Strategic Storage Trust VI Completes Merger with Strategic Storage Growth Trust III, Creating a Billion Dollar Self-Storage REIT
Business Wire•02/11/2026•19:39 ET
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Key Highlights
- ➤Merger values SSGT III’s real estate portfolio at approximately $500 million
- ➤SST VI surpasses $1 billion in total assets after all-stock merger
- ➤Portfolio expands to 37 wholly-owned facilities and approximately 29,400 units
- ➤Geographic footprint expands to ten states and three Canadian provinces
- ➤SSGT III stockholders expect a distribution rate more than 20% higher
Expert Statements
H. Michael Schwartz, President and Chief Executive Officer of SST VI
“Today is a milestone day for SST VI and SSGT III stockholders, who now share ownership of a larger, stronger company.”
H. Michael Schwartz, President and Chief Executive Officer of SST VI
“This merger transforms the size and scale of our company. With 37 wholly-owned facilities and over a billion dollars in total assets, we are positioned to operate more efficiently, borrow on better terms and pursue growth from a position of strength.”
H. Michael Schwartz, President and Chief Executive Officer of SST VI
“Because these properties were already on the SmartStop platform, the transition will be seamless for our customers, and we could not be more excited about what this combined company can achieve.”
H. Michael Schwartz, President and Chief Executive Officer of SST VI
“I want to thank our broker-dealer and RIA partners, who once again trusted SmartStop to invest their clients’ capital, and the investors who placed their confidence in us.”
H. Michael Schwartz, President and Chief Executive Officer of SST VI
“Their support made it possible to build this truly incredible portfolio, making SST VI the third REIT with more than $1 billion in assets created by our management team and its affiliates.”
H. Michael Schwartz, President and Chief Executive Officer of SST VI
“That is a testament to the strength of our partnership and the platform we have built together.”
Strategic Storage Trust VI Completes Merger with Strategic Storage Growth Trust III, Creating a Billion Dollar Self-Storage REIT
Portfolio grows to 37 wholly-owned facilities, nearly 30,000 units and 3.2 million square feet across ten states and three Canadian provinces
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