SmartStop Self Storage REIT, Inc. Stock Price, News & Analysis

SmartStop Self Storage REIT (NYSE:SMA) acquired a 1.78-acre land parcel at 1125 Finch Ave, Toronto to develop a Class A self-storage facility in partnership with SmartCentres (TSX: SRU.UN). The planned four-story facility will total ~100,000 net rentable square feet with ~1,100 climate-controlled units, located ~9 miles north of downtown and ~1 mile from York University.

Management cited a densely populated, supply-constrained trade area (≈1 million residents within 5 miles) and plans to start construction in Q4 2026 with a soft opening in Q4 2027.

Strategic Storage Growth Trust III (NYSE:SMA) acquired a three-property self-storage portfolio in Spartanburg County, South Carolina on December 19, 2025.

The portfolio totals approximately 179,900 net rentable square feet, about 1,580 storage units (majority climate-controlled) and roughly 120 parking spaces. Individual assets: Boiling Springs (~53,500 sqft, 450 units, 66 parking spaces, ~33,000 vehicles/day visibility), 899 E. Main St. (~50,300 sqft, 410 units), and 1640 John B. White Sr. Blvd. (~76,100 sqft, 720 climate-controlled units, 55 parking spaces). Management said the properties sit in suburban trade areas with strong household incomes and favorable population growth trends.

SmartStop (NYSE:SMA) is marking 15 years in Canada on December 18, 2025, highlighting its expansion since entering Canada in 2010.

The company now operates 49 properties across Ontario, British Columbia, Alberta and Quebec, is the largest operator in the Greater Toronto Area and the fourth largest in Canada. Earlier in 2025 SmartStop opened its first Montréal location.

Management emphasized operational excellence, facility modernization, upgraded digital tools and enhanced security while stating plans to continue expanding and strengthening its Canadian portfolio.

SmartStop (NYSE: SMA) affiliate announced the launch of Blue Door Property III, DST, a leveraged Delaware Statutory Trust targeting approximately $28.4 million of equity from accredited investors.

The portfolio is financed with about $24.2 million of non‑recourse debt (~46% LTV) and comprises three institutional-quality self-storage properties in Orlando, FL (≈550 units; 65,700 rentable sq ft), Dallas, TX (≈670 units; 74,100 rentable sq ft) and Phoenix, AZ (≈710 units; 82,400 rentable sq ft). The offering is presented as a tax‑deferral 1031‑style DST opportunity to access professionally managed self-storage assets.

SmartStop Self Storage REIT (NYSE:SMA) acquired a self-storage facility at 1650 Avalon Road, Winter Garden, FL to expand its Orlando MSA presence.

The property includes ~72,100 net rentable sq ft across seven one-story buildings with ~515 units (climate-controlled interior and drive-up). It sits ~15 miles west of downtown Orlando, faces ~7,900 vehicles per day, and is adjacent to a major national supermarket.

Local fundamentals cited include a projected 8.4% population growth over five years and a planned residential development expected to add > 42,000 housing units. This is SmartStop’s fifth Orlando location and is described as serving multiple nearby neighborhoods.

Strategic Storage Trust VI (NYSE: SMA) reported third-quarter 2025 results showing continued portfolio strength and capital activity. Q3 total revenues rose ~8.7% to about $7.9 million and same-store NOI grew ~9.8% year-over-year, while same-store revenues rose ~3.8%. YTD revenues increased ~9.8% to ~$22.9 million and YTD same-store NOI rose ~10.9%. Occupancy was essentially flat at 91.5%. The company completed a Series D preferred unit issuance ($25.0M Sept; additional $3.0M Oct) and launched a Series E preferred offering up to $75M (expandable to $100M) at an 8.0% dividend to pay down debt and fund growth.

SmartStop (NYSE: SMA) affiliate Blue Door AM I announced that its Delaware Statutory Trust offering, Blue Door Property I, DST, is fully subscribed and reached its maximum equity raise of $29.75 million on November 24, 2025. The offering targeted accredited investors via 1031 exchanges or direct cash investments and is part of SmartStop’s platform of tax-advantaged real estate programs aimed at income potential, portfolio diversification, and capital preservation. Management said full subscription reflects strong demand for tax-deferred commercial exchange solutions and continued investor interest in the resiliency of the self-storage sector.

Strategic Storage Trust X (SMA) completed its first acquisition, buying a self-storage facility at 1323 NW Broad St., Murfreesboro, TN from SmartStop.

The property totals approximately 62,100 net rentable sq ft with about 470 units (≈380 drive-up, ≈6 RV) across 12 single-story buildings, sits on a corridor with ~21,390 daily traffic, and is in a trade area expecting 9.1% population growth (2022–2027) within three miles.

SST X is structured as a perpetual NAV REIT with monthly NAV valuations and no fixed liquidation timeline, positioned to offer long-term, professionally managed exposure to self-storage assets.

SmartStop (NYSE:SMA) announced on November 20, 2025 that Bliss Edwards, Executive Vice President and Head of Canada, was named a national winner of the 2025 Canadian Women in Real Estate Awards.

Since joining SmartStop in 2019, Edwards led Canadian acquisitions and development, growing the net rentable square-foot pipeline fourfold. Under her oversight the company became a top-ten storage operator in North America, a top-five operator in Canada, and the leading operator in the Greater Toronto Area by net rentable square feet. The award recognizes her leadership, strategic vision, execution in property acquisitions and development, and mentorship of emerging professionals.