Lake Forest, IL (PRWEB) June 20, 2014
Metro Storage LLC today announced the acquisition of a former Dodge auto dealership in the Minneapolis suburb of Blaine, Minnesota for conversion to a state-of-the-art Metro Self Storage® facility.
“We've had great success in the Minneapolis market and are looking forward to launching our expansion into this market with the repurposing of this auto dealership into a state of the art, consumer friendly, self storage facility,” said Matthew Nagel, Chairman of Metro Storage LLC. When completed, the multi-story building will provide 75,000 square feet of predominantly climate controlled self storage for the customers.
Metro Self Storage, which also operates a self storage facility in nearby Maple Grove, Minnesota, is scheduled to open the new 627 unit store in the first quarter of 2015.
“This is a great acquisition for us,” Blair Nagel, CEO of Metro Storage LLC said of the property. “It’s in an outstanding location with tremendous visibility, and it will enable us to begin to leverage the Metro brand across the Minneapolis market.”
The current design includes a drive through which will connect the renovated building to the new building, a covered loading and unloading area, and industry leading security which includes controlled access, 24 hour video surveillance, motion sensor lighting, and storage-to-office communication points.
About Metro Storage LLC
Metro Storage LLC, operating under the trademark Metro Self Storage®, is a privately owned, fully integrated real estate operating company specializing in the development, acquisition and management of self-storage facilities nationwide. Headquartered in Lake Forest, Illinois, the company is the 11th largest operator of self-storage facilities in the United States with over 90 stores in 11 states. More information about the firm is available at http://www.metrostoragecorporate.com.