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Menards Goes Into the Self Storage Business

by Kim Kilpatrick October 4, 2010 11:15 PM
What can you do with a large, empty building that was previously used as a discount retail superstore? Make a self storage warehouse out of it. That’s what several retailers and real estate developers, after trying unsuccessfully to sell vacant buildings in a rough real estate market, are concluding. Over the summer, a group of Dallas real estate developers bought an old Walmart and converted it to a Just Store It facility. Now Menards has followed suit, turning its old Eau Claire, Wisconsin facility into a self storage business -- Menards Self Storage. [More]