U-Haul announced the acquisition of a former Extra Space Storage facility in Minneapolis, marking its fourth retail, moving, and storage center in the city. This new location is the 39th Company store in Minnesota, further expanding U-Haul's operational presence in the state. The facility is now serving customers.
This acquisition is a strategic move to bolster U-Haul's self-storage capacity and integrated service offerings in the Minneapolis market. The company aims to enhance customer convenience by providing additional access points for its moving and storage solutions. This expansion supports U-Haul's goal of meeting local demand.
The new facility contributes to U-Haul's extensive network, which includes truck and trailer rentals, self-storage units, and moving supplies. Such targeted acquisitions are integral to the company's strategy of growing its market share. This development reinforces U-Haul's commitment to serving the Twin Cities area.
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