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SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced the acquisition of five Class A, high-quality self-storage properties strategically located throughout the Houston Metropolitan Statistical Area.
The newly acquired portfolio features a diverse mix of multi- and single-story facilities that collectively offer more than approximately 420,000 net rentable square feet and approximately 3,800 storage units, including climate-controlled units and RV spaces. Each facility is well-positioned within a high-demand submarket of Houston, benefiting from strong demographic profiles, high traffic visibility, and proximity to residential and retail development.