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SmartStop Self Storage REIT, Inc. is an internally managed real estate investment trust, or REIT, and a premier owner and operator of self storage facilities in the United States and Canada.
We are a premier owner and operator of self storage facilities in the United States and Canada. We are internally managed and have built a fully integrated, technology-enabled, data-driven, and scalable platform that is positioned for growth. We operate an institutional-quality portfolio of self storage properties that are located primarily within top metropolitan statistical areas, or MSAs, throughout the United States and within top census metropolitan areas, or CMAs, in Canada, including the Greater Toronto Area, or GTA. According to the Inside Self Storage Top-Operators List for 2024, we are the tenth (10th) largest owner and operator of self storage properties in the United States and according to Colliers, the largest in the GTA based on rentable square footage. As of December 31, 2024, we owned or managed 208 operating stores across 22 states, the District of Columbia and three provinces in Canada, comprising approximately 148,275 units and 16.7 million net rentable square feet.
We were formed as a Maryland corporation in January 2013 and have elected to be taxed as a REIT for U.S. federal income tax purposes beginning with our taxable year ended Dec. 31, 2014.
Note: Net loss and revenue are for the year that ended Dec. 31, 2024.
(Note: SmartStop Self Storage REIT, Inc. priced its IPO at $30.00 – below the $31.50 mid-point of its $28.00-to-$35.00 price range – on 27.0 million shares – to raise $810 million on Tuesday night, April 1, 2025.)
(Note: SmartStop Self Storage REIT, Inc., trimmed the top of its price range to $35.00 – down from $36.00 – for a new price range of $28.00 to $35.00 – and kept the number of shares at 27.0 million shares – to raise $850.5 million, if priced at the $31.50 mid-point of its range, according to an S-1/A filing dated March 27, 2025.)
(Background: SmartStop Self Storage REIT, Inc., filed an S-11/A on March 24, 2025, and disclosed the terms for its IPO: 27.0 million shares at a price range of $28.00 to $36.00 to raise $864.0 million, if priced at the $32.00 mid-point of its range. Background: SmartStop Self Storage REIT, Inc. filed its S-11/A to go public on Dec. 9, 2022, without disclosing terms for its IPO.)
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