Industry News

Lumber Family Unloads Self-Storage Facilities

The owners of Koopman Lumber & Hardware are getting out of the self-storage business.

The owners of Koopman Lumber & Hardware are getting out of the self-storage business.

The Koopman family has sold the self-storage facilities and properties next to its yards in Grafton and Whitinsville, Ma., for $6.6 million to Prime Group Holdings, a national storage facility firm based in New York. Prime owns and manages more than 200 self-storage faciities in 23 states.

Koopman has seven stores and two distribution centers in Massachusetts.

526 Media Group

Publisher of two monthly magazines for LBM dealers and distributors—The Merchant Magazine, founded in 1922 to serve the western U.S., and Building Products Digest, formed in 1982 to serve east of the Rockies.

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