Monday, April 2, 2018 || By Local News Curator || @maywoodnews
Featured image: The former Jewel-Osco complex that will soon become a U-Haul contemporary storage facility in Melrose Park. | Courtesy U-Haul
U-Haul is planning to open 1,300 contemporary self-storage units inside of the former Jewel-Osco corporate offices at 1975 W. North Ave. The moving equipment and storage rental company acquired the two-building complex on Feb. 16, according to a statement the company released on March 16.
Currently U-Haul Moving & Storage of Melrose Park offers 924 self-storage rooms at the facility, where customers can also rent trucks and trailers, towing equipment and other services.
According to a Chicago Business Journal report, U-Haul “acquired the facility from Melrose Storage, which apparently was responsible for converting the grocery chain headquarters into storage space.”
Jewel-Osco vacated the complex in 2014. The grocery and pharmacy store chain is now owned Albertson, based Idaho, according to Business Journal.
“Once the 118,166-square-foot space is renovated, it will offer about 1,300 self-storage units with high-tech security features and indoor climate-control and heating options,” the statement reads. “U-Haul Remote 24/7® access, the Take A Box, Leave A Box® program and much more will also be available on the 5.17-acre lot.”
Benjamin Shock, the president of U-Haul Company of Central Chicago, stated that the company could hire a staff of at least 25 once the renovated facility is fully operational. The company, he said, will look to hire locally within nearby suburbs.
“We’ve been looking to expand in this area, and we’re excited to bring our self-storage product to Melrose Park,” Shock said. “We’ll be providing a much-needed service while also offering employment opportunities at our new facility.”
According to the company statement, U-Haul’s acquisition of the former Jewel-Osco complex is consistent with its corporate sustainability initiative, which “supports infill developments to help local communities lower their carbon footprint.
“Our adaptive reuse of existing buildings reduces the amount of energy and resources required for new-building materials and helps cities reduce their unwanted inventory of unused buildings.”
“Reuse is extremely important to U-Haul and this community,” Shock said. “Chicagoland takes great pride in its history and ability to adapt to change. By repurposing vacant buildings, we are following that model and preserving the future through green initiatives. This is a huge part of our success and allows us to become part of many vibrant neighborhoods across Chicagoland.”
The company did not disclose how soon the renovated U-Haul facility will open.
Melrose Park company moves to Glendale Heights
Convenience Valet, a company that specializes in repacking and distributing health and beauty products, automotive supplies and other general merchandise, recently moved form its Melrose Park location, at 2755 Thomas St., to Glendale Heights. The move, the company said in a statement, was due to go into effect on March 26.
Convenience Valet’s old Melrose Park facility. | LoopNet
The company, which is owned by Weinberg Capital Group, a Cleveland-based private equity firm, said that it had outgrown its Melrose Park facility, where it was housed for 17 years. That facility was around 100,000 square feet. The new facility, the company stated, is 150,000 square feet.
“With 11 loading docks as opposed to the current [four], Convenience Valet greatly increases its capacity for smooth shipments and deliveries,” the statement reads. “The new offices are also an open, collaborative space allowing for a better work environment for current and future employees.”
The company’s new Glendale Heights facility. | Weinberg Capital Group
Steve Jungmann, the Convenience Valet’s president and CEO, said that the company’s decision to expand its warehouse and office space “is the logical next step in our growth strategy. It sets us up to expand and grow in many new ways, while still delivering our excellent customer service.”
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