A-1 Self Storage has announced its plans to build a multi-story facility in Alhambra, Calif., a suburb of Los Angeles. The structure will have 74,868 square feet and offer more than 700 storage units on .66 acres of land. The company expects to open the new facility late next year.
The San Diego-based self-storage operator recently purchased the property in an all-cash transaction. No financial terms were disclosed.
“Location, location, location! We’re very excited about building a new storage facility that will be conveniently located in a busy retail center near Costco and Target,” said Brian Caster, president and CEO. “A-1 Self Storage is proud to join the Alhambra community, and we look forward to serving the storage needs of the local residents and businesses in the near future.”
A-1 Self Storage has eight self-storage locations in the Los Angeles County area and 42 facilities statewide. A-1 is the self-storage division of the Caster Cos., a third-generation, family-owned company headquartered in Southern California since 1959. Caster Cos. develops and manages A-1 Self Storage, A-1 Car Storage and other commercial properties in California. Its portfolio includes more than 4 million square feet of real estate.