Our History

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Schomac Corp. and Executive Property Development, the predecessors to The Schomac Group, Inc. (SGI), were organized under the laws of the State of Arizona in February, 1974 as privately held real estate investment, development, financing and management companies headquartered in Tucson, Arizona. SGI was capitalized with assets accumulated in those entities, and was legally formed in December, 1987.

During the 1970’s, 80’s and 90’s, SGI developed over 4,000 apartment units and 1,000,000 square feet of retail, office and medical space. Under the trade name National Self Storage, it developed over 4 million square feet of self storage space in thirteen states. The combined value of properties developed exceeds $400,000,000.

Beginning in the late 90’s and early 2000’s, SGI focused on building its apartment and self storage portfolios through acquisition. Between 2000 and 2005, it doubled the size of each portfolio, bringing its total sponsored property count to 12 multi-family projects and 72 self storage properties. The acquisition efforts culminated in the sale of each portfolio; National Self Storage in 2005 for $217,000,000 and SGI Apartments in 2006 for $68,000,000.

Up until the sale of those properties, SGI and its subsidiaries employed more than 500 personnel nationwide and was one of the largest real estate related employers in Southern Arizona. At its largest, SGI managed a portfolio of 90 self-storage facilities and over 12,000 apartment units.

Having weathered the economic storm that devastated so many in the real estate industry between 2007 and 2012, SGI continues to grow today, once again refocusing on development activity within its portfolio. Although the company’s primary concentration remains on real estate through a combination of development, investment, management and financing, the company is also active in private equity. SGI has aggressively pursued funding promising young businesses in the medical, hospitality and technology arenas.

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