(864) 342-6177
brent.abbott@pacoletmilliken.com
For media inquiries please contact:
ANDRENA POWELL-BAKER
(864) 466-7139
apowell-baker@pacoletmilliken.com
