Amerco Real Estate Co., the Phoenix-based real estate arm of U-Haul Holding Co. (NYSE: UHAL), has announced the promotion of Parul Butala to president.
Butala has been with U-Haul since 1994 and was previously as director of land use and planning. She succeeds Matt Braccia, who is stepping down after nearly 30 years as the company’s president.
Amerco’s portfolio includes 2,431 owned-and-operated self-storage locations across all 50 states and 10 Canadian provinces.
“My goal is to strengthen communication across our teams, better support our field operations, and continue improving the way we acquire, develop, and deliver properties,” Butala said. “I believe our greatest strength is our people. I look forward to listening, learning, and working alongside our team to foster a culture built on trust, accountability, collaboration, and continuous improvement.”
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