03/17/2022
SmartStop Self Storage has merged with Strategic Storage Growth Trust II (SSTG II) in an all-stock transaction. SSGT II is planned to merge into a newly formed subsidiary of SmartStop. The combined portfolio comprises 150 operating properties, totaling approximately 11.5 million net rentable square feet and 100,500 units. The merger is expected to close during the first half of 2022. The transaction will help the owner potentially create greater value due to the benefits of a larger portfolio.