{"id":12011,"date":"2017-01-12T15:54:39","date_gmt":"2017-01-12T20:54:39","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=12011"},"modified":"2017-01-12T15:54:39","modified_gmt":"2017-01-12T20:54:39","slug":"strategic-storage-trust-ii-inc-purchases-400-unit-self-storage-facility-in-colorado","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/strategic-storage-trust-ii-inc-purchases-400-unit-self-storage-facility-in-colorado\/","title":{"rendered":"Strategic Storage Trust II, Inc. Purchases 400-Unit Self Storage Facility in Colorado"},"content":{"rendered":"
January 12, 2017 | by James Sprow | Blue Vault<\/p>\n
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Strategic Storage Trust II, Inc. (SST II)\u2014which is sponsored by SmartStop Asset Management, LLC\u2014recently purchased a self storage facility located in Aurora, Colorado totaling approximately 400 units and approximately 53,360 rentable square feet. The transaction was announced in an 8-K filing on January 12, 2017.<\/p>\n
\u201cThis facility is in a solid retail location\u2014a growth market with excellent demographics,\u201d said H. Michael Schwartz, chairman and CEO of SST II.\u00a0\u201cWe will continue to focus on major metros like the greater Colorado market which offer tremendous long term value.\u201d<\/p>\n
Developed in 2012, the Aurora self storage facility is located at 6950 S. Gartrell Road and sits on 5.51 acres. The 10-building facility is approximately 95% occupied and offers drive-up and interior climate controlled units in addition to RV parking.<\/p>\n
Strategic Storage Trust II, Inc. Purchases 400-Unit Self Storage Facility in Colorado January 12, 2017 | by James Sprow | Blue Vault Strategic Storage Trust II, Inc. (SST II)\u2014which is … <\/p>\n