Strategic Storage Trust VI, a real estate investment trust sponsored by SmartStop, has bought a 490-unit self-storage facility.
The facility includes two two-story buildings and a detached two-story leasing office.
“This acquisition represents an excellent opportunity for SST VI to enter a high-growth, high-income pocket of the Jacksonville MSA and further expand SST VI’s portfolio presence in Florida,” said Wayne Johnson, chief investment officer of SST VI. “We are excited to have this opportunity to serve the residents of St. Johns.”