Metro Storage LLC, which operates more than 100 self-storage locations in 11 states, has acquired a former warehouse in Northbrook, Ill., which it plans to convert to a Metro Self Storage facility. The property at 2121 Shermer Road will feature a two-story building encompassing 67,000 rentable square feet of storage space in 660 climate-controlled units.
Interior demolition and conversion of the building is scheduled to begin in May. As part of the project, Metro will create a second-floor mezzanine within the building. The new facility will feature multiple elevators and loading points, advanced security and a large, modern business office.
“There is high demand for quality self-storage in the Chicago area.” said Matt Nagel, chairman. “This property is located in an excellent location to meet that demand.”
The new facility is scheduled to open in the fall. It will be the company’s 18th store in the Chicago area.
Headquartered in Lake Forest, Ill., Metro Storage is a privately owned, fully integrated real estate operating company specializing in the acquisition, development and management of self-storage facilities nationwide.
