SmartStop Self Storage REIT, Inc. Announces Land Acquisition for New Class A Self-Storage Development in Edmonton, Alberta

This section is Partnership Content suppliedThe content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Article contentLADERA RANCH, Calif. — SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced it has acquired a 1.75-acre parcel of land in Edmonton, Alberta. SmartStop intends to develop the project into a new Class A self-storage facility in partnership with SmartCentres (TSX: SRU.UN).Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentThe site is located at 8403 127 Ave NW, approximately 3.5 miles north of downtown, and offers strong visibility to southbound traffic along 82 Street NW. The proposed development is expected to deliver a single four-story building with two elevators and approximately 99,650 net rentable square feet of storage space, featuring 100% climate-controlled units.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentThe surrounding three-mile area has a population of approximately 193,000 and is projected to grow by 8.6% over the next five years, supporting continued demand for high-quality self storage.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentConstruction is scheduled to begin in the second quarter of 2027, with a planned soft opening in the third quarter of 2028. When complete, the facility will serve the neighborhoods of Balwin, Delton, Elmwood Park, Killarney, Calder, Sherbrooke, and Westwood.Article contentThis development will be SmartStop’s sixth location in the Edmonton metropolitan area, further strengthening the company’s presence in Alberta.Article content“This acquisition is a compelling opportunity to expand our presence in a growing, supply-constrained market,” said H. Michael Schwartz, Chairman and CEO of SmartStop. “Edmonton continues to demonstrate strong fundamentals, and partnering with SmartCentres allows us to deliver a best-in-class facility that meets the needs of the surrounding communities and enhances long-term value for our shareholders.”Article contentAbout SmartStop Self Storage REIT, Inc. (SmartStop):Article contentSmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 1,000 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary, SmartStop REIT Advisors, LLC, also sponsors other self-storage programs and, through its Managed Platform, offers third-party management services in the U.S. and Canada. As of March 10, 2026, SmartStop has an owned or managed portfolio of over 460 operating properties in 35 states, the District of Columbia, and Canada, comprising over 270,000 units and more than 35 million rentable square feet. SmartStop and its affiliates own or manage 50 operating self-storage properties across four provinces in Canada, which total approximately 43,000 units and 4.3 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.Article contentArticle contentArticle contentArticle contentView source version on businesswire.com: Article content https://www.businesswire.com/news/home/20260310628233/en/Article contentArticle contentContactsArticle contentInvestor Relations Contact: Article contentArticle contentDavid CorakArticle contentArticle contentSenior VP of Corporate Finance and StrategyArticle contentArticle contentSmartStop Self Storage REIT, Inc.Article contentArticle contentIR@smartstop.comArticle contentMedia Relations Contact: Article contentArticle contentSpotlight Marketing CommunicationsArticle contentArticle content949-427-5172Article contentArticle contentinfo@spotlightmc.comArticle content#distroArticle contentTrending Subprime firm Goeasy dives 39% as trouble emerges in auto loans Investor Here's why bets are rising for interest rate hikes including for Canada Economy Ontario Teachers' Pension Plan posts 6.7% return in 2025, but misses benchmark on real estate hit Finance Saudi Aramco chief warns of ‘catastrophic consequences’ in biggest crisis region's oil market has faced Oil & Gas Expanded Trans Mountain pipeline almost doubles oil exports from Port of Vancouver Energy Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Subprime firm Goeasy dives 39% as trouble emerges in auto loans Investor Here's why bets are rising for interest rate hikes including for Canada Economy Ontario Teachers' Pension Plan posts 6.7% return in 2025, but misses benchmark on real estate hit Finance Saudi Aramco chief warns of ‘catastrophic consequences’ in biggest crisis region's oil market has faced Oil & Gas Expanded Trans Mountain pipeline almost doubles oil exports from Port of Vancouver Energy