RIVERDALE, NJ-Public non-traded REIT Strategic Storage Trust,Inc. recently shelled out $6.4 million for an 820-unit self-storagefacility here. The property will be re-branded under the SmartStopSelf Storage trade name. The seller was Rick Kerper with Space StorSelf Storage; it was a direct sale and there were no brokersinvolved.

Developed in 2007, the property is located at 112 State Rt. 23and contains approximately 62,000 net rentable square feet on closeto 2.4 acres. The four-level building is 25 miles from New YorkCity and approximately 20 miles from two other SSTI-ownedself-storage facilities located in Jersey City, NJ and Ft. Lee,NJ.

The Riverdale site features digital surveillance,climate-controlled units, freight elevators, a large retail displayarea and an interior loading/unloading area that shelters customersfrom the weather.