Strategic Storage Trust Buys 11 Self-Storage Facilities in 5 States
|Copyright 2014 by Virgo Publishing.|
|Posted on: 05/18/2011|
Strategic Storage Trust Inc., a publicly registered non-traded real estate investment trust specializing in self-storage, has entered into agreements to buy 11 self-storage facilities in five states: Georgia, New Jersey, New York, Pennsylvania and Virginia. The company expects to close each of these acquisitions before the end of the second or third quarter of 2011.
Here are the facility locations and statistics:
Once the acquisitions are final, Ladera Ranch, Calif.-based Strategic Storage Trust will have a total of 77 self-storage facilities in the United States and Canada. The facilities comprise approximately 50,590 units and approximately 6.2 million rentable square feet.