Welcome to our dedicated page for SmartStop Self Storage REIT news (Ticker: SMA), a resource for investors and traders seeking the latest updates and insights on SmartStop Self Storage REIT stock.
SmartStop Self Storage REIT, Inc. (NYSE: SMA) is an internally managed real estate investment trust that owns, acquires and operates self-storage properties in the United States and Canada. News about SmartStop often highlights its role as a premier owner and operator of self-storage facilities, as well as developments across its owned and managed portfolio of more than 460 operating properties and approximately 270,000 units.
Investors following SMA news can expect updates on property acquisitions, land purchases for new developments, and expansion in key metropolitan areas. Recent releases describe SmartStop’s strategic land acquisition in Toronto, Ontario, for a planned Class A self-storage facility, as well as the acquisition of a self-storage facility in Winter Garden, Florida, which adds to its presence in the Orlando metropolitan area. These items illustrate how the company deploys capital into markets with strong demographic and demand fundamentals.
SmartStop-related news also covers the activities of affiliated self-storage programs sponsored through SmartStop REIT Advisors, LLC, such as Strategic Storage Growth Trust III, Inc., Strategic Storage Trust VI, Inc., and Strategic Storage Trust X. Announcements from these entities include portfolio acquisitions, Delaware Statutory Trust offerings backed by self-storage properties, and financial performance updates, providing additional context on the broader SmartStop platform.
Corporate and capital markets developments are another recurring theme. Press releases and Form 8-K filings address dividend declarations, operating metrics for same-store facilities, investor presentations, and speaking engagements by company leadership at industry conferences. For readers tracking SMA, this news stream offers insight into SmartStop’s growth strategy, geographic footprint, and operational performance across its self-storage portfolio in North America.
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.
Storage Ventures (SMA) acquired a six-asset portfolio in Watertown and Evans Mills, NY, totaling approximately 285,000 square feet (five self storage assets ~273,000 SF plus a 12,000-SF retail center) on November 10, 2025. The deal triples Storage Ventures’ Northeast holdings to nine assets across New York, New Hampshire and Massachusetts and was supported in part by an investment from publicly traded self storage specialist SmartStop Self Storage REIT (NYSE: SMA). The portfolio is near I-81 and adjacent to Fort Drum, a major regional employer with approximately 19,000 service members and civilian personnel, which the company cites as a source of steady local demand.
SmartStop Self Storage REIT (NYSE: SMA) reported third quarter 2025 results and operational updates on November 5, 2025. Q3 highlights include net income attributable to common stockholders of approximately $5.2M, total self storage-related revenues of ~$64.6M, and FFO as adjusted of ~$27.5M. Same-store revenue rose 2.5% with average occupancy of 92.6%.
Notable financing and growth actions: a CAD $200M Maple bond (3.89% fixed) used to pay down the credit facility; a CAD $160M RBC JV term loan for Canadian JV properties; ~$70.3M USD (CAD $97.4M) portfolio purchase in Alberta and additional property acquisitions in New Jersey and Florida; and acquisition of Argus for ~$21.1M upfront plus up to $11M earnout, expanding third-party management to over 460 properties.
SmartStop Self Storage REIT (NYSE:SMA) will release third-quarter 2025 financial results for the period ended September 30, 2025 after market close on November 5, 2025.
Management will host a conference call and live webcast on November 6, 2025 at 1:00 PM Eastern Standard Time to review operating performance, discuss recent events, and conduct a registered-analyst Q&A; all other participants will be listen-only. The live webcast and replay will be available on the company’s Investor Relations site at investors.smartstopselfstorage.com. Participants are encouraged to register at least 15 minutes early to download any required software.
Strategic Storage Trust VI (NYSE: SMA) launched a $75 million Series E preferred stock offering for accredited investors, expandable to $100 million, with an 8% annualized cash dividend paid monthly when declared. The preferred stock ranks senior to all common stock, which totaled approximately $260 million as of June 30, 2025. The company’s current portfolio exceeds $500 million. Proceeds are expected to be used to pay down debt and further invest in income-producing and growth-oriented self-storage properties and related real estate investments. The announcement frames the offering as a way to provide retail investors with income and to strengthen SST VI’s capital base.
SmartStop Self Storage REIT (NYSE: SMA) has successfully completed its previously announced transaction with Argus Professional Storage Management (APSM). The combined entity will own or manage over 460 self-storage properties across North America.
BMO Capital Markets Corp. served as SmartStop's exclusive financial advisor for the transaction, while Nelson Mullins Riley & Scarborough LLP and Fennemore Craig, P.C. provided legal counsel to SmartStop and APSM respectively.
SmartStop Self Storage REIT (NYSE: SMA) has announced a strategic combination with Argus Professional Storage Management (APSM), the sixth-largest self-storage third-party management company in the U.S. The merger, expected to close in October 2025, will create a combined entity managing over 460 self-storage properties across North America.
The transaction aims to expand SmartStop's third-party management capabilities while offering three distinct partnership options: SmartStop (traditional branded strategy), SmartStop Legacy (hybrid approach), and Full Private Label (white label solution). The combined platform will leverage SmartStop's technology-driven infrastructure while maintaining APSM's entrepreneurial approach to property management.