Strategic 1031 Properties, LLC
Ladera Ranch, CA
SmartStop Asset Management, LLC is a diversified real estate company with a managed portfolio that currently includes approximately 57,800 self storage units and approximately 6.3 million rentable square feet. SAM is the asset manager for 87 self storage facilities located throughout the United States and Toronto, Canada. SmartStop Asset Management is the sponsor of SST II, a public non-traded REIT focused on stabilized self storage properties, and SSGT, a public non-traded REIT focused on opportunistic self storage assets. The facilities offer affordable and accessible storage units for residential and commercial customers. In addition, they offer secure interior and exterior storage units as well as outside storage areas for vehicles, RVs and boats. In 2015, key executives at SAM negotiated the sale of SmartStop Self Storage, a fully integrated, self-administered and self-managed self storage company, owning and/or operating 170 self storage properties in 21 states and Toronto, Canada, to Extra Space, the second-largest storage operator in the United States, in a merger transaction with SmartStop Self Storage having an enterprise value of $1.4 billion.