U-Haul Buys Phoenix Skyscraper for New Headquarters

Dow Jones2024-12-07

By Sarina Isaacs

U-Haul said it bought the third-tallest skyscraper in Phoenix for its new headquarters.

The moving company, which is already based in Phoenix and headquartered a block away from its new offices, said it finalized its purchase of 20 E. Thomas Road on Friday. The company plans to transition its field-support teams from the old HQ to the new one over the next two years.

"This acquisition will help us build on our efficiency at the home office so that we can better support our field teams serving the mobility and storage needs of North America," said U-Haul Chairman Joe Shoen.

Write to Sarina Isaacs at sarina.isaacs@wsj.com

(END) Dow Jones Newswires

December 06, 2024 15:57 ET (20:57 GMT)

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