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StorageBlue Named to 2020 Inc. 5000 List
StorageBlue LLC, which operates five self-storage facilities in New Jersey, has been named to “Inc.” magazine’s list of 5,000 fastest-growing private companies for 2020. It ranked No. 4,970 overall and No. 309 in the Consumer Products and Services category, with 55 percent year-over-year growth in revenue, according to a press release.
The annual Inc. 5000 list identifies the private companies with “the most proven track records,” ranked by revenue growth. Companies on the 2020 list account for $209.7 billion in revenue, according to the Inc. website. StorageBlue ranked just behind government-services company VersaTech and ahead of financial-services firm Guaranteed Rate Cos. Software company OneTrust ranked No. 1 with 48,337 percent growth. Rounding out the top five were two health-related businesses, a media company and a telecommunications firm.
New York’s Piermont Bank Financed The $6M State Of The Art Storage Facility Renovation with the Project’s Long Term Success At The Heart of the Deal
New York, NY, and Garfield, N.J. – StorageBlue, New Jersey’s most consumer-centric and self-proclaimed lowest-priced self-storage brand continues their New Jersey expansion efforts with the grand opening of their Garfield location at 170 River Drive, Garfield, NJ 07026. The project. The $6M project was financed by New York’s Piermont Bank and the location is now officially celebrating its grand opening.
The deal, designed to ensure the long term success of the project, was spearheaded by Piermont Bank. Says Rob Rynarzewski, Head of Commercial Real Estate, Piermont Bank, “Piermont was able to work with Alan at StorageBlue to creatively structure an interest-only loan that would give him the time needed to lease-up his newest facility in Garfield. This is another example of how the Piermont team is able to think outside of the box for our clients. We also believe it is about building a long-term relationship that will support each other’s growth.”
NJ Self-Storage Operator StorageBlue Takes Measures to Fight Coronavirus
StorageBlue LLC, which operates five self-storage facilities in New Jersey, has taken measures to ensure the safety of its employees and customers during the coronavirus pandemic. The company recently installed clear corrugated panels in the management office at each of its sites to enforce social distancing. The polycarbonate plastic is stronger and more durable than traditional fiberglass while still allowing 90 percent light transmission, according to a press release.
The custom-fitted panels were placed in front of tenant rental stations to shield employees and customers from direct person-to-person contact. Hand sanitizer is also available at each area.