Articles from Strategic Storage Trust VI, Inc.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the successful refinancing of loans for four of its Canadian properties. This strategic move addresses the loans’ upcoming 2025 maturities and will effectively reduce SST VI’s interest rate by approximately 100 basis points (bps) as compared to the previous loans.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), in partnership with SmartCentres (TSX: SRU.UN), is pleased to announce the opening of a new state-of-the-art, Class A self-storage facility in the Stoney Creek neighborhood of Hamilton in Ontario, Canada.

Strategic Storage Trust VI, Inc. (“SST VI”) announced today that its board of directors (the “Board”) has approved an estimated per share net asset value (“NAV”) of its Class P, Class A, Class T, Class W, Class Y and Class Z common stock of $10.00, calculated as of March 31, 2024.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of six self-storage properties in the Greater Toronto Area, including Burlington, Hamilton, Vaughan, Toronto and Mississauga. The six properties feature approximately 5,500 units and approximately 524,000 net rentable square feet.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of its first self-storage property in Vancouver, British Columbia, Canada. The seven-story facility currently features approximately 350 interior climate-controlled units with a drive-through and interior loading. When fully built out, the facility will be approximately 60,500 net rentable square feet and will include approximately 890 climate-controlled units.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 50,000 square foot self-storage facility in Edmonton, Alberta, Canada with approximately 490 units. This is SST VI’s first acquisition of a Canadian facility outside Ontario, Canada.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 104,750 square foot self-storage facility in Toronto, Ontario, Canada with approximately 1,020 interior climate-controlled units and approximately 275 parking spaces on nearly five acres of land.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 132,000 square foot self storage facility in Cambridge, Ontario, Canada with approximately 930 interior climate-controlled units and approximately 320 RV and parking spaces.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 63,000 square foot self storage facility in Oxford, Florida. The facility is conveniently located minutes from The Villages, one of the fastest-growing metropolitan areas in the U.S. over the past decade.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 890-unit self storage facility in Burlington, Ontario, Canada. This is the 15th acquisition for SST VI and the third acquisition in the Toronto Market. Since SST VI launched in the first quarter of 2021, the REIT has purchased approximately $233.1 million of self storage facilities and land parcels to be developed into self storage.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 490-unit self storage facility in St. Johns, Florida. This is the 14th acquisition in SST VI and its first acquisition in the Greater Jacksonville Market. Since SST VI launched as a private REIT in the first quarter of 2021, the REIT has purchased approximately $205 million of self storage facilities and properties to be developed into self storage.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 590-unit self storage facility in Chandler, Arizona. The property was originally built in 1999 and expanded in 2020. This is the 13th acquisition in SST IV and fourth acquisition in the Phoenix Market. Since SST VI launched as a private REIT in the first quarter of 2021, the REIT has purchased approximately $190 million of self storage facilities and land parcels to be developed into self storage.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly-registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of two recently-constructed self storage facilities in the Greater Philadelphia MSA. These represent the 11th and 12th acquisitions in SST VI. Since SST VI launched as a private REIT in the first quarter of 2021, the REIT has purchased approximately $165 million of self storage facilities and land parcels to be developed into self storage.

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly-registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of two recently-constructed self storage facilities in the Portland MSA. These represent the ninth and tenth acquisitions in SST VI. Since SST VI launched as a private REIT in the first quarter of 2021, the REIT has purchased approximately $124 million of self storage facilities and land parcels to be developed into self storage.

Strategic Storage Trust VI, Inc. (“SST VI”), a public non‐traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today that its registration statement pertaining to an initial public offering of approximately $1.1 billion in shares of common stock was declared effective by the Securities and Exchange Commission on March 17, 2022.

Strategic Storage Trust VI, Inc. (“SST VI”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc., announced today the acquisition of a newly constructed 650-unit self storage facility in Phoenix, Arizona. This is the fifth acquisition in the newly formed SST VI and the third property owned by SST VI in the Phoenix market.

Strategic Storage Trust VI, Inc. (“SST VI”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 665-unit self storage facility in Surprise, Arizona. The property was completed in 2017 and was approximately 87% occupied at acquisition. This is the fourth acquisition in the newly formed SST VI and the sixth property owned or managed by Smartstop in the Phoenix market.

Strategic Storage Trust VI, Inc. (“SST VI”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 335-unit self storage facility in Las Vegas, Nevada. The property was completed in September 2020 and was approximately 19% occupied at acquisition. This is the third acquisition in the newly formed SST VI and the tenth property owned or managed by SmartStop in the Las Vegas market.