James Lockhart, our founder, and manager has significant experience in the self-storage market. A graduate of The University of South Carolina Moore School of Business, Mr. Lockhart has been involved in all facets of acquiring, developing, managing, and liquidating self-storage assets. His experience dates back to his college Finance senior project hypothetically underwriting, developing and completing a self-storage property development in Columbia, SC. Mr. Lockhart has been involved in raising significant amounts of self-storage capital through his prior firm Harbor Light Securities, LLC a prior registered broker-dealer. Through Harbor Light Securities, LLC, Mr. Lockhart directed the placement of over $350mm in capital funding through various vehicles including, private placements, non traded real estate investment trusts, and public debt issues. Currently, Mr. Lockhart is involved in approximately 900,000 square feet of development and existing self-storage assets. It is projected that Lockhart Management Group will complete 4 new ground-up self-storage developments in 2019 consisting of approximately 500,000 square feet of new class A ground-up development as well as creating an additional 4-6 new climate, non-climate, Boat and RV opportunities for development starting in 2019.
Lockhart Management Group outside counsel is involved in all levels of our business from entitlement, contracts, closings, general legal, project execution and eventual property level disposition. Our legal team has had significant self storage experience throughout the US.