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SmartStop Self Storage REIT Inc., acquired two New Jersey facilities that were previously managed and branded by CubeSmart


SmartStop owns or manages 209 properties in 22 states, the District of Columbia and Canada

January 24, 2025: SmartStop Self Storage REIT Inc., a self-managed real estate investment trust (REIT), acquired two New Jersey facilities that were previously managed and branded by CubeSmart, an industry REIT and management company. The purchase includes a three-story structure at 1204 Broad St. in Clifton. Built in 2021, it comprises 116,100 net rentable square feet of climate-controlled space. The six-story building at 591 N. Union Ave. in Hillside offers 111,600 net rentable square feet of climate-controlled and drive-up storage.

Source: https://www.insideselfstorage.com/self-storage-investing-real-estate/self-storage-real-estate-acquisitions-and-sales-january-2025