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WHAT'S GOING ON HERE? U-Haul planning major facility south of Muskoka. The facility will feature a three-storey, climate-controlled self-storage building on a 3.6-hectare site at the former Muskoka Store property. The company plans to hire more staff, including customer service reps, facility housekeepers, and forklift drivers, to support the operation. By Brent Cooper Gravenhurst Banner Wednesday, August 19, 2026 1 min to read Article was updated 23 hrs ago JOIN THE CONVERSATION * Brent Cooper/Metroland Work continues on the land that was the former home of the Muskoka Store, now the future location of a three-storey U-Haul corporate store/storage facility. U-Haul plans to build a major facility south of Gravenhurst over the next few years. Just the facts. * U-Haul International has confirmed it is building a three-storey climate-controlled self-storage facility at the former Muskoka Store property at 2266 Highway 11 North. * It says work is ongoing on the 3.6-hectare location to prepare the site, with the possibility of construction starting next year. A spokesperson said the company acquired the land in July. * U-Haul is currently operating out of a small log cabin on site, which is acting as a temporary showroom, with a full corporate store to include moving supplies, towing essentials, bundles of boxes, specialty bags, storage tote containers, locks and more. * The company will use a big boat salvaged from the old Muskoka Store and repurpose it in the new building once it is finished. * The Muskoka Store was first founded in 1979 by cottager Bruce Clark. Initially called Muskoka Windsurfing, the business has always been rooted in promoting all things outdoors. Over time, it evolved from a windsurfing store to an iconic cottage outfitter. * But in the past few years, the large building that housed the business for many years closed and was put up for sale. The operation continued in the small log cabin - now the U-Haul showroom - for a period of time until it too closed. * The company said its Bracebridge and Gravenhurst dealers will remain operational and these locations will not have as much equipment on site for its customers. In case extra equipment is needed, items would be located at the new corporate store and transported as required. * The company will be looking at hiring more staff once the new building is operational, according to the company. * Some of the available positions will be customer service reps, facility housekeepers to clean the storage, forklift operators and car jockeys to pull equipment from the dealers to the corporate store. ARTICLE CONTINUES BELOW

Now open: first U-Haul Center in Hot Springs features 850 storage units. MWN-AI** Summary. U-Haul has officially opened its first retail, moving, and self-storage facility in Hot Springs, located at 623 Files Road, to cater to the growing needs of Garland County residents. The new U-Haul Moving & Storage center, which began operations on July 24, spans 62,825 square feet and features over 850 self-storage units, including climate-controlled options. The facility is equipped with advanced security systems, drive-in access for loading and unloading in any weather, and fully ADA-compliant accessibility. U-Haul emphasizes affordability with its 1-Year Price Lock Guarantee, ensuring customers maintain a consistent monthly rate without price hikes for a full year, a competitive advantage against other industry players. The new location also provides truck and trailer sharing services, U-Box portable containers, hitch installations, and an extensive retail showroom for moving supplies. Additionally, there is a warehouse available for storing up to 600 U-Box containers. Company president Angela Cogar articulated the need for such a facility, given the city's growth and demand for climate-controlled storage. Soon, the center plans to introduce boat and RV storage options. U-Haul is committed to boosting local employment, with a plan to hire at least eight team members and a focus on recruiting veterans, enhancing job opportunities in the community. U-Haul, founded in 1945, is a leading choice for do-it-yourself movers with over 25,000 locations across North America and is recognized for its commitment to transparency and customer satisfaction. This development solidifies U-Haul's position within the self-storage market, complementing its extensive fleet and services across the continent. MWN-AI** Analysis. The recent opening of the U-Haul Center in Hot Springs, Arkansas, is a significant development that presents an interesting investment opportunity for those seeking exposure in the self-storage and moving industry. The new facility features over 850 climate-controlled storage units and incorporates modern amenities like high-tech security, drive-in access, and the innovative 1-Year Price Lock Guarantee. This pricing strategy is aligned with consumer trends favoring stability and transparency in service offerings, especially during periods of economic uncertainty marked by inflation. From a market perspective, U-Haul's entry into Hot Springs signals its commitment to addressing local demand and regional growth. The inclusion of climate-controlled options caters to specific consumer needs, which can help to shield the company from competitive pricing pressures typically seen in the storage market. Moreover, the anticipated expansion to include RV and boat storage could diversify its revenue streams, appealing to the local community that may value such services. In light of U-Haul's established market position and commitment to customer-centric pricing, investments in the company could be worthwhile. Its ability to effectively manage inflationary pressures through the Price Lock Guarantee not only differentiates it from competitors but may foster customer loyalty - a crucial element in the self-storage industry known for its competitive landscape. Furthermore, U-Haul's focus on local hiring reinforces its community-oriented approach, which can enhance brand visibility and acceptance in the area. Overall, stakeholders should consider U-Haul's innovative strategies and their responsiveness to market dynamics as promising catalysts for future growth. Investors seeking opportunities within the logistics and self-storage sectors may find U-Haul's recent initiatives in Hot Springs particularly appealing as a reflection of larger industry trends. **MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release. August 10, 2026 11:28:00 am U-Haul(R) has opened its first Company retail, moving and self-storage facility in Hot Springs at 623 Files Road to better meet the needs of Garland County. U-Haul Moving & Storage of Hot Springs U-Haul Moving & Storage of Hot Springs began serving do-it-yourself movers and storage customers on July 24. The 62,825-square-foot facility includes more than 850 self-storage units with climate-control options; high-tech security features; drive-in load and unload access for weather protection; ADA-accessible units; elevator and utility cart access; extended-hours access; and more. New self-storage rentals at U-Haul of Hot Springs come with the 1-Year Price Lock Guarantee, providing customers with a fair monthly rate to stay on budget with the certainty of no cost increases for at least a year. The Files Road location also offers truck and trailer sharing; U-Box(R) portable moving and storage containers; professional hitch installation; and a full line of boxes, moving supplies, and towing accessories from a spacious retail showroom. A U-Box warehouse on site provides storage capacity for 600 U-Box containers. "We've seen growth in the community of Hot Springs and the need for climate-controlled storage, so we decided to purchase land and build this state-of-the-art facility to serve the community," stated Angela Cogar, U-Haul Co. of Arkansas president. "We've seen a need for climate-controlled storage, and in the near future we'll also offer boat and RV storage." U-Haul will employ at least eight Team Members to staff the location. U-Haul will look to hire locally to promote job growth in the Hot Springs community. Honored as a Best for Vets leading veteran-friendly employer by The Military Times, U-Haul actively recruits veterans and gives them preference in the hiring process. Apply at uhauljobs.com. Early in 2026, U-Haul introduced the 1-Year Storage Price Lock to bolster trust with customers and draw a clear line between its major competitors that use substantial rate hikes and junk fees as part of their predatory pricing strategies to hurt budget-conscious consumers. "Other industry giants are using these bait-and-switch tactics while people are already dealing with high inflation," U-Haul CEO Joe Shoen stated in a March 2 press release. "It angers customers and dissolves trust in the entire industry. After 80 years in business, we know there is a better way to treat people." The price lock comes with benefits like: optional insurance on your storage unit (recommended but never mandatory); receive a free discus lock for your unit when renting on the U-Haul app or uhaul.com; and your first month of storage is free with a qualifying one-way equipment rental (in which case the price lock would apply to the next 11 months). This deal is now available at more than 2,100 U-Haul-owned and -operated centers across the U.S. and Canada. About U-HAUL Founded in 1945, U-Haul is the No. 1 choice of do-it-yourself movers with more than 25,000 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 its patented Live Verify technology. Its customers' patronage has enabled the U-Haul fleet to grow to approximately 207,600 trucks, 136,500 trailers and 43,200 towing devices. U-Haul, which offers rate transparency to self-storage customers through its 1-Year Price Lock, is the third largest storage operator in North America with 1,147,300 rentable storage units and 100.3 million square feet of self-storage space at 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. Dillon Rosenblatt Jeff Lockridge E-mail: [email protected] Phone: 602-263-6194 Website: uhaul.com FAQ**. How does the opening of the U-Haul Moving & Storage in Hot Springs impact the investment potential of U-Haul Holding Company Series N Non-Voting UHAL.B in the competitive self-storage market? The opening of the U-Haul Moving & Storage in Hot Springs enhances U-Haul Holding Company's investment potential in the competitive self-storage market by expanding its service offerings, increasing market share, and potentially boosting revenue through increased demand for storage solutions. In what ways could climate-controlled storage options at U-Haul facilities influence customer retention and revenue growth for U-Haul Holding Company Series N Non-Voting UHAL.B? Climate-controlled storage options at U-Haul can enhance customer retention and revenue growth by attracting clients with sensitive items, offering a competitive edge in the market, and increasing overall customer satisfaction through improved service quality and reliability. Considering the introduction of the 1-Year Price Lock Guarantee, how might this strategy affect the market share and financial performance of U-Haul Holding Company Series N Non-Voting UHAL.B compared to competitors? The introduction of the 1-Year Price Lock Guarantee could enhance U-Haul's market share and improve financial performance by attracting cost-conscious customers seeking stability, potentially giving U-Haul a competitive edge over rivals who do not offer similar guarantees. What are the potential employment and economic benefits for the Hot Springs community, and how might this local engagement influence the stock performance of U-Haul Holding Company Series N Non-Voting UHAL.B? The Hot Springs community may benefit from increased job creation and economic growth due to U-Haul's local engagement, which could enhance customer loyalty and demand, ultimately positively influencing the stock performance of U-Haul Holding Company Series N Non-Voting UHAL.B. **MWN-AI FAQ is based on asking OpenAI questions about U-Haul Holding Company Series N Non-Voting (NYSE: UHAL.B).

U-Haul grows self-storage revenue 6.8% as truck resale market stays soft. U-Haul Holding Company grew self-storage revenue 6.8% and expanded its owned storage footprint to 1,642 locations, even as occupancy softened and overall profit declined. U-Haul Holding Company grew its self-storage business nearly 7% in its fiscal first quarter even as occupancy softened, while profit declined as its core truck-rental business faced headwinds, the company said in results released Aug. 5 for the quarter ended June 30. Self-storage revenue rose $15.9 million, or 6.8%, to $250.2 million. Same-store occupancy fell 4.5 percentage points to 88.3%, but revenue per square foot rose 7.6%, indicating the company pushed rates higher even as it filled a smaller share of its units. Self-moving equipment rental revenue, U-Haul's largest segment, totaled $1,087.6 million, and total consolidated revenue reached $1,682.0 million. Storage footprint keeps expanding. U-Haul's real estate footprint in self-storage continues to grow: the company added 18 new storage locations during the quarter, totaling 1.1 million net rentable square feet, bringing its owned portfolio to 1,642 locations with 74.7 million rentable square feet and roughly 1.15 million total storage units. Another 12 million net rentable square feet is in development or pending, pointing to continued expansion in a sector that has also seen major consolidation this year, including Public Storage's $10.5 billion acquisition of National Storage Affiliates. Overall profitability declined. Net earnings available to common shareholders fell to $122.9 million from $142.3 million a year earlier, and earnings per non-voting share dropped to 63 cents from 73 cents. Moving and Storage segment EBITDA decreased $8.5 million to $536.7 million, while trailing twelve-month adjusted EBITDA stood at $1,637.3 million. U-Haul's fleet includes 207,600 trucks, 136,500 trailers and 43,200 towing devices. Truck resale market still a drag, but improving. "The pickup and van resale market is tepid, yet we produced a gain on sale this quarter after several quarters of losses," said Joe Shoen, chairman of U-Haul Holding Company. "Our U-Haul truck resale team is thoughtfully gaining ground." U-Haul's storage growth mirrors a broader theme playing out across the self-storage REIT sector this year: operators are generally holding or raising rates even where occupancy has softened from pandemic-era peaks, betting that pricing power outweighs the benefit of chasing full buildings. Rival Extra Space Storage posted 4.9% core FFO growth in the second quarter with occupancy holding roughly steady, a somewhat different pattern from U-Haul's rate-over-occupancy tradeoff this quarter. What it means. The revenue, occupancy and profit figures are drawn directly from U-Haul's own earnings release, a primary source for the quarter's results. The occupancy decline alongside rising revenue per square foot suggests U-Haul is prioritizing rate growth over full occupancy in its storage business, a common strategy among storage operators when demand softens but pricing power remains. Shoen's comments on the truck resale market reflect the company's own read on a segment that has weighed on results for multiple quarters, and the modest gain on sale this quarter is presented by the company as an early sign of improvement rather than a confirmed trend reversal. What to watch: whether the 12 million square feet of storage space in U-Haul's development pipeline continues expanding the company's real estate footprint even as same-store occupancy softens, a combination that will test whether new supply outpaces demand in markets where U-Haul is building.