Purchase Your Blue Vault Research Subscription
Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, acquired vacant land that will be developed into a 780-unit self storage facility in Hamilton, Ontario.
The 3.7-acre site will house a two-story storage facility totaling approximately 81,600 square feet. The building, which will offer interior loaded and 100 percent climate controlled units, is expected to be completed in late 2017.
In other Strategic Storage Growth Trust news, the REIT signed an agreement to purchase a soon-to-be-developed self storage facility in Pembroke Pines, Florida for $15.7 million, plus closing costs and acquisition fees.
Go BackRecent News
- Cantor Fitzgerald and Silverstein Properties Announce Joint Venture Partnership with Collins Capital Partners and Kaufman Jacobs and Closing of Construction Financing for Multifamily Opportunity Zone Development in Chesterfield County, VA
- Cultivating Wealth via Specialty Farmland
- Shopoff Sells Del Taco-Anchored Retail Center in Fullerton
- Urban Catalyst Floats Housing Instead Of Offices At Icon/Echo
- ExchangeRight’s Essential Income REIT Acquires $84 Million Portfolio
The well-attended Blue Vault session at the recent National Planning Holdings National Conference was very well received. The value of their products was evidenced by the volume of questions from the attendees. Stacy Chitty, Managing Partner, did an excellent job of explaining the history, strategy and value of Blue Vault data.
