STRATEGIC STORAGE ACQUIRES MAJORITY INTEREST IN SAN FRANCISCO FACILITY

SAN FRANCISCO — Strategic Storage Trust has acquired an 86 percent interest in a 1,120-unit self-storage facility in Downtown San Francisco. The trust now owns a 98 percent majority interest. The purchase price was not disclosed. The 76,200-square-foot facility is located at 190 Otis Street. The seller was a group of various investors in a Delaware statutory trust. The building was previously re-branded under the SmartStop Self Storage trade name.