Development
Headquartered in Fort Lauderdale, Florida, Hernandez Development is a privately-owned real estate firm that focuses on the acquisition and development of Class A self-storage in the supply constrained core commercial markets.
Our strengths lie in the simplicity of our approach.
Self Storage as an asset class has experienced significant changes over the past years, evolving from a simple storage operation into a high-yield investment opportunity. It generates a steady cash flow and offers the potential for price appreciation. Hernandez Development helps investors and partners attain risk-adjusted exceptional returns on Class-A self-storage facilities by achieving each property’s highest and best development potential. We deliver advantageous and value-enhancing returns to our investors and partners by identifying and carrying out new self-storage developments in high-demand core markets with limited supply. The sector continues to attract new investment because of its strong fundamentals and excellent, consistent investment returns, as self-storage is an asset class with a low tenant concentration and dynamic pricing model. Our expertise lies in identifying markets with optimal demographics, including strong populations, growth, and solid incomes, balanced with supply demands, and strong rental rates.
