SmartStop-sponsored Strategic Storage Trust VI to acquire Strategic Storage Growth Trust III in stock deal
SmartStop Self Storage REIT, Inc.
STRATEGIC STORAGE TR VI INC
SmartStop Self Storage REIT, Inc. SMA | 0.00 | |
STRATEGIC STORAGE TR VI INC SGST | 0.00 |
- Strategic Storage Trust VI agreed to acquire Strategic Storage Growth Trust III in an all-stock merger valuing the combined platform at about $1.2 billion.
- SSGT III holders will receive 1 share of SST VI Class A common stock per SSGT III share.
- The deal adds 12 wholly owned self-storage facilities, a 50% stake in three Canadian ventures, and interests in DST programs with eight facilities.
- Post-close ownership is expected to be about 59% for existing SST VI holders, about 38% for SSGT III holders, and about 3% for other unitholders.
- Closing is targeted for the fourth quarter of 2026, subject to SSGT III shareholder approval and customary conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smartstop Self Storage Reit Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260714533420) on July 14, 2026, and is solely responsible for the information contained therein.
