SmartStop Self Storage REIT Acquires Toronto Site for New Class A Facility

Reuters

2025/12/24

SmartStop <a href="https://laohu8.com/S/SSGNF">Self Storage</a> REIT Acquires Toronto Site for New Class A Facility

SmartStop Self Storage REIT, Inc. has acquired a 1.78-acre land parcel in Toronto, Ontario, for the development of a Class A self-storage facility in partnership with SmartCentres. Construction is set to begin in the fourth quarter of 2026, with a soft opening planned for the fourth quarter of 2027. The four-story facility will offer approximately 100,000 net rentable square feet and 1,100 climate-controlled units, aiming to meet strong demand in a densely populated and supply-constrained area near York University. This project reinforces SmartStop’s expansion in the Greater Toronto Area.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smartstop Self Storage Reit Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251223614739) on December 23, 2025, and is solely responsible for the information contained therein.

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