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U-Haul announces the acquisition of 2 self-storage facilities in Elgin and Streamwood, IL
U-Haul has more than 44 million square feet of storage space at its owned facilities throughout North America

January 8, 2017: Established in the year 1945, U-Haul International Inc., which manages more than 1,300 self-storage locations across North America, has purchased two Chicago-area self-storage facilities: Stor-More in Elgin, Ill., and Chicagoland Self-Storage in Streamwood. Together, the properties contain 389 units. The Elgin property will be remotely operated by the other site, according to a press release.

www.insideselfstorage.com Reports:
"We have a huge customer base in this area and, before acquiring these facilities, it was being served by our neighborhood dealers," said Angela Farley, president of the U-Haul Co. of Chicago Western Suburbs. "Now customers have additional moving and self-storage options at U-Haul-owned and -operated locations. As an added bonus, we are able to keep building materials out of landfills by reusing these old self-storage facilities."

The acquisition of the Illinois properties was driven by U-Haul’s corporate sustainability initiatives, which support infill development to help local communities lower their carbon footprint, the release stated. 

Source www.insideselfstorage.com