SmartStop Self Storage REIT Fully Subscribes $29 Million Blue Door Property I DST Offering
Reuters
Nov 25
SmartStop Self Storage REIT Fully Subscribes $29 Million Blue Door Property I DST Offering
SmartStop Self Storage REIT Inc. has announced the full subscription of its Blue Door Property I, DST offering, raising $29.75 million in equity. The project allows accredited investors to participate in institutional-quality self-storage assets through a 1031 exchange or direct cash investment. Managed by Blue Door AM I, LLC, an affiliate of SmartStop, the offering is part of the company's strategy to provide tax-advantaged real estate programs focused on income potential, portfolio diversification, and capital preservation.
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