Quarterly UpdatesJun 2, 2026, 06:07 AM
SmartStop Self Storage REIT Reports Mixed May 2026 Same-Store Metrics
AI Summary
SmartStop Self Storage REIT, Inc. provided key operational metrics for its same-store facilities as of May 31, 2026, compared to the prior year. Physical occupancy, monthly web rates, and monthly move-in rates all saw slight declines. However, monthly in-place rates experienced a modest increase.
Key Highlights
- Physical occupancy as of May 31, 2026, was 92.4%, down from 93.1% in May 2025.
- Monthly web rates were $1.21 as of May 31, 2026, a decrease from $1.24 in May 2025.
- Monthly move-in rates declined to $1.06 as of May 31, 2026, from $1.12 in May 2025.
- Monthly in-place rates increased to $1.66 as of May 31, 2026, up from $1.63 in May 2025.
Price Impact
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