The facility comprises 103,000 square feet in 1,050 climate-controlled units
February 15, 2021: Strategic Storage Trust IV Inc. (SST IV) sponsored by an affiliate of SmartStop Self Storage REIT Inc., opened a new facility in the Greater Toronto Area (GTA).
SmartStop Self Storage at 50 Cityview Blvd. in Vaughan is a four-story facility comprising 103,000 square feet in 1,050 climate-controlled units. It was developed as a joint venture between SST IV and SmartCentres Real Estate Investment Trust, a Canadian REIT that specializes in retail real estate. Adjacent to a SmartCentres shopping center, it’s the third self-storage joint venture between the companies and SmartStop’s 16th location in the GTA.
Strategic Storage Trust IV, Inc. (“SST IV”) is a public non-traded REIT focused on stabilized and growth-oriented self storage facilities and related real estate investments.