Self-storage operator U-Haul International Inc. has acquired American Mini Storage in Memphis, Tenn., and rebranded it as U-Haul Moving & Storage on Highway 64. The 6-acre property at 7399 Highway 64 comprises 76,000 square feet in 10 single-storage buildings. If contains more than 500 storage units, 92 of which offer climate control, and 66 RV-parking spaces. Additional amenities include truck and trailer rentals, and the sale of moving and packing supplies. U-Haul has also upgraded the site’s security by adding electronic access, improved lighting and video cameras, according to a press release.
"This is a great community, and it's an important part of the city,” said Carol George, president of the U-Haul Co. of Memphis. "The most exciting part of opening any new location is satisfying the customer's needs for moving and storage in a specific area. When we can offer more products and services within their general area, it saves the customer money and reduces the environmental impact of planet resources.”
The acquisition of the property was driven by U-Haul’s corporate sustainability initiatives, which support infill development to help local communities lower their carbon footprint, according to the release. U-Haul’s adaptive reuse of existing structures eliminates the amount of energy and resources required for new-construction materials and helps local cities diminish their unwanted inventory of unused buildings, U-Haul officials said.
Established in 1945, U-Haul has more than 44 million square feet of storage space at more than 1,200 owned facilities throughout North America.