Webb Wallace

Webb Wallace is the founder of SING Ltd. Co. (acronym for Storage Investment Group), a privately held self storage development company. Over a four-year period through a joint venture with Storage USA (acquired by Extra Space Storage in 2005); SING developed 10 self storage facilities in seven cities in the United States. SING is currently a strategic partner with Extra Space, the second largest self storage company in the United States.

Wallace is also the founder of Storage Investment Partner, LP, which through affiliated partnerships has developed five additional state-of-the-art storage facilities. In 2003, Wallace and his partner Rob Lee, entered into a partnership, Self Storage Partners, LP, (“SSP”) with Beucler Properties, LP, headed by Michael H. Beucler, to develop self storage facilities nationwide. The first of these facilities was completed in 2004 just west of the Dallas/Fort Worth International Airport. SSP has created a joint venture with Prudential Real Estate Investors, through which SSP will develop self storage facilities nationwide. The first of these facilities was competed in 2004 just west of the Dallas/Fort Worth International Airport. SSP has created a joint venture with Prudential Real Estate Investors, through which SSP will develop self storage facilities in multiple markets across the country. The first three projects to be undertaken by SSP under this venture are in Santa Fe, New Mexico, San Antonio, Texas, and Bermuda Dunes California. Other locations in Texas, California, and Florida are in the pipeline.

Wallace has over 35 years experience in real estate development, investment, brokerage, and consulting. During the 1970’s he held numerous executive positions with the developer of Las Colinas, a 5000 acre master planned community between downtown Dallas and the Dallas/Fort Worth International Airport. These positions included president of Southland Investment Properties and executive vice-president of Las Colinas Corporation. He left Las Colinas in 1978 to pursue various independent real estate activities including hotel development property acquisitions and dispositions, and disposition of properties for a major financial institution. He has also been founder and director of two de noveau banks. Wallace is a graduate of the University of the South and holds a Master in Business Administration from Stanford University.