After reading about the success of self-storage in the United States, two brothers in the Philippines decided to open their own facility.
Mark and Carlo Coronel, along with their mother Celina Martinez-Coronel, opened Safehouse Storage Facility 18 months ago. It is the first business of its kind in the Philippines.
The family also owns Insular Rural Bank and needed a place to store financial records. The family was leasing warehouses in Taguig and determined they’d be ideal for self-storage units.
In addition to traditional storage, Safehouse also offers packing and transporting of items to the facility. Tenants include a mix of homeowners storing furniture and personal items, and small or medium businesses that use the units to store inventory and records. Storage of records is in such demand that the brothers are developing a filing system to make it easier for tenants to locate files. The company will also add units and staff in the coming months.