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

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

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