### Inland Real Estate and Devon Self Storage Complete New Facility in Massachusetts
Inland Real Estate Investment Corporation and Devon Self Storage have successfully completed the construction of a 59,837-square-foot Class-A self-storage facility in Springfield, Massachusetts.
Located at 2155 East Columbus Avenue, near a major downtown thoroughfare and the I-91 overpass along the Connecticut River, the property was previously a historic factory building. The redeveloped facility now consists of three interconnected buildings featuring 601 climate-controlled self-storage units, drive-thru unit capability, and a 24-hour security system.
“Considered a top underserved market for self-storage in 2024, we are pleased to help close the market’s supply and demand gap and continue our collaboration with Devon to bring top-tier self-storage properties to markets nationwide,” said Keith Lampi, CEO and president of Inland Investments. Inland Investments’ current self-storage portfolio includes more than $1.7 billion in assets under management. Meanwhile, Devon manages 188 properties across 32 states.
