U-Haul Buys 8 Self-Storage Facilities, Celebrates Grand Opening in Detroit
|Copyright 2014 by Virgo Publishing.|
|Posted on: 10/03/2013|
U-Haul International recently purchased eight self-storage facilities and celebrated the grand opening of another. The facilities total more than 439,825 square feet of net rentable space in more than 3,800 storage units and 36 vehicle-parking spaces.
The acquired facilities are in Massachusetts, Nevada, New Jersey, North Dakota and Rhode Island. The grand opening was in Michigan. No financial terms were disclosed.
The new facilities are:
In addition to the recent acquisitions, U-Haul celebrated the opening of a facility in Detroit. The ribbon-cutting ceremony at 899 W. Baltimore St. took place on Sept. 26. The event included photo opportunities, a Vine video lounge, and refreshments catered by El Guapo Fresh Mexican Grill and The Mac Shack food trucks.
During the grand opening, U-Haul shared information about its alliance with The Conservation Fund, an organization that works with communities to balance economic and environmental goals, and the Greening of Detroit, a nonprofit resource agency that spearheads tree-planting projects and offers environmental education.
Donations from U-Haul and its customers to The Conservation Fund's Go Zero program will support the planting of 1,600 trees at Rouge Park over the next 18 months. The initiative kicked off on Sept. 28 with the planting of 300 trees by The Greening of Detroit and its army of volunteers.
U-Haul also established the Growing Detroit's Green Economy Fund, a grant program aimed at supporting green entrepreneurs. It will be administered by The Conservation Fund.
Established in 1945, U-Haul has 36 million square feet of storage space at more than 1,000 owned and managed facilities throughout North America.