STOCK TITAN

U-Haul Self-Storage Facility Opens on Old Hwy. 67 in Biloxi

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

U-Haul has opened a new self-storage facility in Biloxi, Mississippi at 12011 Old Highway 67. The facility, acquired on Sept. 26 and opened on Oct. 1, features 344 indoor climate-controlled storage units. This marks U-Haul's first owned and operated store in Biloxi and 14th in Mississippi. Located near Interstate 10 and MS Highway 15, the facility includes a retail showroom for boxes and moving supplies. Future services will include moving trucks, trailers, towing devices, and propane tank exchange. The facility plans to hire four team members and operates Monday-Saturday, 8 a.m.-4 p.m.

U-Haul ha aperto una nuova struttura di self-storage a Biloxi, Mississippi, in 12011 Old Highway 67. La struttura, acquisita il 26 settembre e aperta il 1 ottobre, offre 344 unità di stoccaggio interne e a clima controllato. Questo segna il primo negozio di proprietà e gestione di U-Haul a Biloxi e il 14° nel Mississippi. Situata vicino all'Interstate 10 e alla MS Highway 15, la struttura include un showroom al dettaglio per scatole e materiali per il trasloco. I servizi futuri includeranno camion per traslochi, rimorchi, dispositivi di traino e scambio di bombole di propane. La struttura prevede di assumere quattro membri del team e opera da lunedì a sabato, dalle 8:00 alle 16:00.

U-Haul ha abierto una nueva instalación de autoalmacenamiento en Biloxi, Misisipi, en 12011 Old Highway 67. La instalación, adquirida el 26 de septiembre y abierta el 1 de octubre, cuenta con 344 unidades de almacenamiento climatizadas interiores. Esto marca la primera tienda de propiedad y operación de U-Haul en Biloxi y la 14ª en Misisipi. Ubicada cerca de la Interestatal 10 y la MS Highway 15, la instalación incluye una sala de exhibición para cajas y suministros de mudanza. Los servicios futuros incluirán camiones de mudanza, remolques, dispositivos de remolque y cambio de tanques de propano. La instalación planea contratar a cuatro miembros del equipo y opera de lunes a sábado, de 8 a.m. a 4 p.m.

U-Haul은 미시시피주 빌록시에 위치한 12011 Old Highway 67에 새로운 셀프 스토리지 시설을 열었습니다. 이 시설은 9월 26일에 인수되어 10월 1일에 개장하였으며, 344개의 실내 기후 조절이 가능한 저장 유닛을 갖추고 있습니다. 이는 U-Haul이 빌록시에 운영하는 첫 번째 매장이자 미시시피주에서 14번째 매장입니다. 이 시설은 인터스테이트 10 및 MS 하이웨이 15 근처에 위치하며, 상자 및 이사 용품을 위한 소매 전시 공간을 포함하고 있습니다. 향후 서비스로는 이사 트럭, 트레일러, 견인 장치 및 프로판 가스통 교환이 포함됩니다. 이 시설은 네 명의 팀원을 채용할 계획이며, 월요일부터 토요일까지 오전 8시부터 오후 4시까지 운영됩니다.

U-Haul a ouvert une nouvelle installation de self-stockage à Biloxi, Mississippi, au 12011 Old Highway 67. L'installation, acquise le 26 septembre et ouverte le 1er octobre, propose 344 unités de stockage intérieures à contrôle climatique. Cela marque le premier magasin détenu et exploité par U-Haul à Biloxi et le 14ème dans le Mississippi. Située près de l'Interstate 10 et de la MS Highway 15, l'installation comprend un showroom de vente pour des boîtes et des fournitures de déménagement. Les services futurs comprendront des camions de déménagement, des remorques, des dispositifs de remorquage et un échange de bouteilles de propane. L'installation prévoit d'embaucher quatre membres de l'équipe et est ouverte du lundi au samedi, de 8 h à 16 h.

U-Haul hat eine neue Selfstorage-Anlage in Biloxi, Mississippi, unter der Adresse 12011 Old Highway 67 eröffnet. Die Einrichtung, die am 26. September übernommen und am 1. Oktober eröffnet wurde, bietet 344 klimatisierte Innenlagerabteile. Dies ist der erste im Eigentum von U-Haul stehende und betriebene Standort in Biloxi und der 14. im Bundesstaat Mississippi. Die Anlage befindet sich in der Nähe der Interstate 10 und der MS Highway 15 und umfasst einen Verkaufsraum für Kartons und Umzugsmaterialien. Zukünftige Dienstleistungen werden Umzugstrucks, Anhänger, Abschleppgeräte und den Austausch von Propantanks umfassen. Die Einrichtung plant, vier Teammitglieder einzustellen und ist von Montag bis Samstag von 8 bis 16 Uhr geöffnet.

Positive
  • Expansion of U-Haul's presence in Mississippi with first owned facility in Biloxi
  • Addition of 344 new climate-controlled storage units doubles company's storage capacity on Mississippi Gulf Coast
  • Strategic location near major highways (I-10 and MS 15) enhancing accessibility
Negative
  • None.

Insights

The opening of a new self-storage facility in Biloxi represents an incremental expansion for U-Haul but has minimal impact on the company's overall financial position. With 344 climate-controlled units, this facility modestly increases U-Haul's footprint in Mississippi to 14 locations. While the strategic location near military bases could provide steady demand, the facility's size and scope are too small to materially affect UHAL's revenue or stock performance given the company's $12.8B market cap.

The timing aligns with broader industry trends showing increased demand for self-storage in secondary markets, though the impact on earnings will likely be negligible. The quick turnaround from acquisition to operation (September 26 to October 1) demonstrates efficient execution but isn't a significant catalyst for stock movement.

With 344 climate-controlled units, U-Haul of Biloxi is near I-10 and MS 15

BILOXI, Miss.--(BUSINESS WIRE)-- U-Haul® is now operating at a new self-storage location in Biloxi, offering a variety of 344 indoor climate-controlled units for rent at 12011 Old Highway 67.

U-Haul Moving & Storage of Biloxi was acquired on Sept. 26 and opened for business on Oct. 1. Construction was completed on the one-story building in August. The storage property was vacant upon purchase.

This is the first U-Haul-owned and -operated store in Biloxi and the Company’s 14th in Mississippi. It is conveniently located at Old Highway 67 and Cedar Lake Road, just moments from Interstate 10 (exit 44) and Mississippi Highway 15.

“This facility has allowed U-Haul to add twice as many self-storage units on the Mississippi Gulf Coast,” stated Charles Johnston, U-Haul Company of Mississippi president. “We are now able to better service the community and the active military members who serve on the many nearby bases.”

In addition to self-storage rooms with high-tech security options at affordable price points, U-Haul of Biloxi offers a retail showroom with boxes and moving supplies. In the future, customers can expect to have access to moving trucks, trailers, towing devices, propane tank exchange, and green initiatives like the Take A Box, Leave a Box program.

U-Haul of Biloxi business hours are 8 a.m.-4 p.m. Monday-Saturday. Download the U-Haul app or call the store at (228) 273-1044 to reserve storage.

Johnston plans to hire four Team Members to help staff the new facility. U-Haul seeks to hire locally to promote job growth within the communities it serves. U-Haul, founded by a WWII Navy veteran and honored as a Best for Vets employer by The Military Times, actively recruits veterans and gives them hiring preference. 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 open its new storage facility in Biloxi (UHAL)?

U-Haul opened its new storage facility in Biloxi on October 1, 2023, after acquiring the property on September 26, 2023.

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

The new U-Haul facility in Biloxi offers 344 indoor climate-controlled storage units.

What are the operating hours of the new U-Haul Biloxi facility (UHAL)?

The U-Haul facility in Biloxi operates from 8 a.m. to 4 p.m., Monday through Saturday.

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

The facility is located at 12011 Old Highway 67, near Interstate 10 (exit 44) and Mississippi Highway 15.

U-Haul Holding Company

NYSE:UHAL

UHAL Rankings

UHAL Latest News

UHAL Stock Data

13.73B
108.58M
60.9%
37.45%
0.78%
Rental & Leasing Services
Services-auto Rental & Leasing (no Drivers)
Link
United States of America
RENO