Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
U-Haul Adapting Former Grocery into Self-Storage
U-Haul plans to open its first company-owned and-operated retail and self-storage facility in 2019. The company plans to carve out about 10,000 square feet of indoor self-storage space at a former grocery-anchored shopping center in Lake in the Hills, IL.
“U-Haul will be renovating a portion of the long-vacant Dominick’s grocery store to serve as a state-of-the-art moving and self-storage facility,” said Heather Skelton, U-Haul Company of Northwest Chicago Suburbs president. “We plan to lease part of the property to other tenants, including home décor superstore At Home. We’re excited to be a catalyst for business growth in McHenry County, while meeting customer demand.”
The acquisition of the vacant, 10.47-acre retail property at 81 N. Randall Rd. in Lake in the Hills was driven by the company’s corporate sustainability initiative to support local communities in reducing their carbon footprints via adaptive reuse of existing buildings.
Get Chicago News in 150 WordsFor comments, questions or concerns, please contact Paul Bubny
- ◦Lease
