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Strategic Storage Trust Acquires Three Self-Storage Facilities for $9.9M

Article-Strategic Storage Trust Acquires Three Self-Storage Facilities for $9.9M

Strategic Storage Trust Inc. (SSTI) finalized the $9.9 million acquisition of three high-profile self-storage facilities in busy traffic corridors in the greater metropolitan area of Cincinnati. Completing the purchase of the three Best Self-Storage properties brings an additional 1,295 storage units and 211,000 square feet of leasable space into the portfolio of SSTI, a publicly registered, non-traded REIT.

Strategic Storage Trust Inc. (SSTI) finalized the $9.9 million acquisition of three high-profile self-storage facilities in busy traffic corridors in the greater metropolitan area of Cincinnati. Completing the purchase of the three Best Self-Storage properties brings an additional 1,295 storage units and 211,000 square feet of leasable space into the portfolio of SSTI, a publicly registered, non-traded REIT. All three Best Self-Storage properties are in Northern Kentucky within 15 miles of downtown Cincinnati and in areas with above average household incomes.
 
Source:  The Earth Times,  Strategic Storage Trust Inc. Closes on $9.9 Million Purchase

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