The U-Haul Co. recently purchased two self-storage facilities comprising more than 127,000 square feet of net rentable space in 1,020 storage units. The facilities are in Louisiana and Michigan. No financial terms were disclosed.
The acquired self-storage facilities are:
Storage Post Self-Storage
2350 Brooklyn Ave., Harvey, La.
Eight two-story and six single-story buildings (46,950 square feet of rentable space in 591 units)
Turn Key Self Storage
12750 31 Mile Road, Washington, Mich.
One two-story and nine single-story buildings (80,500 square feet of rentable space in 429 units)
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. The company recently completed the acquisition of additional self-storage facilities in Colorado, Louisiana, South Carolina and Texas.