LADERA RANCH, Calif.–(BUSINESS WIRE)–April 22, 2022–
SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), an internally managed real estate investment trust and a leading owner and operator of self-storage facilities in the United States and Canada, today filed a registration statement on Form S-11 with of the United States Securities and Exchange Commission (the “SEC”) on April 22, 2022, relating to a proposed public offering underwritten in conjunction with the listing of its common stock on a national stock exchange. SmartStop intends to apply to list its common stock on the New York Stock Exchange under the symbol “SMST”.
The number of shares to be offered and the price range of the proposed offer have not yet been determined. The Offer is subject to market conditions, and there can be no assurance that or when the Offer will be considered, or as to the actual size or terms of the Offer.
Citigroup, Wells Fargo Securities, KeyBanc Capital Markets and BMO Capital Markets are acting as joint account holders for the offering.
The offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this offering, when available, may be obtained from: Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 800-831-9146 or email to: [email protected]); Wells Fargo Securities, Attention: Equity Syndicate Department, 500 West 33rd Street, New York, New York, 10001, at (800) 326-5897 or email a request to [email protected]; KeyBanc Capital Markets Inc., Attention: Equity Syndicate, 127 Public Square, 4th Floor, Cleveland, OH 44114, by phone at 1.800.859.1783 or by fax at 1-216-689-0845; or BMO Capital Markets Corp., Attention: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, by phone at (800) 414-3627 or by email: [email protected]
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold or offers to buy may be accepted prior to the effective date of the registration statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, and there will be no sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or territory.
About SmartStop Self Storage REIT, Inc. (SmartStop)
SmartStop is a self-managed REIT with a fully integrated operations team of approximately 420 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of April 22, 2022, SmartStop owned and managed a portfolio of 165 properties in 20 states and Ontario, Canada, and comprising approximately 112,000 units and 12.8 million leasable square feet. SmartStop and its affiliates own or manage 19 operating self-storage properties in the Greater Toronto Area, totaling approximately 16,200 units and 1.7 million leasable square feet.
Show source version on businesswire.com:https://www.businesswire.com/news/home/20220422005618/en/
CONTACT: David Corak
Vice President of Corporate Finance
SmartStop Self Storage REIT, Inc.
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA CANADA
SECTOR KEYWORD: OTHER CONSTRUCTION & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & REAL ESTATE SCI
SOURCE: SmartStop Self Storage REIT, Inc.
Copyright BusinessWire 2022.
PUBLISHED: 04/22/2022 17:07 / DISK: 04/22/2022 17:07
Copyright BusinessWire 2022.