The 3-acre property is in the Maple Ridge Industrial Park. About half of the land is developed as a compacted gravel compound, which includes an office and a 2,300-square-foot, steel-framed building on a concrete pad. StorageVault intends to use the site to operate a PUPS (Portable Units, Portable Storage) business, company officials said in a press release.
StorageVault owns several Canadian self-storage facilities, many in conjunction with a PUPS portable-storage franchise. The company operates a standalone Canadian PUPS facility in Saskatoon, Saskatchewan. It also manages five self-storage facilities in southern Ontario.