5.10.2022
SecureSpace is pleased to announce the acquisition of Storage Star in Seattle MSA. The facility is located at 34202 16th Ave S, and will be rebranded as SecureSpace Federal Way. The 92,244 SF property consists of eight single-story buildings containing drive-up and interior units, as well as a handful of rentable parking spots. It is located directly on a primary retail corridor, just off the intersection with Pacific Highway, and ⅓ of a mile from Interstate 5. The facility serves a dense population of 101,000 residents within three miles. A planned conversion of the entire property to climate-controlled will enhance rental rates and decrease seasonality. Read the full announcement at GlobeNewswire.
4.28.2022
SecureSpace is pleased to announce the acquisition of a 6.5-acre development site in Palm Springs. Located on W San Rafael Dr, Palm Springs is a tier 1 market that benefits from strong seasonal demand and affluent 2nd homeowners. The 100% climate controlled property is strategically located in an area where the average self storage building age is 36 years old, easily accessible from US Hwy 111, and in a dense residential area. With no supply of RV units within a 3-mile trade area, the ground-up development will offer covered RV parking (160 covered RV units) along with a 95,000 NRSF 3-story facility.
4.5.2022
SecureSpace is pleased to announce the acquisition of Stadium Storage in the Seattle MSA of Everett. The facility is located at 8407 Broadway Ave, and will be rebranded as SecureSpace Everett. The 4-story property offers 32,661 SF of 100% climate-controlled units and 79 rentable parking spots. Built in 2016, the existing store is 96% occupied and a planned expansion will further enhance the superior visibility of the 2.5 acre site. It is centrally-positioned in a trade area where all relevant facilities are highly occupied and is surrounded by a population of 110,000 residents with a median household income of $93,000. Read the full announcement at GlobeNewswire.
3.31.2022
SecureSpace is pleased to announce the acquisition of a development site in Philadelphia. Located with frontage along Grays Ferry Ave, the store is built near Drexel University and the University of Pennsylvania. The existing supply is a low 2.4 sqft/capita and the ground-up development consists of a 101,000 NRSF 5-story facility, which is surrounded by 497,000 residents within a 3-mile radius.
2.23.2022
SecureSpace is pleased to announce the acquisition of a 7.7-acre development site in Odenton. Located on Telegraph Rd and in proximity of the Patuxent Fwy (MD Route 32), the site is surrounded by residential neighborhoods with a population of 68,000 residents and a median income of $101,000 within a 3-mile radius. The ground-up development consists of a 3-story 89,000 NRSF facility with an additional 20,000 NRSF for long term storage parking.
2.17.2022
SecureSpace is pleased to announce the acquisition of a 7.1-acre development site in San Bernardino. Located on E Highland Ave and in proximity of Interstate 210, the store is built in an area where the average self storage building age is 20 years old. The project is a single-story 100% climate controlled drive-up facility consisting of 3 detached buildings, and an additional 3 acres for future expansion. With no new developments within a 3-mile radius, the facility consists of 79,000 NRSF across 600 units.
2.15.2022
SecureSpace is pleased to announce the acquisition of American Storage in the Jacksonville suburb of Atlantic Beach. The 49,000 NRSF facility is located at 1770 Mayport Rd, and will be rebranded as SecureSpace Atlantic Beach. The property consists of 14 single-story buildings with 504 drive-up units and 39 rentable parking spaces. It is 97% occupied with in-place rents well below market. The facility has excellent visibility directly on Mayport Rd, a major north-south thoroughfare with 30,000 cars passing by daily. Over 123,000 people live within 5 miles with no new storage under construction in 9+ miles. Read the full announcement at GlobeNewswire.
2.10.2022
SecureSpace is pleased to announce the acquisition of a 2-acre development site in Philadelphia. Located on N 15th St near N Broad St, the store is built near Temple University and two of the fastest-growing neighborhoods in Philadelphia, Kensington and Fishtown. The ground-up development consists of a 119,000 NRSF 2-story facility which is surrounded by 439,000 residents within a 3-mile radius.
1.25.2022
SecureSpace is pleased to announce the acquisition of a development site in the suburbs of the Los Angeles metropolitan area. Located in the city of Glendale, the site is less than a mile from the fourth largest mall in Los Angeles - Glendale Galleria. With frontage along San Fernando Rd (38,000 vehicles pass per day), the store is built in an area where the average self storage facility age is 25 years old. The ground-up development consists of a 85,000 NRSF 5-story facility which is surrounded by 225,000 residents within a 3-mile radius.
1.20.2022
SecureSpace is pleased to announce the acquisition of Storage Maxx in the Miami suburb of Homestead. The 42,000 NRSF facility is located at 1496 Old Dixie Highway, and will be rebranded as SecureSpace Homestead. The property consists of a 3-story climate controlled building, several single-story buildings with drive up and interior units, and a 2.2 acre rentable parking area. The facility has direct exposure to Dixie Highway, with 29,000 vehicles passing by daily, and is situated at a major intersection of three primary thoroughfares. Read the full announcement at Yahoo Finance.
1.5.2022
SecureSpace is pleased to announce the acquisition of Ballard Mini Storage in the Seattle neighborhood of Ballard. The 20,000 NRSF facility is located at 4714 Ballard Ave NW, and will be rebranded as SecureSpace Ballard. The three-story property offers 100% heated interior storage units, and will soon include a rentable parking area. The store is highly visible from busy Leary Avenue and can also be seen from the 15th Avenue overpass, where 57,000 cars pass by daily. Read the full announcement at Yahoo Finance.
12.8.2021
SecureSpace is pleased to announce the acquisition of a 9.5-acre site in the city of Bonita, located in southern San Diego County. Positioned near dense residential areas to the south and west, the facility will serve a population of 143,000 residents within a 3-mile radius. The property is strategically located at the intersection of CA State Route 54 and 125 which have approximately 117,000 and 10,000 average annual daily traffic, respectively. With minimal supply of covered RV units in the San Diego MSA, the ground-up development will offer 55,000 NSF of paved and covered RV parking (115 covered RV units) along with a 94,000 NRSF 3-story facility.
12.3.2021
SecureSpace Self Storage recently completed a comprehensive renovation of their recently acquired location in Clearwater, FL - incorporating a fresh new look, expanded parking options, a new professional reception area with free WiFi, and upgrades to security, weatherproofing & roofing. SecureSpace quickly mobilized their architecture team to reimagine the property, working with local resources & engaging the operations team to poll customers to determine how to best serve the Clearwater market. In less than 10 months, SecureSpace’s in-house construction team delivered what to all appearances is a brand new facility. To view the before & after images, read the full announcement here.
12.1.2021
SecureSpace is pleased to announce the acquisition of a development site in Downtown Los Angeles’ South Park neighborhood. Located in one of the fastest-growing neighborhoods in Los Angeles, the facility will have frontage along Interstate 10, where over 295,000 vehicles pass per day. The property is highly complementary to SecureSpace’s development at 1535 Essex Street, also located in Downtown Los Angeles which is currently under construction. The ground-up development will be built in an area where the average self storage facility age is 26 years old, and will consist of a 102,000 NRSF 5-story facility.
11.18.2021
SecureSpace is pleased to announce the acquisition of a 2.3-acre site in the city of Kapolei, located on the island of Oahu. Strategically positioned near Honolulu’s busiest highway, Interstate H-1, the facility will serve nearby residents with a household median income of $103,000 within a 3-mile radius. The ground-up development consists of a 104,000 NRSF 3-story facility which is supported by Kapolei’s fast growing resident population that is expected to quadruple by 2035.
11.4.2021
SecureSpace is pleased to announce the acquisition of a 3.9-acre site in the North Bay subregion of the San Francisco Bay Area. Located in the most populous city in Solano County, the facility will serve nearby residents and recreational centers, and will be the newest facility in an area where the average self storage building age is 29 years old. Strategically positioned with frontage along the I-780 (66,000 vehicles pass per day), the ground-up development will consist of a 89,000 NRSF 4-story facility with 30 RV parking spaces.
11.3.2021
Continuing their growth in the Western U.S. region, SecureSpace is pleased to announce the acquisition of The Storage Center in the Salt Lake City suburb of Murray, UT. The 100,000 NRSF facility is located at 4317 Commerce Dr, and will be rebranded as SecureSpace Murray. The 100% single story property will offer drive-up and interior units, as well as 31 rentable parking spaces. Strategically positioned in a dense location surrounded by 2,200 Class A apartment units, the store is located directly on Salt Lake City’s busiest highway, Interstate 15. Read the full announcement at Yahoo Finance.
10.19.2021
Continuing their growth in the Tacoma, WA region, SecureSpace is pleased to announce the acquisition of a Storage Etc. property in Tacoma’s Lakewood neighborhood. The 52,000 NRSF facility is located at 12611 Pacific Highway Southwest and will be rebranded as SecureSpace Lakewood. The 100% single-story store will offer drive-up and interior units, along with 35 rentable parking spots. The surrounding area is experiencing an influx of young professionals, augmenting the long-standing military presence at nearby Joint Base Lewis-McChord. Read the full announcement at Yahoo Finance.
10.7.2021
SecureSpace is pleased to announce the acquisition of an Extra Space-managed facility in the Waipahu neighborhood of Oahu. The 44,000 NRSF facility is located at 94-130 Leokane St, and will be rebranded as SecureSpace Waipahu. The store is in an undersupplied market with very high barriers to entry and will benefit from the strong rent growth taking place across Oahu. Converted to storage in 2017, SecureSpace will build upon the groundwork laid by Extra Space and round out the economic stabilization by bringing rents up to market. View the full announcement at Yahoo Finance.
10.5.2021
SecureSpace is pleased to announce the acquisition of a 4.5-acre site in the New York City Tri-State suburb of Livingston, NJ. Township of Livingston is rated one of the best suburbs to raise a family with highest public school rankings in the state. The facility will serve nearby residents with a household median income over $150,000, and will be the newest facility in an area where the average self storage building age is 17 years old. Located with frontage along one of New Jersey’s main arteries, Route 10, the project will consist of a 97,000 NRSF 3-story facility with 94 covered RV parking spaces.