Business
Strategic Storage Growth Trust III, Inc. Acquires Three Self-Storage Facilities in Spartanburg County, South Carolina
LADERA RANCH, Calif., December 19, 2025--Strategic Storage Growth Trust III, Inc. ("SSGT III"), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. ("SmartStop") (NYSE: SMA), announced the acquisition of a three-property self-storage portfolio in Spartanburg County, South Carolina. The portfolio totals approximately 179,900 net rentable square feet and includes approximately 1,580 storage units, the majority of which are climate-controlled, along
About this update from Smartstop Self Storage Reit, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":352,"url":"https://media.zenfs.com/en/business-wire.com/56e6a76e7b6ac034e2ade90ea73a8b5b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/d_X6aG2ZDK.eJBg4wY0EnA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcwNDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/56e6a76e7b6ac034e2ade90ea73a8b5b","width":480,"height":352}},"lazy":false},{"type":"text","content":"LADERA RANCH, Calif., December 19, 2025--(BUSINESS WIRE)--Strategic Storage Growth Trust III, Inc. ("SSGT III"), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. ("SmartStop") (NYSE: SMA), announced the acquisition of a three-property self-storage portfolio in Spartanburg County, South Carolina. The portfolio totals approximately 179,900 net rentable square feet and includes approximately 1,580 storage units, the majority of which are climate-controlled, along with approximately 120 parking spaces. These three properties were acquired by SSGT III in Delaware Statutory Trusts.","length":655,"tagName":"p"},{"type":"text","content":"The facilities are modern assets located in well-populated suburban trade areas benefiting from strong household incomes, solid traffic exposure, and favorable population growth trends.","length":185,"tagName":"p"},{"type":"text","content":"The Boiling Springs facility, located at 112 McCullugh Road, comprises approximately 53,500 net rentable square feet, 450 storage units and 66 parking spaces. The property offers a mix of interior climate-controlled units and exterior drive-up units and benefits from visibility to approximately 33,000 vehicles per day. The location serves the residential communities of Boiling Springs, Summit Brown Arrow, Fingerville, Mayo, Cherokee Springs, Whitney Heights, Converse, Drayton, Spartanburg, Valley Falls, Willow Wood, Woodfield, Inman, Inman Mills, Woodridge and Woodfin.","length":575,"tagName":"p"},{"type":"text","content":"The facility at 899 E. Main St. in Spartanburg consists of five one-story buildings, totaling approximately 50,300 net rentable square feet and 410 units. The property offers a mix of climate-controlled and drive-up units, and benefits from its proximity to downtown Spartanburg an...