April 8, 2010 2:25 PM
A historic UK building that used to be a working cotton mill has been purchased by Alligator Self Storage, which will make it into a self storage facility....the five-story historic mill will become Alligator Self Storage's first northwest site. Alligator's CEO, Alister Jack, commented to the Bolton News: "Self storage businesses are a veritable Aladdin's cave....When you convert a building like Egyptian Mill to become a storage centre, the diversity of uses for the building is incredible. We anticipate all sorts of businesses will make use of the space, from builders and plumbers using it as a lock-up, to lawyers and accountants using it for archive space." [More]
March 23, 2010 3:40 PM
Alligator Self Storage, a Scottish self storage chain, has announced that it plans to expand into two or three more sites this year. It has already acquired 12 new locations over the past several months, thanks to the tireless efforts of founder Alister Jack. Jack financed the acquisition of the 12 new locations, which came from Australian investment bank Macquarie, with 20 million from Merrill Lynch (through Bank of America).
“We have the ability to finance the acquisition of more sites,” Jack told Scott Reid of Scotland on Sunday yesterday. “We would like to buy two or three in the next year, though there’s quite a bit to do in terms of integrating the latest sites.” [More]