{"id":168825,"date":"2022-02-09T11:36:00","date_gmt":"2022-02-09T16:36:00","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=168825"},"modified":"2022-02-09T11:36:00","modified_gmt":"2022-02-09T16:36:00","slug":"smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/","title":{"rendered":"SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area"},"content":{"rendered":"

SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area<\/h1>\n

February 8, 2022 | SmartStop Self Storage REIT<\/p>\n

SmartStop Self Storage REIT, Inc. (“SmartStop\u201d or the \u201cCompany”),\u00a0a self-managed and fully-integrated self storage company, today announced the acquisition of a self storage facility in Algonquin, IL. This is SmartStop\u2019s sixth owned or managed location in the Chicago market and 163rd in North America.<\/p>\n

The facility is located at 1910 East Algonquin Road, Algonquin, IL, a dense and high-end suburban pocket of Chicago. This prime location has great visibility from the heavily-trafficked Algonquin Road, and serves the communities of Cary, Carpentersville, Lake in the Hills, Lake Zurich, Trout Valley and West Dundee. The property\u2019s 900 units span across approximately 109,000 square feet, and offer customers a blend of interior, climate controlled and non-climate, drive-up product. Additionally, the property offers amenities including a gated drive-in loading area, state-of-the-art security systems, keypad access and large truck accessibility.<\/p>\n

\u201cThis is a fantastic asset in the undersupplied Algonquin submarket within the Chicago Metropolitan Area,\u201d said Wayne Johnson, President & Chief Investment Officer of SmartStop. \u201cThe facility is user friendly with a blend of drive-up and interior units and is surrounded by dense and affluent residential communities, with a strong pipeline of additional residential projects under construction. This high quality property is a great addition to the SmartStop portfolio.\u201d<\/p>\n

About SmartStop Self Storage REIT, Inc. (SmartStop):<\/strong><\/span><\/p>\n

SmartStop is a self-managed REIT with a fully integrated operations team of approximately 420 self storage professionals focused on growing the SmartStop\u00ae Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of February 8, 2022, SmartStop is one of the largest self storage companies in North America, with an owned and managed portfolio of 163 properties in 19 states and Ontario, Canada and comprising approximately 111,000 units and 12.6 million rentable square feet. SmartStop and its affiliates own or manage 19 operating self storage properties in the Greater Toronto Area, which total approximately 16,200 units and 1.7 million rentable square feet. Additional information regarding SmartStop is available at\u00a0www.smartstopselfstorage.com<\/a>.<\/span><\/p>\n

Media Contact<\/strong><\/p>\n

David Corak
\nVP of Corporate Finance
\nSmartStop Self Storage REIT, Inc.
\n949-542-3331
\nIR@smartstop.com<\/a><\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

SmartStop Self Storage REIT, Inc. (“SmartStop\u201d or the \u201cCompany”),\u00a0a self-managed and fully-integrated self storage company…<\/p>\n","protected":false},"author":3464,"featured_media":162028,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"single-article.php","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2934,2806,3010,2939,2737,2823,2908],"tags":[],"class_list":["post-168825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-acquisitions","category-asset-class","category-asset-manager-news","category-commercial-real-estate","category-offering-type","category-self-storage","category-smartstop"],"acf":[],"yoast_head":"\nSmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area - Blue Vault<\/title>\n<meta name=\"description\" content=\"SmartStop Self Storage REIT, Inc. ("SmartStop\u201d or the \u201cCompany"),\u00a0a self-managed and fully-integrated self storage company...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"SmartStop Self Storage REIT, Inc. ("SmartStop\u201d or the \u201cCompany"),\u00a0a self-managed and fully-integrated self storage company...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/\" \/>\n<meta property=\"og:site_name\" content=\"Blue Vault\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-09T16:36:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2022\/01\/Self-Storage-AdobeStock_97590027.png\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"becki.clifton@bluevaultpartners.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"becki.clifton@bluevaultpartners.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/\",\"name\":\"SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area - Blue Vault\",\"isPartOf\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2022\/01\/Self-Storage-AdobeStock_97590027.png\",\"datePublished\":\"2022-02-09T16:36:00+00:00\",\"dateModified\":\"2022-02-09T16:36:00+00:00\",\"author\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/676e3314716f6c1292fd2cbce2d1206c\"},\"description\":\"SmartStop Self Storage REIT, Inc. (\\\"SmartStop\u201d or the \u201cCompany\\\"),\u00a0a self-managed and fully-integrated self storage company...\",\"breadcrumb\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#primaryimage\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2022\/01\/Self-Storage-AdobeStock_97590027.png\",\"contentUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2022\/01\/Self-Storage-AdobeStock_97590027.png\",\"width\":900,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/qa.bluevaultpartners.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bluevaultpartners.com\/#website\",\"url\":\"https:\/\/bluevaultpartners.com\/\",\"name\":\"Blue Vault Partners\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bluevaultpartners.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/676e3314716f6c1292fd2cbce2d1206c\",\"name\":\"becki.clifton@bluevaultpartners.com\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f78f7e1d0eaf01db87dbca7e1393a9e8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f78f7e1d0eaf01db87dbca7e1393a9e8?s=96&d=mm&r=g\",\"caption\":\"becki.clifton@bluevaultpartners.com\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area - Blue Vault","description":"SmartStop Self Storage REIT, Inc. (\"SmartStop\u201d or the \u201cCompany\"),\u00a0a self-managed and fully-integrated self storage company...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/","og_locale":"en_US","og_type":"article","og_title":"SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area - Blue Vault","og_description":"SmartStop Self Storage REIT, Inc. (\"SmartStop\u201d or the \u201cCompany\"),\u00a0a self-managed and fully-integrated self storage company...","og_url":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/","og_site_name":"Blue Vault","article_published_time":"2022-02-09T16:36:00+00:00","og_image":[{"width":900,"height":600,"url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2022\/01\/Self-Storage-AdobeStock_97590027.png","type":"image\/png"}],"author":"becki.clifton@bluevaultpartners.com","twitter_card":"summary_large_image","twitter_misc":{"Written by":"becki.clifton@bluevaultpartners.com","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/","url":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/","name":"SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area - Blue Vault","isPartOf":{"@id":"https:\/\/bluevaultpartners.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#primaryimage"},"image":{"@id":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#primaryimage"},"thumbnailUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2022\/01\/Self-Storage-AdobeStock_97590027.png","datePublished":"2022-02-09T16:36:00+00:00","dateModified":"2022-02-09T16:36:00+00:00","author":{"@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/676e3314716f6c1292fd2cbce2d1206c"},"description":"SmartStop Self Storage REIT, Inc. (\"SmartStop\u201d or the \u201cCompany\"),\u00a0a self-managed and fully-integrated self storage company...","breadcrumb":{"@id":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#primaryimage","url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2022\/01\/Self-Storage-AdobeStock_97590027.png","contentUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2022\/01\/Self-Storage-AdobeStock_97590027.png","width":900,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/qa.bluevaultpartners.com\/smartstop-self-storage-reit-inc-acquires-self-storage-facility-in-the-chicago-metropolitan-area\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/qa.bluevaultpartners.com\/"},{"@type":"ListItem","position":2,"name":"SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Chicago Metropolitan Area"}]},{"@type":"WebSite","@id":"https:\/\/bluevaultpartners.com\/#website","url":"https:\/\/bluevaultpartners.com\/","name":"Blue Vault Partners","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bluevaultpartners.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/676e3314716f6c1292fd2cbce2d1206c","name":"becki.clifton@bluevaultpartners.com","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f78f7e1d0eaf01db87dbca7e1393a9e8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f78f7e1d0eaf01db87dbca7e1393a9e8?s=96&d=mm&r=g","caption":"becki.clifton@bluevaultpartners.com"}}]}},"_links":{"self":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/168825"}],"collection":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/users\/3464"}],"replies":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/comments?post=168825"}],"version-history":[{"count":0,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/168825\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/media\/162028"}],"wp:attachment":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/media?parent=168825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/categories?post=168825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/tags?post=168825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}