LADERA RANCH, CA-Locally based Strategic Storage Trust Inc. has completed a three-phase acquisition of a 16-property portfolio that represents more than 1.1 million square feet of storage space and approximately 8,560 self-storage units in South Carolina, Florida and Georgia. The total aggregate purchase price was approximately $75 million. 

The acquisition included six properties located in South Carolina consisting of approximately 3,740 self-storage units for a total aggregate purchase price of approximately $38.7 million. The six sites, which add approximately 459,000 square feet to SSTI’s inventory of rental storage space, will be rebranded under the SmartStop Self Storage trade name.

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