Quraz was founded in 2001 to acquire existing, well- located but underutilized buildings and reposition them as high quality rental-storage facilities. Since 2001, Quraz has opened 39 properties in dense, urban locations and has substantially converted all of those buildings resulting in 24,000 units.
Quraz is the largest owner and operator in the JPY24bb indoor Japanese rental-storage market, and maintains an approximate 20% market share. For three years in a row, 2010-2012, Quraz was ranked #1 overall (#1 in eight categories) in the rental-storage customer satisfaction ranking by Oricon.
Company Name
Quraz, Ltd., d/b/a Quraz
Founded
2001
Owner
The Baupost Group, a US-based investment firm founded in 1982.
Lender
Sumitomo Mitsui Banking Corporation (SMBC)
Capital
JPY450 million
President and
Representative Director
Stephen Spohn
Number of Employees
160 full and part-time staff as of August, 2011
Business
Rental-storage owner and operator
Corporate Headquarters
Ebisu East Bldg. 1-13-7 Hiroo, Shibuya-ku, Tokyo 150-0012
TEL: 03-6830-8600 / FAX: 03-5449-2200