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

SmartStop Self Storage REIT (NYSE: SMA) has announced the acquisition of a Class A self-storage facility in Rahway, New Jersey, expanding its presence in the New York Metropolitan Statistical Area (MSA). The facility features 53,450 net rentable square feet with approximately 550 climate-controlled storage units and 11 RV parking units.

Located just 20 miles from Manhattan and five miles from Staten Island, the property benefits from high visibility along NJ TRANSIT's Northeast Corridor and North Jersey Coast Line railways, which service nearly 100,000 average weekday passengers. The area shows promising growth potential with a projected five-year population growth of 2.4%.

SmartStop Self Storage REIT (NYSE: SMA) has announced the acquisition of five institutional-quality self-storage facilities in Alberta, Canada. The newly acquired portfolio adds approximately 330,000 net rentable square feet and 2,770 storage units across Edmonton, Sherwood Park, Red Deer County, Canmore, and Cochrane.

The facilities offer a diverse mix of interior climate-controlled, heated, and exterior drive-up storage options. This strategic expansion brings SmartStop's Canadian portfolio to 49 operating assets, strengthening its presence in Western Canada's growing market.

Strategic Storage Growth Trust III (NYSE:SMA) reported significant growth in Q2 2025, highlighted by strategic acquisitions and portfolio expansion. The company acquired two premier self-storage facilities - one in Houston, Texas for $28.5 million (880 units, 98,900 sq ft) and another in Vancouver, BC for CAD $36.3 million (800 units, 52,400 sq ft).

Revenue increased by 139% to $3.1 million year-over-year, driven by the acquisition of 13 properties over the past 12 months. The company also entered a joint venture to acquire land in New Westminster, BC, planning to develop a 99,275 sq ft facility with 1,170 units.

SSGT III secured multiple financing arrangements, including a $25 million Delayed Draw Mezzanine Loan, an $18.5 million Aegon Loan for the Houston property, and a $25 million Vancouver Bridge Loan. The company also successfully extended its Bank of Montreal Toronto Loan to June 2028.

Strategic Storage Trust VI (NYSE: SMA) reported strong Q2 2025 financial results, with total revenues increasing 9.6% to $7.7 million compared to Q2 2024. The company achieved same-store NOI growth of 9.6% for the quarter and 11.5% year-to-date.

Key operational metrics include a slight decrease in same-store average physical occupancy to 92.2% and an increase in same-store annualized rent per occupied square foot by 4.3% to $17.38. The company expanded its portfolio with three new joint venture properties in Canada, adding approximately 332,000 net rentable square feet of climate-controlled storage space.

Notable corporate actions include a declared daily distribution rate of $0.001698 per share and the suspension of their Share Redemption Program effective September 6, 2025, except for specific qualifying circumstances.

SmartStop Self Storage REIT (NYSE: SMA), a leading self-storage facility operator in the US and Canada, showcased its AI strategy at the Ai4 2025 conference in Las Vegas. Chief Operations Officer Joe Robinson and Director of Revenue Rene Hernandez represented SmartStop as the exclusive speakers from the self-storage sector.

The presentation highlighted SmartStop's proprietary AI pricing agents, which execute millions of automated pricing adjustments monthly. The in-house built system leverages the company's data warehouse and data science capabilities to enable dynamic, real-time pricing decisions that enhance operational efficiency and customer experience.

SmartStop Self Storage REIT (NYSE:SMA) reported its Q2 2025 results, marking its first quarter as a publicly traded REIT. The company raised over $1.3 billion in capital, including an IPO that generated net proceeds of $875.6 million. Key financial metrics include total self storage revenues of $60.9 million (up $5.9M YoY) and FFO of $24.4 million (up $12M YoY).

The company's same-store portfolio showed mixed performance with occupancy increasing to 93.1% (up 90bps YoY), while same-store NOI decreased by 1.1%. During Q2, SmartStop deployed nearly $200 million in acquisitions, including properties in Kelowna, Lakewood, and a five-property portfolio in Houston. The company also completed a CAD $500 million senior unsecured notes offering and received credit rating upgrades.

Blue Door AM I (NYSE:SMA) has launched Blue Door Property II, DST, a $64.8 million Delaware Statutory Trust investment program focused on self-storage properties. The portfolio includes three debt-free institutional-quality properties located in Orlando, Florida and Pasadena and Corinth, Texas, with a combined total of approximately 2,290 units and 301,000 net rentable square feet.

The program targets accredited investors, including those completing 1031 exchanges, offering tax deferral benefits and access to professionally managed self-storage assets in high-growth markets. The investment opportunity is being offered through Blue Door AM I, an indirect subsidiary of Strategic Storage Growth Trust III and SmartStop Self Storage REIT affiliate.

SmartStop Self Storage REIT (NYSE: SMA) has received a credit rating upgrade from KBRA to BBB with a Stable Outlook, up from BBB- Watch Upgrade. The upgrade follows SMA's successful IPO that raised $874 million in net equity in April.

KBRA has also assigned a BBB/Stable rating to SmartStop OP's new CAD$500 million senior unsecured notes due 2028. The upgrade reflects improved leverage metrics, enhanced coverage ratios, and a larger unencumbered asset base following debt reduction and a $200 million preferred stock redemption.

SmartStop, the 10th largest storage operator in the U.S., owns and manages over 225 self storage properties across 23 U.S. states and Canada, with a total equity value of $3 billion. The company maintains a 2025 acquisition guidance of $375 million (midpoint).

SmartStop REIT Advisors (NYSE: SMA), an affiliate of SmartStop Self Storage REIT, has announced a strategic distribution partnership with Orchard Securities. Through this collaboration, Orchard Securities will spearhead the distribution of investment programs, including Delaware Statutory Trust (DST) and managed REIT offerings, targeting Independent Broker Dealer and RIA channels.

The partnership leverages SmartStop's self-storage expertise in the U.S. and Canada alongside Orchard's distribution network to provide individual investors access to institutional-quality self-storage assets. This initiative aims to expand alternative real estate investment opportunities and create long-term value for investors.