SmartStop Self Storage Marks 15 Years in Canada With Continued Growth and Market Leadership
Businesswire·2025-12-18 01:19

Core Insights - SmartStop Self Storage REIT, Inc. celebrates its 15th anniversary of operations in Canada, marking a significant milestone in its commitment to providing secure and customer-focused storage solutions [1][2] Company Overview - SmartStop is an internally managed real estate investment trust (REIT) that specializes in self-storage facilities in the United States and Canada [1] - The company has expanded its Canadian footprint since entering the market in 2010, becoming the largest self-storage operator in the Greater Toronto Area (GTA) and the fourth largest in Canada [2] Operational Expansion - SmartStop operates 49 properties across Ontario, British Columbia, Alberta, and Quebec, with the recent opening of its first location in Montréal [3] - The company has modernized its facilities, improved digital tools, and expanded security systems to adapt to changing storage needs [4] Leadership Statements - H. Michael Schwartz, Chairman and CEO, emphasized the trust from partners and the dedication of teams as key factors in reaching this milestone, reaffirming the company's commitment to enhancing storage experiences [4] - Bliss Edwards, Executive Vice President – Canada, highlighted the focus on expanding presence and strengthening the portfolio as central to the company's future in Canada [5] Portfolio and Scale - As of December 17, 2025, SmartStop has a portfolio of over 460 operating properties across 34 states, Washington D.C., and Canada, comprising more than 270,000 units and 35 million rentable square feet [5] - In Canada, SmartStop and its affiliates own or manage 49 operating self-storage properties, totaling approximately 42,200 units and 4.3 million rentable square feet [5]