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XtraSpace Self Storage to Open New Facility in Vereeniging, South Africa

Article-XtraSpace Self Storage to Open New Facility in Vereeniging, South Africa

<p>XtraSpace Self Storage is expected to open the 18th facility in its portfolio on Dec. 1 in Vereeniging, Gauteng, South Africa. The new facility will serve an area known as the Vaal Triangle, an urban center formed by the cities of Vereeniging, Vanderbijlpark and Sasolburg, as well as surrounding communities. Phase one of the property will include 250 storage units, with another 200 units scheduled to be added in 2015.</p>

XtraSpace Self Storage in Vereeniging, South Africa***XtraSpace Self Storage is expected to open the 18th facility in its portfolio on Dec. 1 in Vereeniging, Gauteng, South Africa. The new facility will serve an area known as the Vaal Triangle, an urban center formed by the cities of Vereeniging, Vanderbijlpark and Sasolburg, as well as surrounding communities. Phase one of the property will include 250 storage units, with another 200 units scheduled to be added in 2015.

Units will range in size from 3 to 30 square meters, and 100 covered bays will be available for boat/RV storage. The facility will also include a business center with flexible offices for small and medium-sized companies, meeting rooms, free Internet, and copying and fax facilities. The company will also offer an in-house courier service.

XtraSpace Self Storage entered the South African market in 2007. The companys portfolio comprises more than 100,000 square meters of rentable space.