Strategic Storage Growth Trust III (SSGT III), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, has acquired five premier self-storage facilities across Florida, Texas and Arizona.
The properties sit in well-populated, high-growth suburban areas with strong median household incomes and significant daily traffic counts. These five properties were acquired by SSGT III in Delaware statutory trusts.
The Florida properties are in Longwood and Orlando. Located at 460 Florida Central Parkway, the Longwood property spans approximately 68,800 net rentable square feet. It offers ground-level drive-up and climate-controlled units across eight single-story buildings, comprising approximately 560 units. The facility is well positioned to serve the communities of Rolling Hills, The Woodlands, Sabal Point, The Springs, Hidden Oak Estates and Longwood Club. The Orlando facility is located at 6707 Narcoossee Road. The property span