U-Haul Co. of Southern New Jersey has acquired Cedar Brook Self Storage at 59 N. Route 73 in Cedarbook, N.J., and rebranded it as U-Haul Moving and Storage of Cedar Brook. The facility encompasses 40,159 square feet of storage space on 11.58 acres of land. It features four single-story buildings containing 265 units, 62 of which are climate-controlled, and 33 RV-parking spaces. The property also includes a rental office and maintenance building, and provides truck and trailer rentals. U-Haul also purchased an abutting parcel of land on which it plans to develop a U-Box moving and portable-storage container warehouse.
The acquisition of Cedar Brook Self Storage was driven by U-Haul’s corporate sustainability initiatives, which support infill development to help local communities lower their carbon footprint, according to a company press release. U-Haul’s adaptive reuse of buildings eliminates the amount of energy and resources required for new-construction materials and helps local cities diminish their unwanted inventory of unused buildings, U-Haul officials said.
Established in 1945, U-Haul International Inc. has more than 40 million square feet of storage space at more than 1,000 owned and managed facilities throughout North America.
Sources:
- PR Newswire: Cedar Brook, New Jersey Adds U-Haul to Community