Strategic Storage Trust II, Inc. Reports 2018 Fourth Quarter and Fiscal Year End Results
April 3, 2019 | Strategic Storage Trust II, Inc.
Strategic Storage Trust II, Inc. (“SST II”) announced increases in total revenues and net operating income (“NOI”), as well as increases in same-store results, including revenues, NOI and annualized revenue per occupied square foot, as part of its overall operating results for the three and twelve months ended December 31, 2018.
“The existing SST II portfolio continues to perform,” said H. Michael Schwartz, CEO and chairman of the board of directors of SST II. “We are also excited for the recent closing of the Strategic Storage Growth Trust, Inc. merger, which will be a transformative acquisition for the company. Following the merger, SST II has become a portfolio of over 110 high-quality self storage assets with a combined value in excess of $1.3 billion.”
