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SmartStop Self Storage REIT, Inc Acquires Self Storage Facility in the Greater Toronto Area

Share this article LADERA RANCH, Calif., April 19, 2021 /PRNewswire/  SmartStop Self Storage REIT, Inc. ( SmartStop or the Company ), a self-managed and fully-integrated self storage company with approximately $1.7 billion of self storage assets under management, today announced the acquisition of a recently built six-story self storage facility in Oakville, Ontario, Canada. The property was completed in April 2020 and was approximately 35% occupied at acquisition. This is SmartStop s 17th owned or managed location in the Greater Toronto Area ( GTA ), and 153rd property in North America. The six-story facility is located at 450 Iroquois Shore Rd in the Oakville community, one of the GTA s most affluent suburbs. This prime location provides easy access from both the 400 series and QEW highways as well as the Go Transit regional train service. This facility serves the communities of Oakville, Kerr Village, Clearview, and Falgarwood and is located a short drive from Sheridan C

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