SmartStop Self Storage (NYSE: SMA) details occupancy and rent trends
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
SmartStop Self Storage REIT, Inc. reported updated operating metrics for its same-store self-storage facilities, meaning stabilized, comparable properties included in consolidated results since January 1, 2025, excluding four other properties. These figures highlight recent trends in occupancy and rental rates.
Physical occupancy stayed high, at 92.1% and 92.3% as of December 31, 2025 and 2024, 92.7% and 92.1% as of January 31, 2026 and 2025, and 92.7% on both February 28, 2026 and 2025. Monthly web and move-in rates were generally lower than a year earlier, while monthly in-place rates were stable to slightly higher, holding around $1.64–$1.65 per square foot across the reported dates.
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8-K Event Classification
Item 7.01 — Regulation FD Disclosure
1 item
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
FAQ
What same-store occupancy did SmartStop Self Storage REIT (SMA) report?
SmartStop reported high same-store occupancy around the low-90% range. Physical occupancy was 92.1% versus 92.3% on December 31, 2025 and 2024, 92.7% versus 92.1% on January 31, 2026 and 2025, and 92.7% on both February 28, 2026 and 2025.
How did SmartStop Self Storage REIT’s (SMA) web rental rates change year over year?
Web rates were generally lower than a year earlier. Monthly web rates were $0.93 vs. $0.97 on December 31, 2025 and 2024, $0.91 vs. $1.05 on January 31, 2026 and 2025, and $0.95 vs. $1.01 on February 28, 2026 and 2025.
What monthly move-in rates did SmartStop Self Storage REIT (SMA) disclose?
Move-in rates showed softness compared with the prior year. Monthly move-in rates were $0.89 vs. $0.94 on December 31, 2025 and 2024, $0.85 vs. $1.00 on January 31, 2026 and 2025, and $0.87 vs. $0.90 on February 28, 2026 and 2025.
How stable were SmartStop Self Storage REIT’s (SMA) in-place rental rates?
In-place rates remained stable to slightly higher. Monthly in-place rates were $1.64 on both December 31, 2025 and 2024, $1.64 vs. $1.63 on January 31, 2026 and 2025, and $1.65 vs. $1.64 on February 28, 2026 and 2025.
What does SmartStop Self Storage REIT (SMA) mean by same-store facilities?
Same-store facilities are stabilized, comparable properties included in consolidated results since January 1, 2025, excluding four other properties. This definition lets investors compare performance over time using a consistent pool of assets without distortion from recent acquisitions or developments.
Is SmartStop Self Storage REIT’s (SMA) disclosure of these metrics considered filed with the SEC?
No. The company states this information is furnished under Regulation FD, not filed under Section 18 of the Exchange Act. As a result, it is not subject to Section 18 liabilities and is not automatically incorporated into other company filings.