SecureSpace Acquires Storage Star Property in Seattle MSA

Adding to its presence in the state of Washington, SecureSpace is pleased to announce the acquisition of Storage Star in Federal Way, Washington.

The company's Head of Self Storage Acquisitions, Nathan McElmurry, notes, "This Seattle-area store represented a rare opportunity to acquire a traditional storage asset on a large parcel in a heavily populated market. The attention paid by the previous owner to the physical condition is reflected in the property's excellent curb appeal and usability. We are grateful to the entire Storage Star team for a seamless and friendly sale process."

Located at 34202 16th Avenue South, the 92,244-square-foot 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 one-third 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.

The facility will be rebranded as SecureSpace Federal Way and the leasing office will be upgraded to SecureSpace's signature contemporary style. As with all SecureSpace properties, free WiFi will be provided throughout and a contactless rental process will be implemented immediately.

SecureSpace Federal Way is open for business and customers can reserve their own secure space by visiting https://SecureSpace.com or calling (877) 399-0319.

About SecureSpace Self Storage

Relax. It's safe at SecureSpace.

Based in Torrance, California, the SecureSpace team is dedicated to providing you with a hassle-free self storage experience. All of our facilities provide the latest amenities for securing your belongings. 

We look forward to serving you and satisfying your storage needs — please visit https://www.SecureSpace.com to make a reservation or learn more today.

About InSite Property Group

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

As a vertically integrated self storage developer, operator, and manager, InSite Property Group currently has 50 stores operating and under construction. Please visit https://www.InsitePG.com to learn more.

CONTACT:
Lisa Sullivan
(910) 825-2619
press@insitepg.com
https://insitepg.com

Source: SecureSpace Self Storage

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Categories: Real Estate Investments, Real Estate, Real Estate, Real Estate Law

Tags: InSite PG, InSite Property Group, SecureSpace, SecureSpace Self Storage, Self Storage, Self Storage Acquisitions


About InSite Property Group

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InSite is a specialized, vertically integrated developer, builder, operator, and manager - focused on self-storage, industrial, and multifamily projects across institutional and emerging markets.

InSite Property Group
811 N. Catalina Ave (Suite #1306)
Redondo Beach, CA 90277
United States