Metro Storage LLC, which operates more than 125 self-storage locations in 14 states, plans to build a new facility in Woodridge, N.J. The three-story property at 765 Route 17 is expected to open by the end of the year or in early 2018, according to the source.
The urban-infill project is on the former site of Rudox Engine and Equipment Co. Once complete, it’ll include fire alarms and suppression systems, and storage-to-office communication speakers. Security features will include keypad access, motion-sensor lighting and video cameras.
Metro was represented in the land purchase by Anthony and Eugene Rivera, directors of real estate firm Pure Properties. The seller was represented by David Thurston, first vice president of investments for Marcus & Millichap, a commercial-property investment company.
Headquartered in Lake Forest, Ill., Metro Storage operates the Metro Self Storage brand, including facilities in Andover, Pennsauken, Springfield and Stanhope, N.J. The privately owned, fully integrated real estate company specializes in the acquisition, development and management of self-storage facilities nationwide. Its facilities comprise more than 8.6 million square feet of storage space.