STOCK TITAN

Now Open: U-Haul Center in Hershey Offers 1,000 Self-Storage Rooms

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

U-Haul has opened a new self-storage facility in Hershey, Pennsylvania, following its property acquisition in early 2022. The facility, located at 1000 Old W. Chocolate Ave., features 1,000 climate-controlled storage units in a four-story building on a 1.79-acre lot. The state-of-the-art facility includes high-tech security features, drive-in load/unload bays, and offers moving supplies. A grand-opening celebration is planned for Dec. 13, featuring free lunch, facility tours, and giveaways. The company plans to hire several local team members, with preference given to veterans.

U-Haul ha aperto una nuova struttura di self-storage a Hershey, Pennsylvania, dopo aver acquisito la proprietà all'inizio del 2022. La struttura, situata al 1000 Old W. Chocolate Ave., offre 1.000 unità di deposito climatizzate in un edificio di quattro piani su un lotto di 1,79 acri. L'impianto all'avanguardia include caratteristiche di sicurezza high-tech, baie per carico/scarico accessibili in auto, e offre forniture per il trasloco. È prevista una celebrazione per l'inaugurazione il 13 dicembre, con pranzo gratuito, tour della struttura e omaggi. L'azienda prevede di assumere diversi membri del team locale, dando priorità ai veterani.

U-Haul ha abierto una nueva instalación de autoalmacenamiento en Hershey, Pennsylvania, tras adquirir la propiedad a principios de 2022. La instalación, ubicada en 1000 Old W. Chocolate Ave., cuenta con 1,000 unidades de almacenamiento con control de clima en un edificio de cuatro pisos en un terreno de 1.79 acres. La moderna instalación incluye características de seguridad de alta tecnología, rampas para carga y descarga, y ofrece suministros de mudanza. Se planea una celebración de inauguración para el 13 de diciembre, con almuerzo gratuito, recorridos por la instalación y sorteos. La empresa planea contratar a varios miembros del equipo local, con preferencia para los veteranos.

U-Haul펜실베니아주 허쉬에 새로운 셀프 스토리지 시설을 열었습니다. 이는 2022년 초 부동산 인수 후 이루어진 것입니다. 1000 Old W. Chocolate Ave.에 위치한 이 시설은 1,000개의 기후 조절 창고 유닛을 갖춘 4층 건물로, 1.79에이커의 부지에 지어졌습니다. 이 최첨단 시설은 고급 보안 기능, 차량 진입 및 하역 구역을 포함하며, 이사 용품도 제공합니다. 12월 13일에는 무료 점심, 시설 투어 및 경품 행사가 포함된 개관 축하 행사가 예정되어 있습니다. 회사는 여러 지역 팀원의 채용을 계획하고 있으며, 재향군인에게 우선권을 줄 예정입니다.

U-Haul a ouvert une nouvelle installation de self-stockage à Hershey, Pennsylvanie, suite à son acquisition de propriété au début de 2022. L'installation, située au 1000 Old W. Chocolate Ave., comprend 1 000 unités de stockage climatisées dans un bâtiment de quatre étages sur un terrain de 1,79 acre. L'installation à la pointe de la technologie inclut des caractéristiques de sécurité high-tech, des aires de chargement/déchargement accessibles en voiture et propose des fournitures de déménagement. Une grande célébration d'ouverture est prévue pour le 13 décembre, avec un déjeuner gratuit, des visites de l'installation et des tirages au sort. L'entreprise prévoit d'embaucher plusieurs membres de l'équipe locale, en donnant la préférence aux vétérans.

U-Haul hat eine neue Self-Storage-Anlage in Hershey, Pennsylvania eröffnet, nachdem das Unternehmen Anfang 2022 das Grundstück erworben hat. Die Anlage, die sich in der 1000 Old W. Chocolate Ave. befindet, bietet 1.000 klimatisierte Lagerräume in einem vierstöckigen Gebäude auf einem Grundstück von 1,79 Acres. Die hochmoderne Einrichtung umfasst hochentwickelte Sicherheitsmerkmale, Lade- und Entladebuchten für Fahrzeuge und bietet Umzugsmaterialien an. Für den 13. Dezember ist eine große Eröffnungsfeier geplant, die ein kostenloses Mittagessen, Besichtigungen der Anlage und Gewinnspiele umfasst. Das Unternehmen plant, mehrere lokale Teammitglieder einzustellen, wobei Veteranen bevorzugt werden.

Positive
  • Expansion into new market with first owned-and-operated store in Hershey
  • Addition of 1,000 new climate-controlled storage units to portfolio
  • Strategic location near Harrisburg with highway access
  • Local job creation through new facility staffing
Negative
  • None.

Insights

The opening of a 1,000-unit self-storage facility in Hershey represents a modest expansion of U-Haul's storage portfolio. While the facility features modern amenities like climate control and drive-in bays, its impact on UHAL's overall revenue will be minimal given the company's extensive nationwide operations. The 1.79-acre development indicates strategic local market penetration in an underserved area, but lacks the scale to significantly move the needle for a $13.6B market cap company.

The facility's location near Harrisburg and accessibility from Highway 422 positions it well for local market capture. However, without disclosed investment costs or projected revenue figures, the financial impact remains speculative. This represents typical organic growth rather than a transformative expansion.

Grand-opening celebration currently planned for Dec. 13

HERSHEY, Pa.--(BUSINESS WIRE)-- U-Haul® is pleased to announce the opening of Pennsylvania’s newest self-storage center in Hershey after acquiring the property in early 2022.

U-Haul opened its newest self-storage facility on Oct. 28 in Hershey, Pa., offering customers a selection of more than 1,000 indoor climate-controlled storage units at 1000 Old W. Chocolate Ave. (Photo: Business Wire)

U-Haul opened its newest self-storage facility on Oct. 28 in Hershey, Pa., offering customers a selection of more than 1,000 indoor climate-controlled storage units at 1000 Old W. Chocolate Ave. (Photo: Business Wire)

U-Haul Moving & Storage of Hershey at 1000 Old W. Chocolate Ave. opened on Oct. 28. Located off Highway 422, it is about a 20-minute drive from Harrisburg. It is the Company’s first owned-and-operated store in Hershey.

The property was previously home to a small business that served as a U-Haul dealer location.

The 1.79-acre lot is now home to a state-of-the-art, four-story facility with 1,000 climate-controlled storage units featuring high-tech security features at affordable price points. Drive-in load/unload bays allow for storage customers to enjoy optimal convenience and protection from the weather.

U-Haul of Hershey also offers boxes, moving supplies, and green initiatives like the Take A Box, Leave A Box program.

Normal business hours are 9 a.m.-5 p.m. daily. Download the U-Haul app to reserve storage or contact general manager Darlene Sims at (717) 566-1372.

“We are most excited to serve Hershey with this new facility,” said Kurt Hoffman, U-Haul Company of Harrisburg president. “This community’s self-storage needs have been underserved for some time. We are very pleased to bring our trusted U-Haul self-storage products to the wonderful residents here.”

A grand-opening celebration is currently planned for Dec. 13. The community is encouraged to stop by from 11 a.m.-3 p.m. for a free lunch (first-come basis), facility tours, U-Haul giveaways and more.

What:

Grand opening celebration

When:

Friday, Dec. 13 from 11 a.m.-3 p.m.

Where:

U-Haul of Hershey at 1000 Old W. Chocolate Ave.

Who:

Open to the public

Details:

Free lunch (first-come basis), tours, music, giveaways

Hoffman plans to hire several friendly, service-oriented Team Members to staff the new store. U-Haul will look to hire locally to promote job growth in the Hershey community. U-Haul, honored as a Best for Vets employer by The Military Times, actively recruits veterans and gives them preference in the hiring process. Find U-Haul careers at uhauljobs.com.

About U-HAUL

Founded in 1945, U-Haul is the No. 1 choice of do-it-yourself movers with more than 23,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to 192,000 trucks, 138,700 trailers and 39,500 towing devices. U-Haul is the third largest self-storage operator in North America with 1,024,000 rentable units and 88.5 million square feet of self-storage space at Company-owned and -managed facilities. U-Haul is the top retailer of propane in the U.S. and the largest installer of permanent trailer hitches in the automotive aftermarket industry. Get the U-Haul app from the App Store or Google Play.

Sydney Ellis

Jeff Lockridge

E-mail: publicrelations@uhaul.com

Phone: 602-263-6194

Website: uhaul.com

Source: U-Haul Holding Company

FAQ

When did U-Haul (UHAL) open its new storage facility in Hershey, PA?

U-Haul opened its new storage facility in Hershey, PA on October 28, 2023.

How many storage units does the new U-Haul (UHAL) Hershey facility offer?

The new U-Haul facility in Hershey offers 1,000 climate-controlled storage units.

When is the grand opening celebration for U-Haul's (UHAL) new Hershey location?

The grand opening celebration is planned for December 13, 2023, from 11 a.m. to 3 p.m.

Where is the new U-Haul (UHAL) storage facility located in Hershey?

The new U-Haul facility is located at 1000 Old W. Chocolate Ave., Hershey, PA, approximately 20 minutes from Harrisburg.

U-Haul Holding Company

NYSE:UHAL

UHAL Rankings

UHAL Latest News

UHAL Stock Data

13.81B
19.61M
60.9%
37.26%
0.78%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
Link
United States of America
RENO