Strategic Storage Trust VI, Inc. [SGST] - / SSGT III merger
Strategic Storage Trust VI, Inc. will acquire SSGT III in a merger expected to close in Q4 2026, with both companies sponsored by an affiliate of SmartStop Self Storage REIT, Inc.
Why this matters
Strategic Storage Trust VI, Inc. (SST VI) is a real estate investment trust focused on self-storage facilities, operating under the sponsorship of SmartStop Self Storage REIT, Inc. SST VI has entered into a definitive merger agreement to acquire SSGT III, another SmartStop-sponsored REIT, in an all-stock transaction. This merger will consolidate the assets of both companies, creating a combined entity with a total asset value of approximately $1.2 billion. The acquisition includes 12 wholly owned self-storage facilities across the United States and Canada, as well as joint venture interests and beneficial interests in Delaware Statutory Trust-sponsored programs. The transaction is expected to close in the fourth quarter of 2026, significantly expanding SST VI's portfolio and operational footprint in the self-storage sector.