Metro Self Storage Partners with Wunder to Deploy Solar Across Northeast Portfolio
CHICAGO–(BUSINESS WIRE)–Metro Self Storage engaged Wunder, a category-defining provider of commercial energy solutions, to deploy solar across their growing portfolio of self-storage facilities. The first six solar projects to come online, totaling more than 710 kW, deliver Metro substantial economic value and tangible progress against their sustainability goals, all without requiring any out-of-pocket expense. These initial systems — located in Illinois and New Jersey — are expected to generate 1,040,000 kWh of power in their first year alone — offsetting 1,606,371 pounds of CO2 emissions.
Now powered by clean, renewable energy, these six self-storage facilities — spanning more than 380,000 square feet — feature climate-controlled units, state-of-the-art security, elevator access, drive-up loading bays, and a friendly, professional staff.
“Deploying solar across our portfolio has been an incredible step forward for our business,” said Nick Gerou, Chief Investment Officer at Metro. “Not only are we unlocking new revenue, but we’re also powering our facilities with clean energy and achieving our sustainability objectives. The team at Wunder has been an outstanding partner, guiding us seamlessly through the process and ensuring success every step of the way.”
Dave Riess, CEO of Wunder, said, “We’re proud to partner with Metro. Their team has been fantastic, and we’re excited to continue expanding on this relationship and bring more projects online. Solar unlocks a lot of value for self-storage firms like Metro, and at Wunder we’ve developed a winning formula for seamlessly deploying these types of solutions at any scale.”
About Wunder
Wunder is a leading provider of enterprise-grade energy solutions for the commercial real estate market. Some of the nation’s largest and most sophisticated real estate firms and Fortune 500s rely upon Wunder to programmatically execute energy strategies across their real estate holdings. To learn more, visit www.WunderCapital.com.
About Metro Self Storage
Established in 1973, Metro Storage LLC, is a privately owned, fully integrated, international self-storage company specializing in the development, construction, acquisition, and management of self-storage facilities in the USA and Central America. Metro operates under the trademark “Metro Self Storage” in the U.S., and is one of the top 10 largest owner/operators of self-storage facilities in the United States with over 85 stores covering 12 states, representing over 6.1 million rentable square feet. More information about the firm is available at www.metrostorage.com.
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