LANCASTER The building where roller skating, birthday parties and more happened for more than four decades has been sold to a company known for its moving vans and self-storage options.
According to a deed filed May 11 with the Worcester County Registry of Deeds, Roll On America’s longtime home at 90 Duval Road was sold to Five SAC Self-Storage Corporation for $2.5 million.
Documents filed with the Massachusetts Secretary of State’s Corporations Division indicate the purpose of Five SAC Self-Storage Corp. is to “acquire and hold title to real property.”
The president of Five SAC Self-Storage Corp. is Mark V. Shoen, vice president of U-Haul and the largest shareholder in U-Haul s parent company, Amerco.
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The largest investor in U-Haul’s parent company, Amerco, recently bought more shares.
A limited liability company managed by Amerco (ticker: UHAL) Chairman Edward J. Shoen and his brother Mark V. Shoen paid $2.1 million on Dec. 14 and 15 for a total of 5,000 shares, an average per-share price of $428.55. According to a filing Edward Shoen filed with the Securities and Exchange Commission, the LLC, named Foster Road, now owns 8.34 million Amerco shares. Another regulatory filing shows that Foster Road owned a stake of more.
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The largest investor in U-Haul’s parent company, Amerco, recently bought more shares.
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