SmartStop REIT Advisors Enters NAV REIT Space With Launch of Strategic Storage Trust X

SmartStop REIT Advisors (“SRA”), the sponsor and an indirect subsidiary of SmartStop Self Storage REIT, Inc., has officially entered the Net Asset Value (NAV) REIT space with Strategic Storage Trust X.

With the launch of Strategic Storage Trust X, SRA is continuing its commitment to acquiring institutional-quality self-storage assets in high-growth markets. Self storage continues to demonstrate resilience and strong demand, and SRA believes this new vehicle will allow them to further capitalize on attractive opportunities across North America.

In addition to its expansion into the NAV REIT space, SRA recently entered the 1031 exchange market with the introduction by its sponsored program, Strategic Storage Growth Trust III, Inc. (“SSGT III”), of its own Delaware Statutory Trust (“DST”) platform. This move aligns with SRA’s strategic vision to offer diverse, innovative, and tax-efficient real estate investment opportunities within the self-storage sector.

SRA brings deep industry expertise, a proven track record in self-storage investment management, and a vertically integrated platform that includes acquisitions, asset management, and property operations. The firm aims to leverage its extensive experience and national presence to drive strong returns for investors while meeting the evolving needs of self-storage customers.

About SmartStop REIT Advisors, LLC

SmartStop REIT Advisors, LLC, an indirect subsidiary of SmartStop Self Storage REIT, Inc., serves as the sponsor of Strategic Storage Growth Trust III, Inc. (“SSGT III”), Strategic Storage Trust VI, Inc. (“SST VI”), and Strategic Storage Trust X (“SST X” and collectively, with SSGT III and SST VI, the “Managed REIT Platform”), while its sponsored program, SSGT III, recently launched its own DST platform in the 1031 exchange market. The Managed REIT Platform and DST platform had a combined portfolio of 37 operating properties, approximately 29,000 units, and approximately 3.2 million net rentable square feet at year-end 2024. Assets under management for the Managed REITs was approximately $771.2 million at quarter-end.

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