Snapbox Self-Storage, a self-storage company founded in Philadelphia in 2013, has merged with North Carolina-based Go Store It Self Storage, writes Ariana Perez-Castells for The Philadelphia Inquirer.

As the two companies join forces, they will be able to offer more than 10 million square feet of storage space across the country.

The two companies will now operate as one under the name, Go Store It Self Storage, and oversee over 145 storage locations across 23 states.

“We are confident that together, as one team, we will build one of the premier self-storage platforms in the U.S.,” Jake Ramage, Snapbox Self-Storage CEO, said in a statement.

Snapbox Self-Storage has 50 locations across the country.

The two companies said in a statement that the merger is designed partially to help propel growth in acquisitions and development.

“With a strengthened national presence, the [company] is well-positioned to leverage its collective expertise and pursue growth opportunities more aggressively,” the statement reads.

The self-storage industry brings the United States over $44 billion each year.

In 2018, there was 16.5 million square feet of self-storage throughout the Philadelphia area across 316 locations with more popping up throughout the region in recent years.

Read more about the big self-storage company merger and its prevalence in the region in The Philadelphia Inquirer.

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