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Washington DC & Mid-Atlantic  + Philadelphia  + Industrial  | 

Inland, Devon Complete New Self-Storage Facility in Philadelphia

Inland Real Estate Investment Corporation and Devon Self Storage have completed the construction of an 88,000-square-foot self-storage facility in Philadelphia, Pennsylvania.

Strategically positioned along I-95, the newly redeveloped property sits adjacent to the Delaware River at 5200 Unruh Avenue. Originally constructed in 1900 and formerly home to the Moulton Ladder Manufacturing Company, the building has been converted into a five-story, climate-controlled self-storage facility. The building now features 932 storage units, a 24-hour security system, and a covered loading area designed for customer convenience. This project marks the 18th collaboration between Inland Investments and Devon.

“With Philadelphia now ranked as the sixth largest city in the U.S. and serving a population of over 5.8 million according to U.S. Census data, this redevelopment directly responds to the region’s increasing demand for revitalized infrastructure and services,” said Greg Mackay, chief operating officer of Devon. “This new self-storage facility supports the city’s ongoing commercial and residential growth, particularly along the Waterfront, where development has been steadily accelerating.”

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.