Strategic Storage Trust VI and Strategic Growth Trust III, affiliates of SmartStop Self Storage REIT, have acquired an eight-facility portfolio in the Greater Toronto Area (GTA) totaling approximately 7,400 units and 758,000 rentable square feet.
With the acquisition of these eight facilities, SmartStop now owns or manages 33 operating self-storage properties in Canada, consisting of approximately 3 million square feet, making it the fifth-largest operator in Canada.
“Each of these class A assets represents a unique opportunity for growth and innovation, enabling us to strengthen our presence in this dynamic landscape,” said Bliss Edwards, executive vice president of Canada for SmartStop.
The properties are all class A facilities located across Ontario in Toronto (East York and North York), Mississauga, Burlington, Hamilton and Vaughan (Woodbridge). All locations are in desirable high-growth areas with strong demographics, solid household incomes and populat
