Metro Storage LLC Acquires Former Electronics Retail Store for Conversion to Self Storage Facility in Springfield, NJ

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Metro Storage LLC announces the acquisition of a former retail electronics store in Springfield, New Jersey for conversion to a self storage facility.

Metro Storage LLC recently announced the acquisition of a former electronics retail store in Springfield, New Jersey, a suburb of New York City, for conversion to a state-of-the-art Metro Self Storage® facility.

Located at 22 Route 22 in Springfield, New Jersey, the property will be converted to 85,000 rentable square feet of climate controlled self storage. The conversion will consist of raising the roof on one section of the building to add a second story; creating a two floor mezzanine in another section of the building; and converting the remaining portion of the building into single story climate controlled self storage. When completed, the converted property will contain 900 interior climate control storage units.

“The Springfield, New Jersey site will be the sixth Metro store in the New York/New Jersey market.” said Matthew Nagel, Chairman of Metro Storage LLC. “We’re looking forward to expanding our brand in that area.”

This facility will be one of the newer self storage facilities constructed in the area during the past ten years, and is scheduled for opening in the fourth quarter of 2015. Highlights of the property include: state of the art security, two sets of elevators, four drive-in loading bays, and a large contemporary business office.

About Metro Storage LLC

Metro Storage LLC is a privately owned, fully integrated, international self-storage operating company specializing in the development, construction, acquisition, and management of self-storage facilities in the USA and Brazil. Metro operates under the trademark Metro Self Storage in the US, being one of the top 10 largest owner/operators of self-storage facilities in the United States with over 95 stores covering 11 states. Metro operates in Brazil under the trade name MetroFit which is one of the fastest growing self-storage companies in Brazil. More information about the firm is available at http://www.metrostoragecorporate.com.

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Martin Gallagher
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