The McHenry County Facility First to use Illinois Energy Conservation Authority Refinancing Program
Skokie, IL, Release: June 24, 2021. For Immediate Release
A facility in StorSafe’s Huntley portfolio received the first ever refinancing deal for a McHenry County business under the Commercial Property Assessed Clean Energy program, an initiative rolled out by the Illinois Energy Conservation Authority in 2019.
Located at 11200 Kiley Dr, Huntley, IL 60142, the facility was acquired in October 2020 and joined the StorSafe portfolio when the brand launched in April 2021. It is one of two facilities the brand owns in Huntley, and one of 10 across its multi-state footprint.
“StorSafe, as a brand, hopes to bring self-storage into the future and meet the overwhelming consumer demand for such products,”commented Matt Clark, Director of Storage Operations. “The introduction of renewable energies and green tech to our facilities is in perfect alignment with how we wish to establish our brand within the industry.”
The solar energy system at the Kiley Drive facility is anticipated to offset at least 12% of the site’s total annual energy consumption. Headline Solar of Schaumburg, Illinois oversaw the project.
Huntley Mayor Timothy Hoeft, who ran his recent campaign on a business development platform, praised the project. “Businesses like StorSafe, which demonstrate a forward thinking business presence, add value to our community. I am thrilled to see their use of renewable energies at their Huntley site.”
StorSafe is a self-storage facilities brand established in 2021. Storsafe strives to provide tenant convenience at a higher level of performance and service by leveraging mobile technology, advanced management software, online tools, facility automation, advanced security equipment and other amenities. StorSafe is owned by Elmdale Partners, a real estate investment firm with brokerage and property management operations headquartered in Skokie, Illinois. Recognized as a Crain’s Chicago Business Fast 50 Company, Elmdale Partners is one of the largest privately held companies in Chicagoland.
Elmdale Partners Press Desk