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LADERA RANCH, Calif. ~ Strategic Storage Trust VI, Inc. ("SST VI"), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. ("SmartStop"), has announced the acquisition of its first self-storage property in Vancouver, British Columbia, Canada. The seven-story facility is located at 1615 Franklin Street and currently features approximately 350 interior climate-controlled units with a drive-through and interior loading. When fully built out, the facility will be approximately 60,500 net rentable square feet and will include approximately 890 climate-controlled units.
The newly-built Class A property is less than 10 minutes from downtown Vancouver and serves the Downtown Eastside, Burnaby Heights, Willington Heights, Renfrew Heights, and Grandview-Woodland neighborhoods. The facility includes easy-to-navigate wide driveways, covered drive-up loading areas, digital security access points, and 24/7 video surveillance. It will serve a wide range of customers including residential customers, small businesses and transportation and logistics providers.
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H. Michael Schwartz, CEO and President of SST VI said "Metro Vancouver is a rapidly growing region with a strong economy. As a result, the demand for self storage is high. We pride ourselves on offering a great product, platform and services; and we look forward to being a part of this thriving market." This will be the company's first operating asset in Vancouver which will be branded under the SmartStop Self Storage umbrella which owns or manages 26 self-storage properties throughout Canada.
The newly-built Class A property is less than 10 minutes from downtown Vancouver and serves the Downtown Eastside, Burnaby Heights, Willington Heights, Renfrew Heights, and Grandview-Woodland neighborhoods. The facility includes easy-to-navigate wide driveways, covered drive-up loading areas, digital security access points, and 24/7 video surveillance. It will serve a wide range of customers including residential customers, small businesses and transportation and logistics providers.
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H. Michael Schwartz, CEO and President of SST VI said "Metro Vancouver is a rapidly growing region with a strong economy. As a result, the demand for self storage is high. We pride ourselves on offering a great product, platform and services; and we look forward to being a part of this thriving market." This will be the company's first operating asset in Vancouver which will be branded under the SmartStop Self Storage umbrella which owns or manages 26 self-storage properties throughout Canada.
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