Expansion
U-Haul Lights Its 25-Story Phoenix Tower After Moving Nearly 2,000 Employees
By News Desk ·
Key takeaways
- U-Haul's signage atop its 25-story, 397-foot tower at 20 E. Thomas Road in Phoenix lit at dusk on November 12.
- U-Haul spent two years and millions of dollars improving the 548,938-square-foot building it acquired in December 2024.
- Nearly 2,000 employees relocated from the two 11-story Central Towers at 2727 Central Ave. to the new headquarters.
U-Haul lit the signage atop its new 25-story corporate tower at 20 E. Thomas Road in Phoenix starting November 12, capping a two-year buildout that moved nearly 2,000 employees. The company announced the lighting in a Business Wire release ahead of a 5 p.m. grand-opening event.
Inside U-Haul's 397-Foot Midtown Tower
The 397-foot building is the tallest in Midtown and the third tallest in Arizona, and its U-Haul name now sits atop the southeast and southwest sides, lighting at dusk. Signage on the northern sides will be finished and lit later. U-Haul invested two years and millions of dollars in building improvements while relocating nearly 2,000 team members who support field operations for 26,000 rental locations across North America.
The move covers one block: U-Haul left the two 11-story Central Towers at 2727 Central Ave. for the 548,938-square-foot former CenturyLink tower, which it acquired in December 2024. The company has been headquartered in Phoenix since 1967. "People have asked me why we bought the U-Haul Tower," CEO Joe Shoen said. "The simple answer is we outgrew where we were for the past 59 years."
The 5 p.m. event at the Shoen Family Conference and Fitness Center at 45 E. Roanoke Ave. was scheduled to include remarks from Shoen, former Arizona Gov. Doug Ducey and Phoenix Councilmember Laura Pastor. Sebastien Reyes, President of A&M Associates, the advertising and marketing wing of U-Haul, said the expansion "ensures we will be a pillar and leading employer for generations to come."
U-Haul's Scale Across North America
U-Haul is North America's largest do-it-yourself moving and storage operator, renting trucks, trailers and U-Box containers alongside self-storage, moving supplies, propane and hitches, according to akta.pro company records. The same records put its footprint at more than 25,000 locations across the US and Canada, including over 1,500 company-owned U-Haul Centers and more than 15,000 independent dealers.
U-Haul's Recent Earnings and Arizona Relief
U-Haul Holding Company reported net earnings of $136.7 million for the second quarter of fiscal 2027, up from $105.6 million a year earlier, with earnings per share of $0.71 versus $0.54, Stock Titan reported on November 4. On November 2, Stock Titan reported that U-Haul was offering 30 days of free self-storage and U-Box container use at 94 Arizona stores to residents affected by severe flooding.
What Comes Next for the Tower
U-Haul said signage atop the northern sides of the tower will soon be finished and glow as well. The company's own announcement of the lighting accompanied the November 12 grand-opening event.