AMERCO Real Estate Expands U-Haul Self-Storage Operations with the Purchase of the Nabisco Building in Detroit's New Center

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Aug 16, 2012, 05:00 ET

DETROIT, Aug. 16, 2012 /PRNewswire/ -- AMERCO Real Estate today announced that it has expanded the U-Haul network of self-storage locations with its purchase of a 250,000 square foot historical structure. Originally built in 1920 as a bakery, the National Biscuit Company later became known as Nabisco. It is located in Detroit's New Center at 899 West Baltimore Street, Detroit, Michigan.

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U-Haul recognizes all that the city of Detroit has contributed to our corporate success as well as the contributions this city has made to the mobility of North Americans. This acquisition is just one of the many purchases we make to help revitalize historic districts throughout the country.

"U-Haul wants to give back to the great city of Detroit by expanding and investing in it," stated Joe Shoen, Chairman, U-Haul International, Inc.

The U-Haul Detroit Revitalization project will provide economic growth, development and revitalization to the community. U-Haul is dedicated to its commitment to the community and has created a website along with social media forums to inform and communicate with the community about the U-Haul Detroit Revitalization project along with other community projects, events and new developments. Learn more by visiting www.uhaul.com/movingdetroit, http://www.facebook.com/UHaulCompany/app_329299120497326 and join the conversation on Twitter using hashtag #MovingDetroit.

"Our goal is to bring economic stability and foster community togetherness in the city through this revitalization project," continued Shoen. "Our intention is to support the city and the growing community of Detroit. We know that it's the right thing to do."

Once the project is complete, the new U-Haul Moving and Storage of Detroit will rent trucks and trailers. The seven-story, concrete structure will feature more than 930 indoor, single-level self-storage rooms, providing more than 62,790 square feet of self-storage, which should be completed within a year.

U-Haul is currently looking for local residents in the community to write for the Moving Detroit Blog. Apply through the Moving Detroit Facebook application on U-Haul Company's Facebook page. http://www.facebook.com/UHaulCompany/app_329299120497326

About U-Haul
U-Haul was founded by a Navy veteran who grew up during the Great Depression. Tires and gas were still rationed or in short supply during the late 1940s when U-Haul began serving U.S. customers. Today, that background is central to the U-Haul Sustainability Program: "Serving the needs of the present without compromising the ability of future generations to meet their own needs." Our commitment to reduce, reuse and recycle includes fuel-efficient moving vans, neighborhood proximity, moving box reuse, moving pads made from discarded material and packing peanuts that are 100% biodegradable. Learn more about these facts and others at uhaul.com/sustainability.

Since 1945, U-Haul has been the choice for the do-it-yourself mover. U-Haul customers' patronage has enabled the Company to maintain the largest rental fleet in the do-it-yourself moving industry which includes trucks, trailers and towing devices. U-Haul also offers storage throughout North America. The Company provides industry leading moving and storage boxes and an extended line of packing supplies to protect customer possessions. U-Haul is the consumer's number one choice as the largest installer of permanent trailer hitches in the automotive aftermarket. The Company supplies alternative-fuel for vehicles and backyard grills as one of the nation's largest retailers of propane.

Contact:
Joanne Fried
Ashleigh Wagner
U-Haul Public Relations
(602) 263-6194
[email protected]

SOURCE U-Haul