Strategic Storage Trust VI Completes Merger with SSGT III
Strategic Storage Trust VI, Inc. (SST VI) announced the completion of its merger with Strategic Storage Growth Trust III, Inc. (SSGT III) on November 1, 2026. This all-stock transaction values SSGT III's real estate portfolio at approximately $500 million and unites two SmartStop-sponsored REITs into a significantly larger company with over $1 billion in total assets. The combined entity now owns 37 wholly-owned self-storage facilities, comprising approximately 29,400 units and 3.2 million rentable square feet across ten U.S. states and three Canadian provinces. Additionally, SST VI gains three joint venture interests and beneficial interests in three Delaware Statutory Trust programs. SSGT III stockholders received shares of SST VI Class A common stock, and their Series A Preferred Stock was converted into Series G Convertible Preferred Stock.
Key Highlights
- Strategic Storage Trust VI, Inc. completed its merger with Strategic Storage Growth Trust III, Inc. on November 1, 2026.
- The merger creates a combined entity with over $1 billion in total assets and 37 wholly-owned self-storage facilities.
- The combined company's portfolio includes approximately 29,400 units and 3.2 million rentable square feet across ten states and three Canadian provinces.
- SSGT III stockholders received one share of SST VI Class A common stock for each SSGT III share.
- Legacy SST VI stockholders now own approximately 59% of the combined company, legacy SSGT III stockholders approximately 38%.
- The merger adds 12 wholly-owned facilities, three new joint venture interests, and beneficial interests in three DST programs.
- SSGT III Series A Preferred Stock was converted into Series G Convertible Preferred Stock of the Company.
Price Impact
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