SmartStop Self Storage (NYSE: SMA) updates year-end occupancy and rent data
Rhea-AI Filing Summary
SmartStop Self Storage REIT, Inc. reported updated operating metrics for its same store self-storage facilities, which are stabilized and comparable properties included in its consolidated results since January 1, 2024, excluding four other properties. As of December 31, 2025, physical occupancy was 92.1%, compared with 92.3% a year earlier, indicating largely stable unit utilization.
For these same store locations, monthly web rental rates were $0.91 as of December 31, 2025 versus $0.97 a year before, and monthly move-in rates were $0.88 versus $0.94. Monthly in-place rental rates remained $1.63 at both December 31, 2025 and December 31, 2024. The company furnished these metrics under a Regulation FD disclosure, meaning they are not treated as filed financial statements under securities laws.
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FAQ
What operating metrics did SmartStop Self Storage REIT (SMA) disclose?
SmartStop Self Storage REIT disclosed same store metrics as of December 31, 2025, including physical occupancy, monthly web rental rates, monthly move-in rates, and monthly in-place rental rates for stabilized, comparable properties in its consolidated results since January 1, 2024 (excluding four other properties).
What was SmartStop Self Storage REIT (SMA) occupancy at year-end 2025?
For the company’s same store facilities, physical occupancy was 92.1% as of December 31, 2025, compared with 92.3% as of December 31, 2024, showing largely stable occupancy year over year.
How did SmartStop Self Storage REIT (SMA) web rental rates change?
Monthly web rental rates for same store properties were $0.91 as of December 31, 2025, compared with $0.97 as of December 31, 2024, indicating lower advertised online rates at year-end 2025.
What were SmartStop Self Storage REIT (SMA) move-in and in-place rental rates?
For same store facilities, monthly move-in rates were $0.88 as of December 31, 2025 versus $0.94 a year earlier. Monthly in-place rental rates were $1.63 at both December 31, 2025 and December 31, 2024, showing stable pricing on existing occupied units.
What does SmartStop Self Storage REIT (SMA) mean by same store facilities?
The company defines same store facilities as stabilized and comparable properties that have been included in its consolidated results of operations since January 1, 2024, specifically excluding four other properties from these metrics.
Is this SmartStop Self Storage REIT (SMA) disclosure part of its filed financial statements?
No. The company stated that this information is furnished under Regulation FD and is not deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into other company filings.