Centerbridge Partners and WOJO Capital-backed Recreational Realty to acquire eight recreational storage facilities.

Centerbridge Partners and WOJO Capital-backed Recreational Realty, an owner, operator and developer of specialized recreational vehicle and marine storage facilities, agreed to acquire eight recreational storage facilities. Financial terms are not disclosed. "As the 'work from anywhere' lifestyle continues to flourish and more households take advantage of the freedom to explore recreational hobbies, we are focused on bringing professionally managed, high-quality storage options that simply didn't exist at this level before. Houston is one of the country's leading vacation and recreational destinations, and we are excited to grow our footprint around and support the customers in the region. The addition of these high-quality storage facilities will allow outdoor enthusiasts to relax and enjoy their 'toys' without the headache of managing storage needs," Gary Wojtaszek, Recreational Realty Founder and CEO.