SecureSpace Opens Baltimore Storage Facility

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SecureSpace Opens Baltimore Storage Facility – Multi-Housing News
















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InSite broke ground on the project last spring.

A facility operating under the SecureSpace Self Storage brand has opened in Odenton, Md. InSite developed the 89,423-square-foot property, Yardi Matrix data shows.

Construction on the project started in March 2023. In April, the developer secured a $15.7 million construction loan from Valley National Bank, according to the same source.

The three-story Class A facility features climate-controlled units ranging between 20 and 290 square feet, as well as AI-enabled cameras and sensors. Amenities include packing supplies, a leasing office with Wi-Fi and an open-concept workspace. The facility also provides 40 long-term RV parking spaces.

The building took shape at 1872 Mayfield Road, at the intersection of the Patuxent Freeway and Telegraph Road. The property is 18 miles from downtown Baltimore and some 30 miles from Washington D.C. It is also one of six available storage facilities within a 3-mile radius, offering residents 6.6 rentable square feet per capita.

As of early February, Baltimore had 10 self storage properties under construction, set to add 678,412 rentable square feet to the existing inventory, Yardi Matrix data shows. An additional 1.6 million square feet were in the planning and prospective stages.

Since the beginning of this year, SecureSpace recently expanded its Philadelphia footprint with the opening of a 104,992-square-foot facility. The five-story building is 3 miles from downtown. InSite broke ground on the climate-controlled property in February 2023.

Yardi Companies and Affiliates

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