SSTI PURCHASES SELF-STORAGE PORTFOLIO FOR $44 MILLION

N.J., N.Y. & PA. — Strategic Storage Trust, Inc. (SSTI), has acquired a 6,300-unit self-storage portfolio with four properties in the Northeast for $44 million. The sites are: a 660-unit property in Trenton; a 690-unit property in Ballston Spa; a 540-unit property in Collegeville; and a 390-unit property in Skippack; all of which will be rebranded under the SmartStop Self Storage name. Additionally, the portfolio contained seven properties in the Southeast.