A California-based self-storage property group has acquired a Piscataway property, it announced Monday.
InSite Property Group acquired Statewide Self Storage, located at 1635 Stelton Road, and will rebrand the property as SecureSpace Stelton. The 66,000-square-foot property will be operated by InSite’s wholly owned management firm, with a significant renovation planned.
“SecureSpace Stelton represents a rare opportunity to implement a true value-add makeover,” Nathan McElmurry, InSite’s head of self-storage acquisitions, said in a prepared statement. “This purchase will ideally complement our existing SecureSpace Piscataway store a few miles north and our SecureSpace Somerset store under development across the river to the south.”
