REBusinessOnline

Strategic Storage Trust Acquires 540-Unit Self-Storage Facility in Houston

HOUSTON — Strategic Storage Trust IV Inc., a public non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, has acquired a 540-unit self-storage facility in Houston. The facility, which was built in 2007, is located at 8415 Queenston Blvd. and spans approximately 63,000 net rentable square feet. The property was 91 percent leased at the time of sale. Nick Walker and John Fenoglio of CBRE brokered the deal. The seller was not disclosed.

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