SSGT

Strategic Storage Growth Trust III, Inc. Expands Portfolio With Key Acquisition in the Miami-Fort Lauderdale-Pompano, Florida Market

Retrieved on: 
Thursday, October 19, 2023
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, SSGT, Lauderdale Lakes, Growth, Acquisition, Self storage

Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced the acquisition of a storage facility in Tamarac, Florida.

Key Points: 
  • Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced the acquisition of a storage facility in Tamarac, Florida.
  • The facility spans approximately 69,000 net rentable square feet and features a five-story building with approximately 760 interior, climate-controlled storage units.
  • The location is surrounded by mainly residential homes and apartments with strong visibility along W. McNab Road.
  • The strategic location boasts significant growth potential, with over 3,000 housing starts in the planning stages within a three-mile radius, making it a prime location for SSGT III’s acquisition strategy.

Strategic Storage Growth Trust III, Inc. Acquires First Self-Storage Property in the Greater Toronto Area

Retrieved on: 
Thursday, June 22, 2023
Professional Services, Retail, Commercial Building & Real Estate, Specialty, Finance, Construction & Property, REIT, Yorkdale Shopping Centre, Keele Street, Trust, Acquisition, SSGT, Self storage

Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private company sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) that intends to qualify as a real estate investment trust, announced the acquisition of its first Canadian self-storage property.

Key Points: 
  • Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private company sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) that intends to qualify as a real estate investment trust, announced the acquisition of its first Canadian self-storage property.
  • Located at 7 Ingram Drive in North York, Ontario, the approximately 81,800 net-rentable-square-foot facility is inclusive of approximately 730 interior, climate-controlled storage units, 17 parking spaces, and one office building with 24 office units.
  • With excellent visibility from Keele Street, a major north-south thoroughfare, the facility is two miles southwest of Yorkdale Shopping Centre, Canada’s third-largest shopping mall.
  • The surrounding neighborhoods of Brookhaven-Amesbury, Beechborough-Greenbrook, Glen Long and North Fairbank feature strong median household incomes and a large number of rental households.

Strategic Storage Growth Trust III, Inc. Acquires Self-Storage Property in the New York Metropolitan Area

Retrieved on: 
Thursday, May 18, 2023
Commercial Building & Real Estate, Construction & Property, REIT, State, Monmouth Mall, Trust, Acquisition, SSGT, Self storage

The three-story building consists of approximately 730 interior, climate-controlled storage units.

Key Points: 
  • The three-story building consists of approximately 730 interior, climate-controlled storage units.
  • Additionally, there are multiple large retail anchor tenants in the immediate area, and the Monmouth Mall is within a half-mile drive.
  • “We believe this new facility will be a valuable asset to the community and provide value to our stockholders."
  • The storage facility is expected to attract many customers from these neighborhoods with its convenient location and high-quality units.

Strategic Storage Growth Trust III, Inc. Acquires Self-Storage Property in the Cape Coral-Fort Myers-Naples, Florida Market

Retrieved on: 
Tuesday, March 14, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Acquisition, Trust, Housing, SSGT

The property consists of approximately 780 interior, climate-controlled storage units.

Key Points: 
  • The property consists of approximately 780 interior, climate-controlled storage units.
  • Initially constructed in 1955 as a single-tenant industrial warehouse, the facility was converted to storage in October 2022.
  • This property is a great addition to our portfolio, providing high-quality storage units in a prime location with excellent visibility and access to the surrounding communities."
  • The storage facility is expected to attract many customers from these neighborhoods with its convenient location and high-quality units.

Strategic Storage Growth Trust III, Inc. Acquires Self Storage Property in San Diego’s Chula Vista, California Market

Retrieved on: 
Thursday, December 22, 2022
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Acquisition, Interstate Highway System, Castle Park, Team SmartStop, SSGT, Interstate 5, Self storage

Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private company that intends to qualify as a real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 1,000-unit self storage facility in Chula Vista, California.

Key Points: 
  • Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private company that intends to qualify as a real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 1,000-unit self storage facility in Chula Vista, California.
  • The Chula Vista location is the third acquisition for SSGT III since it launched in May 2022.
  • The unit mix includes interior climate-controlled units and large exterior non-climate-controlled drive-up units.
  • The property has excellent visibility along heavily trafficked Interstate 5 and is well-positioned to serve the neighborhoods of Castle Park, Harbor Side, Sunny Vista and Lynwood Hills.

Strategic Storage Growth Trust III, Inc. Chooses Portfolio in The Villages, Florida Market for Its First Acquisition

Retrieved on: 
Tuesday, August 9, 2022
Commercial Building & Real Estate, Construction & Property, REIT, List of highways numbered 44, Greater Toronto Area, Investment, SSGT, LLC, Self storage, Team SmartStop, Acquisition, State, REIT, Village, Population growth, III

Strategic Storage Growth Trust III, Inc. (SSGT III), a private company that intends to qualify as a real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (SmartStop), announced today the acquisition of two self storage facilities in The Villages, Florida MSA.

Key Points: 
  • Strategic Storage Growth Trust III, Inc. (SSGT III), a private company that intends to qualify as a real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (SmartStop), announced today the acquisition of two self storage facilities in The Villages, Florida MSA.
  • The Wildwood-Lady Lake portfolio represents the premier acquisition for SSGT III since it launched in May 2022.
  • About Strategic Storage Growth Trust III, Inc. (SSGT III):
    SSGT III is a Maryland corporation that intends to qualify as a REIT for federal income tax purposes.
  • About SmartStop Self Storage REIT, Inc. (SmartStop):
    SmartStop Self Storage REIT, Inc. (SmartStop) is a self-managed REIT with a fully integrated operations team of approximately 450 self storage professionals focused on growing the SmartStop Self Storage brand.

SmartStop Self Storage REIT, Inc. Closes Acquisition of Strategic Storage Growth Trust II, Inc. in Stock-for-Stock Transaction

Retrieved on: 
Wednesday, June 1, 2022
Commercial Building & Real Estate, Construction & Property, REIT, Team SmartStop, Venable LLP, Mergers and acquisitions, Company, LLC, SSGT, Greater Toronto Area, REIT, Sumathi Best Television Current Reporting Award, Private Securities Litigation Reform Act, Bass, Risk, SEC, Self storage, LLP, Security (finance)

The total SSGT II operating portfolio, including the operating joint venture property, currently represents approximately 8,500 self storage units and 900,000 net rentable square feet.

Key Points: 
  • The total SSGT II operating portfolio, including the operating joint venture property, currently represents approximately 8,500 self storage units and 900,000 net rentable square feet.
  • With all of the SSGT II properties already branded as SmartStop Self Storage facilities, there has been and will be total continuity of operations throughout the process."
  • About SmartStop Self Storage REIT, Inc. (SmartStop):
    SmartStop is a self-managed REIT with a fully integrated operations team of approximately 420 self storage professionals focused on growing the SmartStop Self Storage brand.
  • SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs.

SmartStop Self Storage REIT, Inc. to Acquire Strategic Storage Growth Trust II, Inc. Portfolio in $280 Million Transaction

Retrieved on: 
Thursday, February 24, 2022
Professional Services, Retail, Commercial Building & Real Estate, Specialty, Finance, Construction & Property, REIT, SmartCentres, Partnership, Prospectus, Greater Toronto Area, Self storage, SEC, Name, Risk, Tripura Merger Agreement, Failure, Security (finance), Team SmartStop, NAV, THE, SS, REIT, Company, Bass, Reading, Private Securities Litigation Reform Act, LLC, U.S. Securities and Exchange Commission, Form, LLP, SSGT, Person, Acquisition, Multimedia, Venable LLP, Venable, DRP, Section 10 of the Canadian Charter of Rights and Freedoms, Securities Act of 1933, Attention, PARTIES, Sumathi Best Television Current Reporting Award, Communication, Proxy, Airline, Bookkeeping, Mergers and acquisitions, SmartStop Self Storage REIT, Inc. (SmartStop), Strategic Storage Growth Trust II, Inc., SMARTSTOP SELF STORAGE REIT, INC. (SMARTSTOP), STRATEGIC STORAGE GROWTH TRUST II, INC.

The total SSGT II operating portfolio, including the operating joint venture property, currently represents approximately 8,500 self storage units and 900,000 net rentable square feet.

Key Points: 
  • The total SSGT II operating portfolio, including the operating joint venture property, currently represents approximately 8,500 self storage units and 900,000 net rentable square feet.
  • Since all of the SSGT II portfolio is already branded as SmartStop Self Storage, there will be total continuity of operations throughout the process."
  • About SmartStop Self Storage REIT, Inc. (SmartStop)
    SmartStop is a self-managed REIT with a fully integrated operations team of approximately 420 self storage professionals focused on growing the SmartStop Self Storage brand.
  • About Strategic Storage Growth Trust II, Inc.
    SSGT II focuses on opportunistic self storage properties.