Strategic Storage Trust VI, a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, has acquired two recently constructed self-storage facilities in Bradenton and Apopka, Fla.
They acquisitions represent the seventh and eighth in SST VI. Since it launched in first quarter 2021, the fund has purchased about $85 million of self-storage facilities and land parcels to be developed into self-storage.
“We are extremely pleased to add these superb properties to our portfolio at SST VI, and expand SST VI’s footprint into the state of Florida,” said Wayne Johnson, CIO of SST VI. “We are quickly amassing a very high quality portfolio that we expect will create strong value and generate strong cash flows for stockholders.”
Located at 2200 Coral Hills Rd., the newly constructed facility in Apopka, a suburb of Orlando, is composed of about 44,300 square feet of rental space in three single-story buildings. It is positioned t
