U-Haul Opens New Self-Storage Facility Near University of Illinois in Champaign
U-Haul has officially opened a new self-storage facility at 306 E University Ave., Champaign, Illinois, serving customers since January 16. The five-story facility offers a variety of unit sizes and features designed to meet the needs of the local community, including proximity to the University of Illinois.
Key Points:
Facility Overview
Size: 84,360 square feet across five stories. Units: 1,125 indoor storage units, including: 740 climate-controlled rooms. 385 indoor heated rooms. Unit Sizes: Small: 25-50 sq. ft. Medium: 100 sq. ft. Large: 200 sq. ft.
Amenities and Services
Professional hitch installation and towing accessories. Retail showroom offering moving supplies. Drive-in load/unload bays for easy access. Access to truck and trailer sharing services.
Local Impact and Employment
Location is less than 1 mile from the University of Illinois. Facility to employ 15 local staff members, as per U-Haul Co. of Illinois president Kevin Barringer.
Industry Context
According to a Yardi Matrix report, as of December, there were 3,305 self-storage properties at various stages of development across the U.S., with 790 under construction, representing 3.1% of total stock.
