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19 Oct 2020

InSite Property Group Acquires Two New Storage Facilities

Adding to our fast-growing portfolio, InSite Property Group is pleased to announce the acquisition of two self storage facilities on the east coast. One in Brooklyn, NY and a second in Clearwater, FL.

The Florida location facility, which will be operated by InSite’s wholly-owned management firm SecureSpace, will be rebranded as SecureSpace Clearwater. This property offers 70,000 square feet of ground-floor self storage space with both climate-controlled and drive-up units, RV parking, and office space. 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 including updating the leasing office with an amenity-rich lounge, installing free WiFi, deploying a state of the art security monitoring system, and offering access to boxes & moving supplies for purchase. The store will also undergo infrastructure modernization including brand new roofing, signage, paint, asphalt, landscaping, and a new website offering an optional contactless move-in process.

InSite’s Head of Self Storage Acquisitions, Nathan McElmurry, notes, “SecureSpace is open for business in Clearwater! We were thrilled to work with Michael Mele & Luke Elliott at Cushman & Wakefield to make this deal happen. We’re investing heavily in the store to make it even more welcoming and professional for our customers - one that we’re proud to call SecureSpace Clearwater. We invite you to come and see the difference by visiting us in person or online at SecureSpace.com.”

InSite Property Group has also announced 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.

About InSite Property Group

Based in Redondo Beach, California, InSite Property Group is the parent corporation of SecureSpace Self Storage.

As a fully integrated developer, builder, operator, and manager, InSite Property Group currently has a pipeline of more than 20 brand new storage facilities under development. Please visit https://www.InsitePG.com to learn more.