SmartStop Self Storage to invest about CAD 74 million in Strategic Storage Canada joint venture fund
SMA•SmartStop Self Storage outlined about USD 140 million of planned 2026 investments to expand its North American self-storage platform, including a CAD 74 million investment in a Canadian joint venture holding 14 properties.
1. Planned investments
SmartStop Self Storage REIT outlined about USD 140 million of investments to expand its North American self-storage platform in 2026. The planned CAD 74 million investment is in a Canadian joint venture holding 14 properties, with about 961,000 rentable square feet and roughly 50% occupancy; other plans include purchasing two U.S. facilities for an expected $37 million and investing $48.2 million net in preferred equity and mezzanine opportunities by year-end.
