SmartStop Self Storage REIT Investing ~$54M Into Canadian JV; Anticipates To Acquire Two Properties In Las Vegas, North Carolina For ~$37M; Plans To Dispose Off Select Properties In Noncore Markets Targeting $75M - $125M
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,
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Why It Matters
SmartStop is spending money to buy storage buildings in new places. They are also selling some buildings they do not need anymore.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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