Strategic Storage Trust Inc.
Strategic Storage Trust Buys $23.45M Self-Storage Portfolio in North California
Self-storage operator Strategic Storage Trust Inc. recently purchased a four-property, 2,584-unit self-storage portfolio in North California from a real estate investment management firm. ...More
Strategic Storage Trust Pays $6.5M for Fourth Facility in San Francisco Bay Area
Self-storage operator Strategic Storage Trust Inc. acquired a 610-unit property in the San Francisco Bay Area for $6.5 million. The new site, at 8900 Murray Ave. in Gilroy, Calif., will be rebranded as SmartStop Self Storage. ...More
Strategic Storage Trust Engages Investment Banker for Self-Storage Transactions
Self-storage operator Strategic Storage Trust Inc. recently engaged KeyBanc Capital Markets (KBCM), the investment banking arm of KeyCorp, to serve as its advisor with respect to one or more joint-venture transactions with institutional investors for the purposes of ...More
Strategic Storage Trust Buys SmartStop Self Storage in Hampton, Va.
Strategic Storage Trust Inc. purchased the SmartStop Self Storage facility at 815 Lasalle Ave. in Hampton, Va., from Quality Properties Asset Management Co. for $4.9 million. ...More
Strategic Storage Trust Purchases 3 Facilities for $12.2 Million
Strategic Storage Trust Inc., a publicly registered non-traded real estate investment trust targeting the self-storage market, acquired three facilities totaling 2,100 units for a value of about $12.2 million. All three facilities will be rebranded SmartStop Self Storage. ...More
Strategic Storage Trust Spends Nearly $21M on SoCal Self-Storage Facility Land
Strategic Storage Trust Inc., a real estate investment trust (REIT) targeting self-storage, recently completed a $20.9 million deal that includes an approximately 1,000-unit facility and 7.3 acres of land located on Terrace Road near Antonio Parkway in Ladera Ranch, Calif. ...More
Strategic Storage Trust Buys 11 Self-Storage Facilities for $44M
Strategic Storage Trust Inc., a publicly registered non-traded real estate investment trust targeting the self-storage market, acquired a portfolio of 11 properties for more than $44 million. ...More
Self-Storage Facility Makeover: SmartStop Self Storage in Phoenix Brightens Up and Gets Green
When Strategic Storage Trust Inc. acquired a self-storage facility in 2009 in an older Phoenix neighborhood, the company knew a facelift was long overdue. The company brought its new SmartStop Self Storage property up to date with new amenities valued by storage customers, ...More
Strategic Storage Trust Buys 11 Self-Storage Facilities in 5 States
Strategic Storage Trust Inc. 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 ...More
Genderizing the Self-Storage Experience: Good Business or Senseless Strategy?
It’s a common belief in the self-storage industry that the majority of renters are female, and operators should strive to make their facilities cleaner and more attractive to appease/entice this market segment. But is this an archaic way of thinking? Shouldn’t we simply aim ...More