News

7/22/2021 - InSite acquires a new self storage development site in Brea, CA . . .

InSite Property Group is pleased to announce the acquisition of a development site in Brea, CA. Located with excellent visibility from E Imperial Hwy (42,000 vehicles pass per day), the new facility is surrounded by residential neighborhoods and median income of $111,000 within a 3-mile radius. The brand new development will include a 3-story 96,000 NRSF, 100% climate controlled SecureSpace self storage facility.

6/23/2021 - InSite acquires a new self storage development site in Queens, NY . . .

InSite Property Group is pleased to announce the acquisition of a development site in Queens, NY. Located in the College Point neighborhood of Queens, the new facility will serve a growing population of 440,000 residents within a 3-mile radius. The brand new development will include a 4-story 132,000 NRSF SecureSpace self storage facility.

6/15/2021 - InSite acquires a new self storage development site in Seattle, WA . . .

InSite Property Group is pleased to announce its first development site acquisition in Seattle, WA. The property is located in the West Seattle peninsula with annual average household income greater than $120,000 within 1-mile radius. The brand new development will include a 3-story 97,477 NRSF SecureSpace self storage facility.

6/9/2021 - InSite acquires a new self storage development site in Martinez, CA . . .

InSite Property Group is pleased to announce the acquisition of a 5.9-acre site in Martinez, CA. Strategically positioned with frontage along Pacheco Blvd and Sinclair Fwy (140,000 vehicles pass per day), the site is surrounded by residential neighborhoods and median income over $100,000. The brand new development will include a 3-story 115,000 NRSF SecureSpace self storage facility.

4/16/2021 - InSite acquires a new self storage development site in Los Angeles, CA . . .

InSite Property Group is pleased to announce the acquisition of a 3.5-acre site in Los Angeles, CA. Located with excellent visibility from the intersection of Firestone Blvd (28,000 vehicles pass per day) and S Alameda St (36,000 vehicles pass per day), the site is surrounded by an incredibly dense area of Los Angeles with over 470,000 residents within a 3-mile radius. The brand new development will include a 121,000 NRSF, 100% climate controlled SecureSpace self storage facility and 2 retail out-parcels.

4/1/2021 - InSite Property Group acquires RightSpace Storage in Rialto, CA . . .

InSite Property Group is pleased to announce the acquisition of RightSpace Storage in Rialto. The 37,000 NRSF facility is located at 2850 Foothill Blvd, Rialto, CA, and will be rebranded as SecureSpace Rialto. The 96% occupied property is comprised entirely of in-demand drive up units. Directly accessible from the historic U.S. Route 66 (Foothill Blvd), over 20,000 cars per day pass directly in front of the store, which is surrounded by 175,000 people living within a 3-mile radius. View the full announcement at Yahoo Finance.

3/30/2021 - InSite acquires a new self storage development site in Queens, NY . . .

InSite Property Group is pleased to announce the acquisition of a new development site located in Queens, NY. The new facility is strategically positioned with frontage along 495 FWY - Long Island Expressway (over 100,000 vehicles pass per day), and adjacent to newly completed Home Depot. The brand new development will include a 102,500 NRSF, 100% climate controlled SecureSpace self storage facility that will serve over 1,000,000 residents that live within 3 miles from the property.

3/15/2021 - InSite secures $140 million Construction Loan for National Self Storage Development Pipeline . . .

InSite Property Group (“InSite”) secured a $140 million loan from Acore Capital to fund its national self storage development pipeline. JLL Capital Markets arranged the loan, which has the ability to expand up to $215 million. InSite operates facilities under the SecureSpace Self Storage brand. The financing is part of the company’s ongoing acquisition, development and repositioning strategy that includes a pipeline of 40 projects totaling nearly 5 million square feet of core, Class A product in infill markets across the U.S. View the full announcement at JLL.

3/8/2021 - InSite acquires Statewide Self Storage in Stelton - Piscataway, NJ . . .

InSite Property Group is pleased to announce the acquisition of Statewide Self Storage in Stelton - Piscataway. The 66,000 NRSF facility is located at 1635 Stelton Rd in Piscataway, NJ, and will be rebranded as SecureSpace Stelton - Piscataway. The property offers drive-up and interior storage units, as well as storage lockers. Directly accessible from the I-287, over 20,000 cars per day pass directly in front of the store, which is surrounded by several new residential projects in a growing market. The location will complement our existing SecureSpace Piscataway store, only a few miles north. View the full announcement at Yahoo Finance.

3/4/2021 - InSite enters into a ground lease to build a new self storage facility in the Upper East Side of Manhattan, NY . . .

InSite Property Group is pleased to announce a development site in Manhattan, NY. The site is located in the ultra high barrier to entry market of the Upper East Side with over 200,000 residents and average income of $175,000 within 1-mile of the property. The development will include a new 80,000 NRSF SecureSpace self storage facility.

3/2/2021 - InSite acquires a new self storage development site in Mililani, HI . . .

InSite Property Group is pleased to announce the acquisition of a new development site located on the Island of Oahu. The new facility is strategically positioned with frontage along Interstate H-2 and will serve the community in central Oahu. The brand new development will include a 91,690 NRSF SecureSpace self storage facility along with 20 Boat & RV parking spots and expect to open our doors in 4Q2021.

2/24/2021 - InSite acquires a self storage development site in San Pedro, CA . . .

InSite Property Group is pleased to announce the acquisition of a development site in San Pedro, CA. Located with excellent visibility from Gaffey St (18,000 vehicles pass per day), the site is located adjacent to Home Depot and just east of Palos Verdes, one of Los Angeles most affluent areas with a median income of $150,000. The development will include a 3-story 101,000 NRSF SecureSpace self storage facility.

1/20/2021 - InSite Closes on New Store in Palm Harbor, FL . . .

Continuing their robust growth, InSite Property Group announces an off-market acquisition of a Certificate of Occupancy project in the Tampa-St. Petersburg-Clearwater metro. Built on a 6.4 acre parcel, the three story building offers 71,900 square feet of climate-controlled storage space and 67 covered parking spots. Located only a half mile from the coast, the newly developed, Class A property at 265 Palm Harbor Blvd will be operated by InSite’s wholly-owned management firm as SecureSpace Palm Harbor. View the full announcement at Yahoo Finance.

1/7/2021 - InSite acquires 10-acre self storage development site in Richmond, CA . . .

InSite Property Group is pleased to announce the acquisition of a 10-acre site in Richmond, CA. Strategically positioned between the I-80 and Richmond Parkway, the site is surrounded by residential neighborhoods with a growing population of 127,000 residents within a 3-mile radius. The development will include a 111,788 NRSF SecureSpace self storage facility and 235 Boat & RV parking spots; 113 covered by solar and 122 uncovered.

12/28/2020 - InSite acquires 2 self storage facilities in Portland, OR . . .

InSite Property Group is excited to announce the acquisition of 2 self storage facilities in Portland, Oregon. The acquisition includes one certificate of occupancy (“C/O”) facility located at 16017 SE Division St, in addition to the acquisition of the recently opened Extra Space on 3737 NE Columbia Blvd. The acquisition of over 250,000 combined NRSF in Portland is just the first closing of a portfolio of properties InSite is purchasing from the same seller. View the full announcement at Yahoo Finance to learn more.

12/15/2020 - InSite acquires 9.9-acre self storage development site in San Diego, CA . . .

InSite Property Group is pleased to announce the acquisition of a 9.9-acre site in San Diego, CA. Strategically positioned at the intersection of the I-15 and Ted Williams (CA-56) freeway, the site sits between several of the highest income residential neighborhoods in San Diego County. The development will include a 109,725 NRSF SecureSpace self storage facility and drive-up access to all units. In addition to 115 Boat & RV parking spots, a convenient RV wash and dump station will be available on site.

12/3/2020 - InSite acquires A Storage Place in Spring Valley, CA . . .

InSite Property Group is pleased to announce the off-market acquisition of A Storage Place in the Greater San Diego area. The facility, located at 11902 Campo Rd in Spring Valley, CA, will be rebranded as SecureSpace Spring Valley. This property offers +/-92,000 SF of climate controlled and drive-up units, all accessible from ground level. Positioned at Jamacha Junction, where the CA-94 and the CA-54 intersect, over 60,000 vehicles per day pass in front of the store. The Class A facility has experienced strong lease-up since opening in the fall of 2019 and the income stream is enhanced by a pair of commercial tenants. View the full announcement at Yahoo Finance to learn more.

12/2/2020 - InSite announces the grand opening of a new self storage facility in Torrance, CA . . .

InSite Property Group is excited to announce the grand opening of SecureSpace Torrance. The newly built, Class A SecureSpace Self Storage facility is strategically located at 722 W 220th St, Torrance, CA between the Harbor-UCLA Medical Center and I-110, only 10 miles south-east of the Los Angeles International Airport (LAX). This new SecureSpace location offers 71,000 square feet of climate-controlled self storage space with units ranging from 5’x5’ to 10’x25’. The 3-story facility will also offer parking to accommodate boats and RVs. Well located for consumer and business users alike, the site was acquired in 2019 by InSite Property Group, the parent company of SecureSpace, and developed into the world-class self storage facility that is now open for business. View the full announcement at MarketWatch to learn more.

11/19/2020 - InSite sits down with Inside Self Storage to discuss the chief roles needed when assembling a self storage development team . . .

Inside Self Storage dives deeper with InSite Property Group breaking down the key roles that form a successful self storage development team. Laying out the different tasks and responsibilities that are necessary when developing a self storage project, InSite hones in on the specialists that will keep the overall development process smooth and efficient. Read the full article at Inside Self Storage.

11/18/2020 - InSite acquires Self Storage Plus in Lanham, MD . . .

InSite Property Group is pleased to announce the acquisition and pending renovation of Self Storage Plus in the Washington, DC metro. The store, located at 10108 Greenbelt Rd in Lanham, MD, will be operated by InSite’s wholly-owned management firm and rebranded as SecureSpace Lanham. This property offers 100,000 square feet of climate-controlled and drive-up storage space, as well as outdoor boat and RV parking. Visible from the intersection of Greenbelt Rd and Good Luck Rd, through which over 40,000 cars pass each day, SecureSpace Lanham is positioned amidst extensive residential redevelopment and ¼ mile from NASA’s Goddard Space Flight Center - the area’s chief economic driver. View the full announcement at Yahoo Finance to learn more.

10/15/2020 - InSite acquires Whitney 19 Self Storage in Clearwater, FL . . .

InSite Property Group is pleased to announce the acquisition and pending renovation of Whitney 19 Self Storage located at 16809 US Hwy 19 in Clearwater, FL. The property, which offers 70,000 square feet of ground-floor self storage space with both climate-controlled and drive-up units, RV parking, and office space, will be operated by InSite’s wholly-owned management firm SecureSpace and will be rebranded as SecureSpace Clearwater. Directly accessible from U.S. Highway 19, SecureSpace Clearwater is well-positioned less than 3 miles from the St. Pete-Clearwater International Airport. InSite is investing in significant upgrades and renovations to the location. View the full announcement at Yahoo News to learn more.

10/13/2020 - InSite acquires 1-acre self-storage development site in Brooklyn, NY . . .

InSite Property Group is pleased to announce the acquisition of an existing self-storage facility in the Gowanus section of Brooklyn. The property is approximately 1-acre and located within walking distance to F, G and R train lines. InSite plans to redevelop the property into a new 60,620 NRSF SecureSpace self-storage facility, strategically located between Carroll Gardens and Park Slope, two of the most affluent neighborhoods in Brooklyn.

9/30/2020 - InSite announces the grand opening of a new self storage facility in Kearny, NJ . . .

InSite Property Group is excited to announce the grand opening of SecureSpace Kearny. The newly built, Class A SecureSpace self storage facility is conveniently located at 8 Breiderhoft Road, Kearny, NJ 07032, north of I-280 and near the Red Bull Arena and the Harrison PATH Train Station. This new SecureSpace location offers 113,000 square feet of self storage with sizes ranging from 5'x5' to 15’x20' across four climate-controlled levels. Well located for consumer and business users, the underutilized site was acquired in 2018 by InSite Property Group, the parent company of SecureSpace, and developed into the world-class self storage facility that is now open for business.

9/28/2020 - InSite acquires 25-acre development site in one of the fastest growing cities in the US . . .

InSite Property Group is pleased to announce the acquisition of a 25-acre site in Surprise, Arizona. Surprise is one of the fastest growing cities in the US with over 20% population growth since 2010. The development will include 87,400 NRSF SecureSpace self-storage facility along with nearly 500 Boat & RV parking spots. Phasing plan will allow InSite to double the size of the facility in the future.

7/8/2020 - InSite acquires development site with Interstate 10 frontage in Downtown LA . . .

InSite Property Group is pleased to announce the acquisition of an existing industrial property in Downtown Los Angeles. The site is in the highly sought after Fashion District in Downtown Los Angeles with Interstate 10 frontage (over 250,000 average annual daily traffic (AADT)). The development will include a 4-story 125,000 GSF SecureSpace self-storage facility and expected to open in 2021.

7/1/2020 - InSite sits down with Commercial Property Executive to discuss the pandemic's mixed effects on self storage . . .

Commercial Property Executive recently sat down with Nathan McElmurry, Senior Vice President & Head of Self Storage Acquisitions at InSite Property Group subsidiary SecureSpace Self Storage, to discuss the effects of the novel coronavirus outbreak on the self storage industry and InSite's approach to tackle the issue. The global health crisis is both a threat and an opportunity for the self storage business. While the impact of the pandemic has been tough on self storage rents across the country, the sector might benefit from an eventual slowdown in new deliveries and accelerating automatization. Read the full interview at Commercial Property Executive.

6/17/2020 - InSite acquires strategically located development site near Rutgers University . . .

InSite Property Group is pleased to announce the acquisition of a 3-acre site that is less than 2 miles from Rutgers University in Somerset, NJ. The complex transaction included a 15-month approval process and negotiations with three different ownership groups. The development will include a 4-story 155,000 GSF SecureSpace self-storage facility and a retail drive-through outparcel. The project commenced in June 2020 with an expected facility opening in Q3 of 2021.

5/28/2020 - InSite sits down with SpareFoot to discuss the state of self storage . . .

SpareFoot recently spoke with Keith Wetzel, one of InSite’s partners who leads acquisition and capital raising efforts. Joining the conversation was Nathan McElmurry, who was recently hired as Head of Self Storage Acquisitions. While InSite has exclusively operated as a developer over the last two years, the addition of McElmurry to the team marks a new chapter for the firm as it embarks on strategy of acquisitions to grow its portfolio of storage facilities. Read the full interview at The SpareFoot Storage Beat.

5/20/2020 - InSite announces the grand opening of a newly-converted SecureSpace Self Storage facility in Camarillo, CA . . .

InSite Property Group is excited to announce the grand opening of SecureSpace Camarillo. The newly converted property is strategically located on 5300 Adolfo Road, Camarillo, CA 93012, just north of the US-101 and less than 5 miles east of Oxnard. The property offers 75,000 square feet of climate-controlled, ground-floor self storage space with unit sizes ranging from 5'x5' to 15’x25'. Additionally, the second floor consists of 75,000 square feet of office space available for rent. Well located for consumer and business users, the underutilized site was acquired in 2019 by InSite Property Group and converted into the world-class self storage facility that is now open for business.

4/23/2020 - InSite hires Senior Vice President - Head of Self Storage Acquisitions . . .

InSite Property Group is pleased to welcome Nathan McElmurry to the team in the role of Senior Vice President to oversee all acquisitions for our wholly owned SecureSpace Self Storage division. McElmurry was previously the Senior Vice President of Acquisitions for SmartStop Self Storage, a public non-traded REIT, where he helped to drive roughly 150 self storage facility acquisitions over five years. View the full announcement at Yahoo Finance.

3/5/2020 - InSite announces the grand opening of a Class A self storage facility in Piscataway, NJ . . .

InSite Property Group is excited to announce the grand opening of SecureSpace Piscataway. The newly developed property is strategically located on 1518 S Washington Ave, Piscataway, NJ 08854, just north of I-287 Highway. This new SecureSpace location offers 122,000 square feet of secure self storage across three climate-controlled levels and features drive-up units on the ground floor for easy access. Well located for consumer and business users in the Garden State, the underutilized site was acquired in 2019 by InSite Property Group and developed into the world-class self storage facility that is now open for business.

2/13/2020 - InSite announces the grand opening of a newly converted property in Titusville, FL . . .

InSite Property Group is excited to announce the grand opening of SecureSpace Titusville. The newly converted property is strategically located on 810 Cheney Highway, Titusville, FL 32780, roughly 2 miles from the I-95 Highway and offers 75,000 square feet of secure, climate-controlled storage space. After acquisition the InsitePG development team executed a complete renovation and store opening in less than 11 months.

12/13/2019 - InSite acquires development with Interstate 110 frontage in Torrance, CA . . .

InSite Property Group is pleased to announce the acquisition of 722 W 220th St, Torrance CA. The site is in the highly sought after South Bay submarket of Los Angeles with Interstate 110 frontage (over 300,000 average annual daily traffic (AADT)). We closed the deal with only 30 days of due diligence, demonstrating our ability to move quickly. We plan to open a 70,500 NRSF SecureSpace self-storage facility in 2020.

11/12/2019 - InSite acquires 5300 Adolfo Rd in Camarillo, CA, a Class-A flex industrial building in Ventura County. . .

InSite Property Group is pleased to announce the acquisition of 179,657 square feet Class-A Flex industrial building on 9 acres in Camarillo CA. The building will be converted into a self-storage facility in the highly desirable Ventura County market along the Ventura (101) freeway. We plan to open a 78,000 NRSF SecureSpace self-storage facility in 2020.

11/1/2019 - InSite closes premium Long Beach, CA location . . .

InSite Property Group is pleased to announce the acquisition of 14 acres in Long Beach, CA. Site is a rare infill location in the highly desirable South Bay market with unrivaled access and visibility from Interstate 405 and 710 Highways. We plan to open a 115,000 NRSF SecureSpace self-storage facility along with nearly 600 Boat & RV parking spots on the site in 2021.